Title: Worldwide Manufacturing USA, Inc'
1- Worldwide Manufacturing USA, Inc.
1142 Cherry Avenue San Bruno, CA 94066 Phone
650-794-9888 Fax 650-794-9878
OTC BB WWMU
www.wwmusa.com
2Safe Harbor Statement
- In making an investment decision, investors must
rely on their own - examination of the person or entity creating the
securities and the terms of the - offering, including the merits and risks
involved. The securities offered hereby - have not been recommended by any federal or state
securities commission or - regulatory authority. Furthermore, the foregoing
authorities have not confirmed - the accuracy or determined the adequacy of this
document. Any - representation to the contrary is a criminal
offense. The securities offered - hereby are subject to restrictions on
transferability and resale and may not be - transferred or resold except as permitted under
the Securities Act of 1933, as - amended, and the applicable state securities
laws, pursuant to registration or - exemption therefore. Investors should be aware
that they will be required to - bear the financial risks of this investment for
an indefinite period of time.
3Company Overview
- WORLDWIDE STRUCTURE
- Worldwide Headquarter in San Bruno, California
- Quality Control Subsidiary with 33 Engineers in
Shanghai - Solar Division (AMERISOLAR PV Cell and Modules)
- Three Wholly Owned Factories in China
- ACHIEVEMENTS
- 1998-2006, average annual growth rates of revenue
and profit exceed 30 - Have certified as preferred or qualified vendor
by 7 Fortune 500 Customers - Going public in June of 2004
- Having acquired or established three factories in
China since 2005 - Having established Solar Division focusing on
solar module technology
4Strategic Direction
- Modify incentive compensation package with our
sales team to explore much larger business volume
with our low cost and high quality advantage
among our existing customers - GE, Danaher, Tyco, Smith Industries, Andrew and
Flextronix - Further vertical integration through acquisitions
or establishment of factories in China - Capitalize on solar PV opportunity
- Develop and enhance our photovoltaic modules
technology to provide the most reliable, clean
and affordable solar energy in the market. - Develop patented technology product Tongyi
Translator
5Corporate History
- Sept, 1993Worldwide Manufacturing USA, Inc. was
founded - May, 1996First wholly owned China subsidiary,
Shanghai Intech Electro-Mechanical - Products was established in
Shanghai, China - June, 1996Certified as the Approved Vendor by
Danaher Corporation, Worldwides - first FORTUNE 500 customer.
- Jan, 1997 Certified as the Approved Vendor by
Tyco Electronics, Worldwides - second FORTUNE 500 customer.
- Feb, 1998-- Certified as the Approved Vendor by
Flextronics, Worldwides - third FORTUNE 500 customer.
- August, 1999-- Certified as the Approved Vendor
by Andrew Corporation, Worldwides - fourth FORTUNE 500
customer. - June, 2000-- Certified as the Approved Vendor by
Smith Industries, Worldwides - fifth FORTUNE 500 customer.
- August, 2002-- Certified as the Approved Vendor
by General Electric, Worldwides - sixth FORTUNE 500
customer. - June, 2004Went public as an OCT.BB company
- August, 2005Established a wholly owned
electronics factory in Shanghai - Dec, 2005Acquired Intech Precision Mechanical
Products Manufacturing Company - Jan, 2008--Established a Solar Modules Division
that focuses on solar module technology
6Three-Year Strategic Plan
- Our Business Expansion Goal
- Acquire or establish at least one vendor factory
each year for one of our manufacturing product
line. - Acquire Tomii International Inc., a technology
company with patent for its translator between
English and Chinese in 2008. - Acquire one of our existing photovoltaic module
vendors in China in 2009 - 35 million sales in 2008
- 50 million sales in 2009
- 60 million sales in 2010
7Market Snapshot
- TICKER WWMU
- RATING BUY
- FISCAL YEAR DECEMBER
- SECTOR MISC. CAPITAL GOODS
- RECENT PRICE 9.60
- TARGET PRICE 15.00
- MARKET CAP 19.6M
- 52-WEEK HIGH 10.00
- 52-WEEK LOW 2.05
- PRICE/EARNINGS (TTM) 21.2x
- PRICE/BOOK 3.24x
- PRICE/SALES (TTM) 1.7x
- BOOK VALUE PER SHARE 1.68
- OPERATING MARGIN (MRQ) 8.5
- AVG DAILY VOL (3 MOS) 2,241
- SHARES OUTSTANDING 2.04M
- FLOAT 336,400
- INSIDER OWNERSHIP 84
8Worldwide Manufacturing ----Organization Chart
Jimmy Wang Board Chairman CEO
Chief Financial Officer Investment
Relations Acquisition Group
President of Solar Division
VP Finance
President
General Manager Of New Product Development Divisio
n
Worldwide Headquarter Manufacturing Operation
China Operation
9Our Advantage
- Worldwide has the ability to Produce a
- Broad Variety of High-Quality Products and
- Components at a Lower Cost and provide a Customer
