Wonder Auto Technology Inc. (WATG) Brings China’s Automobile Industry Growth to NASDAQ
China continues to need vast numbers of new automobiles. This is the driving force behind a company engaged in supplying electric car parts in the country. This company, which is listed on NASDAQ, has a strong presence in the China Electronic Instrumentation & Controls Industry. The management has chosen to specialize in components for small and mid-sized cars. One of the operating subsidiaries owned by this small capital stock has just won a large, four-year contract from an OEM entity. The holding company emphasizes Green Business initiatives, and this guides new product development efforts by all its subsidiaries. Management is…