Lentuo International States that its Policy is Not to Comment on Unusual Market Activity
BEIJING, April 26, 2013 /PRNewswire/ -- Lentuo International Inc. (NYSE: LAS) ("Lentuo" or the "Company") is a leading non-state-owned automobile retailer headquartered in Beijing.
In view of the unusual market activity in the Company's ADS on Friday April 26, 2013, the New York Stock Exchange contacted the Company in accordance with its usual practice. The Company stated that its policy is not to comment on unusual market activity.
About Lentuo International Inc.
Lentuo is a leading non-state-owned automobile retailer headquartered in Beijing. Lentuo operates 11 franchise dealerships, 10 automobile showrooms, one automobile repair shop, and one car leasing company.
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "going forward," "outlook" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
For more information, please contact:
Ms. Jennifer Chen
Lentuo International Inc.
Mr. Christian Arnell
Telephone +86 10 5826 4939 in Beijing
Ms. Linda Bergkamp
Phone: +1-480-614-3004 (U.S.A.)
SOURCE Lentuo International Inc.