Capital Resource Funding Corp. Effects Corporate Name Change to China Sun Group High-Tech Co. and Begins Trading Under New Symbo
06 September 2007 - 2:30PM
PR Newswire (US)
LIAONING PROVINCE, China, Sept. 6 /PRNewswire-FirstCall/ -- Capital
Resource Funding Corp. (OTC:CSGH) (BULLETIN BOARD: CSGH) (formerly
OTC Bulletin Board: CRFU), announced that effective at the open of
market today, its corporate name has changed to China Sun Group
High-Tech Co., and the Company's trading symbol has changed from
CRFU to CSGH. "Our new corporate identity strengthens our domestic
and international market presence. The name better reflects our
business model to create an end- to-end supply chain that serves
lithium ion battery manufacturers and their end users worldwide,"
said Wang Bin, president of China Sun Group High-Tech Co. About
China Sun Group High-Tech Co. China Sun Group High-Tech Co.,
formerly known as Capital Resource Funding Corp., produces anode
materials used in lithium ion batteries. Through its majority-owned
operating subsidiary, Da Lian Xin Yang High-Tech Development Co.
Ltd ("DLX"), the Company primarily produces cobaltosic oxide and
lithium cobalt oxide. According to the China Battery Industry
Association, DLX has the second largest cobalt series production
capacity in China. Leveraging its technological leadership in
China, high-quality product line and scalable production capacity,
DLX plans to create a fully integrated supply chain from the
primary manufacturing of cobalt ore to finished products, including
lithium ion batteries. For more information, visit
http://www.china-sun.cn/English/Aboutus.asp . Safe Harbor Statement
Statements in this press release which are not historical data are
forward-looking statements which involve known and unknown risks,
uncertainties or other factors not under the company's control,
which may cause actual results, performance or achievements of the
company to be materially different from the results, performance or
other expectations implied by these forward-looking statements.
These factors include, but are not limited to, those detailed in
the company's periodic filings with the Securities and Exchange
Commission. DATASOURCE: China Sun Group High-Tech Co. CONTACT:
Thomas Yang, Assistant to the President of China Sun Group
High-Tech Co., +1-917-432-9350 (U.S.), or +86-411-8289-7752
(China), or Fax: +86-411-8289-2739, or Peter Clark of OTC Financial
Network, +1-781-444-6100 ext.629, for China Sun Group High-Tech Co.
Web site: http://www.china-sun.cn/
http://www.china-sun.cn/English/Aboutus.asp
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