BENSALEM, Pa. -- (Business Wire)

Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of China XD Plastics Company Limited (“China XD Plastics” or the “Company”) (NASDAQ:CXDC). The investigation concerns possible violations of federal securities laws and focuses certain on statements issued by the Company concerning China XD Plastics’ financial performance.

China XD Plastics is a specialty chemical company engaged in the research, development, manufacture and sale of modified plastics products, primarily for fabrication of automobile parts and components, in the People’s Republic of China. The investigation is related to a July 10, 2014, report by Bleecker Street Research alleging that China XD Plastics' revenue and net income for fiscal years 2010 through 2012 claimed in its Chinese regulatory filings are materially smaller than in its filings with the Securities and Exchange Commission. The report also questions China XD Plastics’ gross margins relative to its competitors, and further alleges that the Company’s chief financial officer has been linked to financial fraud at another Chinese public company.

If you purchased China XD Plastics securities, if you have information or would like to learn more about these claims, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

Contacts:

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
(215) 638-4847
(888) 638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com

Source: Law Offices of Howard G. Smith