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Marketing update

13th Nov 2013 07:00

RNS Number : 8566S
Vmoto Limited
13 November 2013
 

 

MARKETING UPDATE

 

announcement 13 NOVEMBER 2013

 

 

 

· VMOTO EXHIBITS AT 31ST CHINA JIANGSU ELECTRIC TWO WHEEL VEHICLE EXHIBITION - SIGNIFICANT LEADS AND INTEREST GENERATED IN VMOTO PRODUCTS

 

· AUSTRALIAN AND UK BROKERS AND FUND MANAGERS VISIT FACTORY AND CHINESE RETAIL STORE

 

As part of its increasing marketing campaign, Vmoto Limited ("Vmoto" or "the Company") is pleased to announce that it recently participated in one of the largest and most important electric two wheel vehicle exhibitions in China, the 31st China Jiangsu Electric Two Wheel Vehicle Exhibition (the "Exhibition"), held over 19 and 20 October 2013 in Nanjing, China.

 

The Exhibition was well attended, with over 60,000 visitors, including electric two wheel vehicle distributors, consumers and media. Over 500 electric two wheel vehicle manufacturers and parts suppliers also participated in the Exhibition. In addition to Chinese electric two wheel vehicle manufacturers, there were also electric two wheel vehicle manufacturers from Europe, United States, Japan, India and Africa.

 

Vmoto has since obtained more than 150 sales leads from visitors who have expressed interest in cooperating with Vmoto. This is the first time Vmoto has exhibited at the Exhibition and the senior management team are delighted with the positive feedback and attention received.

 

 

SITE VISIT BY AUSTRALIAN AND UNITED KINGDOM BROKERS AND FUND MANAGERS

 

In conjunction with increasing the capital markets awareness of the Company, a group of brokers and fund managers from Australia and the UK visited Vmoto's Nanjing manufacturing facilities on 7 November 2013. The group was lead through an inspection of the offices, manufacturing plants, production lines, warehouse, staff accommodation, staff cafeteria and Vmoto's first flagship retail store in Lishui District, Nanjing. Vmoto also organised test rides of the Company's electric two wheel vehicles.

 

The Board intends to undertake further site visits as and when appropriate and, owing to the success of the Exhibition, has already undertaken to participate again in 2014, as well as select other electric two wheel vehicle exhibitions.

 

 

AUTHORISED BY:

 

Charles Chen

Managing Director

 

For further enquiries, please contact:

 

Charles Chen, Managing Director

Olly Cairns, Non-Executive Director

+61 (8) 9226 3865

+61 (8) 9226 3865

 

finnCap Ltd

+44 (0) 207 220 0500

Ed Frisby/ Christopher Raggett (corporate finance)

Tony Quirke (corporate broking)

 

 

 

About Vmoto

 

Vmoto is a global scooter manufacturing and distribution group and is listed on the Australian Securities Exchange (ASX) and on the AIM market of the London Stock Exchange. The Company specialises in high quality "green" electric powered two wheel vehicles and manufactures a range of western designed electric (and some petrol) two wheel vehicles from its low cost manufacturing facilities in Nanjing, China, marketed in Europe through its operation in Bremen, Germany and marketed outside Europe through its operations in Australia. Vmoto combines low cost Chinese manufacturing capabilities with European design. The group operates through two primary brands: Vmoto (aimed at the value market in Asia) and E-Max (targeting the Western markets, with a premium end product). As well as operating under its own brands, the Company also sells to a number of customers on an original equipment manufacturer ("OEM") basis.

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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