Service Center in the United States
10Product Applications
Instrumentation
Medical Equipment
Home Supply
Automotive
Worldwides Customer Base
Machinery
Aerospace
Solar Energy
Wireless Communications
11Product Lines
- Solar Modules
- Photovoltaic Cells and Modules
- Foundry Manufacturing of
- Die Casting components, plastic injection
components - Investment casting components, sand casting
components - Forged components
- Electronics
- PC board fabrication manufacturing
- PC board assembly
- Wire harness cable assembly
- Coil winding assembly
- Machining and Stamping Manufacturing of
- Machining
- Stamping
- Extrusion
- Fiber Optic Components
- Fiber optic components manufacturing with
multi-capabilities (i.e. DWDM, attenuator,
coupler and switches)
12Key Features of Our Solar Module Technology
- High transmittance- low-iron 3mm toughened glass
- Light anodized aluminum frame
- Each of the modules silicon cells is inspected
and power matched to ensure consistent
performance between modules - Every module is tested utilizing a calibrated
solar simulator to ensure minimum labeled
electrical ratings for power, voltage and current
Dimensions (mm)
Weight (Kg)
Optimum Power (w)
Operating Voltage (v)
Monocrystalline silicon cell
1580 x 808 x 45 15 160 185 36 38 1494 x
1000 x 45 18 190 225 27 28
Polycrystalline silicon cell
1580 x 808 x 45 15 155 175 35 37 1494
x 1000 x 45 18 185 205 26 28
13Operational Summary
- Effective quality control system through Shanghai
subsidiary where 33 quality engineers are
employed - Quality engineers perform Engineering
Modification, Quality Control and Delivery
Control - Rejection Rate from 2000 to 2007 Under 2
- Industry Average from 2000 to 2007 10
- On Time Delivery Rate from 2000 to 2007 95
- Industry Average from 2000 to 2007 80
- Quality Standards certified by our factories and
its associated vendors ISO9001(2), ISO14000,
QS9000, MIL-Std-45208, Mil-A 8625, Mil-C-13924C,
Mil-L- 8937D, QQ-P-35C, DOD-P-16232-F, ASTM-B633,
TS-16949 - Newly developed solar module technology
AMERISOLAR has been accepted by the Worlds
major solar panel manufacturers and the products
under this brand will have a big potential market
14Financial History
15Financial Forecast
16Target Markets
- Manufacturing
- - Our 100 existing U.S. customers buy 60 billion
products that we have the capability to produce
or to source in China - - Our acquired factories in China have customers
in China where the consumption power of durable
consumer items increased 26 annually for the
past three years (Statistics from Commerce
Ministry of China) - Solar Products
- Provide solar modules to solar panel
manufacturers for clean, reliable and affordable
solar energy - By 2014, solar system price will be same as that
of conventional electricity free of governmental
subsidies according to Deutsche bank. The solar
market will then be exploded considering its
environment protection feature
17Peer Analysis
Figures from companies most recent 10K
filings Worldwide has a reverse split of 115 on
April 21, 2006
18Key Investment Considerations
- Proven and Consistent History of Revenue and
Profit Growth - The company has achieved eight consecutive years
of revenue and profit growth. Through a
combination of acquisitions, organic growth and
solar module technology development, management
is anticipating exponential growth over the next
two to three years. - Proven expertise in quality control for
China-based manufacturing. - The companys unique strength and competitive
advantage is its ability to maintain strict
quality control of foundry, mechanical,
electronic and fiber optic products and
components for its customers that require low
cost China based production. - Profit Expansion through Vertical Integration.
- Worldwide Manufacturing is transitioning itself
from a value-added middle-man to a full-scale
contract manufacturer with directly owned
production facilities in the Peoples Republic of
China. - Growth through Acquisitions at Favorable Prices.
- With well developed relationships in China,
management has the ability and opportunity to
expand the companys scale and scope through
selective acquisitions of factories and business
units in China.
19Contact Information
Worldwide Manufacturing USA Inc. 1142 Cherry
Avenue San Bruno, California 94066
OTC BB WWMU
- Corporate
- Jimmy Wang, President
- (650) 794-9888, Ext. 221
- jimmywang_at_wwmusa.com
-
- Investor Relations
- RedChip Companies, Inc
- Jon Cunningham
- (407) 644-4256, Ext. 107
- jon_at_redchip.com
Audit Child, Sullivan Company Mr. Marty Van
Wagoner (801) 281-4700 Legal Jehu
Hand 24351 Pasto Road Suite B Dana Point
California 92629 (949) 489-2400
www.wwmusa.com
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