("China Shoto" or "the Group")

 

 

 

The Board of China Shoto plc (AIM:CHNS), a leading Chinese producer of industrial batteries and power supply systems, is pleased to announce that the year ended 31 December 2006 was a period of excellent progress for the Group.  The results, which are expected to be announced in the last week of April 2007, will be in line with market expectations.  The final dividend for 2006 will be announced with the results.

 

During 2006 the Group significantly expanded its production capacity, on time and within budget. The new manufacturing facility, which came on stream in May 2006, rapidly moved into full production. 

 

The markets within which the Group operates continue to grow. The current year has started well and the board has every confidence that the Group will continue to make sound progress in 2007.

 

 

 

 

 

 

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