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Worldwide Manufacturing USA, Inc'

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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
2
Safe 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.

3
Company 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

4
Strategic 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

5
Corporate 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

6
Three-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

7
Market 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

8
Worldwide 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
9
Our 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

10
Product Applications
Instrumentation
Medical Equipment
Home Supply
Automotive
Worldwides Customer Base
Machinery
Aerospace
Solar Energy
Wireless Communications
11
Product 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)

12
Key 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
13
Operational 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

14
Financial History
15
Financial Forecast
16
Target 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

17
Peer Analysis
Figures from companies most recent 10K
filings Worldwide has a reverse split of 115 on
April 21, 2006
18
Key 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.

19
Contact 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
20
  • Q A
  • THANK YOU!
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