SHANXI PROVINCE, China, Jan. 8, 2007 (PRIME NEWSWIRE) -- After 5 months of testing and trials since the installation, Shiming (the "Company") has successfully put its second LCD automatic assembling line into full capacity. This second LCD assembling line allows the Company to produce the LCD larger than 42" for the first time since its inception. It has not only doubled Company's production capacity, but also vertically and horizontally expanded Company's product lines and categories to capture higher profitability and to enjoy higher profit margins.
This second assembling line is located at Company's Shenzhen production facility. It is one of most advanced LCD assembling systems in China which allows Company to produce various sizes (up to 63") of LCD and Plasma TV sets. According to the chief engineer of the Company, this assembling line allows the Company to produce 1500 sets of 42" LCD TV daily.
The Chairman of Company, Mr. Wang Shiming, stated, "We are excited about this new assembling line. It allows us to produce more efficiently and bring more quality TVs to our customers. We are also expanding aggressively to meet the demand for our products."
About Shiming Inc.
Shiming Inc. is a consumer electronics company, with a particular focus on the development and manufacture of competitively-priced liquid crystal display (LCD) products, including high-definition TVs (HDTV) and computer monitors. Shiming's manufacturing plant is located in the Changxin High and New Technology Industrial Garden in Shenzhen, China. For several years Shiming has been involved in the research and development of consumer electronics products and technologies such as LCD, plasma displays, and household electronics.
Shiming was originally formed in 1999 as Shaanxi Shiming Science & Technology Joint Stock Company Ltd., under the laws of the PRC. In 2004, we formed the Operating Company as a parent holding corporation by the name of Shiming (Cayman) Ltd., a limited liability company incorporated under the laws of the Cayman Islands, which currently owns 100% of the outstanding capital stock of Shiming Management, which operates, controls and beneficially owns Shiming Technology. In November 2006, pursuant to the Exchange Agreement, the Operating Company became the wholly owned subsidiary of Argenta Systems, Inc. (OTCBB:AGTA).
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