SOURCE: China Auto Logistics Inc.

China Auto Logistics Inc.

November 12, 2010 08:00 ET

China Auto Logistics Invites You to Join Its 2010 Third Quarter Investor Conference Call to Be Held Tuesday, November 16, at 8:00am ET

TIANJIN, CHINA--(Marketwire - November 12, 2010) - China Auto Logistics Inc. (the "Company") (NASDAQ: CALI), one of China's leading developers of websites for buyers and sellers of imported and domestic automobiles, a top seller in China of imported luxury cars, and a leading provider of auto-related services, announced today it will discuss third quarter results during a live conference call and webcast on Tuesday, November 16, 2010, at 8:00am ET. This will follow distribution of a news release with the Company's 2010 third quarter results on Monday, November 15th, before the market opens.

To participate in the call, interested participants should call 1-877-941-4778 when calling within the United States or 1-480-629-9763 when calling internationally. Please ask for the China Auto Logistics 2010 Third Quarter Earnings Conference Call, Conference ID: 4385117. There will be a playback available until November 23, 2010. To listen to the playback, please call 1-877-870-5176 when calling within the United States or 1-858-384-5517 when calling internationally. Use the Replay Pin Number: 4385117.

This call is being webcast by ViaVid Broadcasting and can be accessed by clicking on this link http://viavid.net/dce.aspx?sid=00007DFE or at ViaVid's website at www.viavid.net.

About China Auto Logistics Inc. (CALI)

With 2009 sales of approximately $215 million, China Auto Logistics Inc. operates www.cali.com.cn, which rapidly has become one of the leading automobile portals for car dealers and consumers of vehicles and auto-related services throughout China. The Company also is one of China's top sellers of luxury imported cars as well as one of the country's leading developers of websites for buyers and sellers of imported and domestic automobiles. Recently initiating auto-related services for dealers and purchasers of domestic autos, it is China's leading "one stop" provider of logistical services and financing to imported car dealers nationwide and manager of the large imported auto mall in Tianjin. Its subscription and advertising based www.at188.com is the number one site for imported car dealers and consumers. Its www.at160.com site, focused on the domestic auto market, has climbed rapidly to become one of the top domestic auto websites and ranks among the top 125 most visited sites in China. Recently, the Company completed the acquisition of www.goodcar.cn, a highly popular internet destination for auto drivers attracted by the discount cards offered on the site for a variety of automotive products and services including 5% discounts on gas purchases. The Company believes the integration of these wide ranging sites and services in a single portal serving a broad spectrum of China's "auto living" public, as well as the addition of new web-based auto-related services for businesses and consumers, will drive future growth. For additional information visit www.chinaautologisticsinc.com.

Information Regarding Forward-Looking Statements

Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product demand, market competition, and risks inherent in our operations. These and other risks are described in our filings with the U.S. Securities and Exchange Commission.

Contact Information

  • Contacts:
    US Investor
    Focus Asia Partners
    Robert Agriogianis
    Tel: 973-520-8741

    Press
    Ken Donenfeld
    kdonenfeld@dgiir.com
    Tel: 212-425-5700
    Fax: 646-381-9727