Unassociated Document
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF
FOREIGN ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16 OF
THE
SECURITIES EXCHANGE ACT OF 1934
For
the
month of July 2007
HIGHWAY
HOLDINGS LIMITED
(Translation
of Registrant's Name Into English)
Suite
810, Level 8
Landmark
North
39
Lung
Sum Avenue
Sheung
Shui
New
Territories, Hong Kong
(Address
of Principal Executive Offices)
(Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.)
Form
20-F x
Form
40-F
o
(Indicate
by check mark whether the registrant by furnishing the information contained
in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
Yes o
No
x
(If
"Yes"
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-_______________.)
Attached
to this Report on Form 6-K are the press releases issued by the registrant
on
July 23, 2007 and July 30, 2007.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
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HIGHWAY
HOLDINGS LIMITED
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Date:
July 31, 2007
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By
/s/ ROLAND W.
KOHL
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Roland W. Kohl
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Chief
Executive Officer
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HIGHWAY
HOLDINGS RECEIVES PREFERRED SUBCONTRACTOR AWARD FROM
BERGER
LAHR GMBH&CO., KG, A SCHNEIDER ELECTRIC SUBSIDIARY
HONG
KONG —July 23, 2007—
Highway
Holdings Limited (Nasdaq:HIHO) today announced it has received a preferred
subcontractor award from Berger
Lahr GmbH&Co., KG, a subsidiary of Schneider Electric SA,
for excellence in original equipment manufacturing of motors for motion
controllers, drives, compact drives, actuators and linear motion devices --
reaching a milestone production level of one million motors since the signing
of
a cooperative manufacturing agreement in July 2004.
Highway
Holdings won the award for outstanding performance as a subcontractor based
on
its quality, logistics and product support. Thorsten Nieter, purchasing director
of Berger Lahr, presented the award at an event in China marking the
manufacturing of the one-millionth motor.
“This
recognition by Berger Lahr underscores our commitment to the highest
manufacturing standards to produce
customized and sophisticated components, subassemblies and complete assemblies
with multi-production capabilities for large-scale global customers. Equally
important, this milestone event highlights our success and
the importance we place on maintaining and enhancing long-term OEM client
relationships,” said Roland Kohl, president and chief executive officer of
Highway Holdings.
“Highway
Holdings and Berger Lahr have created a state-of-the art motor manufacturing
plant in China, operating under our organization’s supervision. The quality and
production levels today validate the correctness of our initial decision three
years ago to partner with Highway Holdings and transfer technology and specific
expertise; and, we are optimistic that based on the current growth rate we
will
be able to reach the next milestone production level of 10 million motors in
the
near future,” said Norbert Gauß, chief executive officer of Berger
Lahr.
About
Berger Lahr
Berger
Lahr offers products, systems and complete solutions for positioning and
automation, supported by comprehensive consulting and engineering services
-
from the development stage through production and commissioning.
About
Highway Holdings
Highway
Holdings produces a wide variety of high-quality products for blue chip original
equipment manufacturers -- from simple parts and components to sub-assemblies.
It also manufactures finished products, such as light fixtures, LED lights,
radio chimes and other electronic products. Highway Holdings is headquartered
in
Hong Kong and operates four manufacturing facilities in the People's Republic
of
China.
Except
for the historical information contained herein, the matters discussed in this
press release are forward-looking statements which involve risks and
uncertainties, including but not limited to economic, competitive, governmental,
political and technological factors affecting the company's revenues,
operations, markets, products and prices, and other factors discussed in the
company’s various filings with the Securities and Exchange Commission, including
without limitation, the company’s annual reports on Form 20-F.
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Maier
& Company, Inc.
(310)
442-9852
HIGHWAY
HOLDINGS RECEIVES ADDITIONAL OEM BUSINESS FROM OSRAM
FOR
LIGHTING FIXTURE PRODUCTION
HONG
KONG - July
30, 2007 --
Highway
Holdings Limited (Nasdaq:HIHO) today announced an expansion of its existing
OEM
business from OSRAM GmbH,
a
subsidiary of Siemens AG (NYSE:SI), with the addition of orders for a product
line of batten fixtures for T8 fluorescent lights designed for the European
consumer market. OEM production has commenced.
The
company also said it received a tooling order from OSRAM for complete OEM
production for another lighting fixture product series. The new order for the
lighting fixture model and the subsequent products that will be produced
following the completion of tooling are expected to increase sales derived
from
OSRAM’s lighting fixture business by an estimated 50 percent annually.
Additional lighting fixture business is expected based on the company’s past
experience and OSRAM’s strategic focus on utilizing select and reliable vendor
relationships. Terms were not disclosed.
“This
new OEM contract is the result of management’s ongoing focus to leverage the
company’s expanding manufacturing capabilities to produce more sophisticated and
complete products for global customers. The relationship with OSRAM commenced
in
1992, and since its inception has developed into a very solid relationship,”
said Roland Kohl, president and chief executive officer.
He
noted that recent vendor evaluation reports for metal casing OEM production
for
OSRAM have
been good-to-outstanding, based on criteria such as business, technology,
logistics, quality and price. “Our relationships with multi-national customers
have developed over a period of many years -- predicated on the company’s solid
manufacturing performance and the establishment of mutual understanding and
respect. As a result, our revenue growth is expected to gain further momentum
based on these established relationships and the importance our clients place
on
service, manufacturing capabilities and capacity - qualities not easily
replicated,” Kohl added.
OSRAM
is one of the two leading lighting manufacturers in the world. Sales for the
year ended September 30, 2006 totalled 4.6 billion euros, 88 percent of which
came from outside Germany. OSRAM is a high-tech company in the lighting sector.
Around 40 percent of sales come from innovative products. This global player
employs around 40,000 people worldwide, supplies customers in some 150 countries
and has 49 production facilities in 18 countries.
Highway
Holdings Ltd.
2-2-2
About
Highway Holdings
Highway
Holdings produces a wide variety of high-quality products for blue chip original
equipment manufacturers -- from simple parts and components to sub-assemblies.
It also manufactures finished products, such as light fixtures, LED lights,
radio chimes and other electronic products. Highway Holdings is headquartered
in
Hong Kong and operates four manufacturing facilities in the People's Republic
of
China.
Except
for the historical information contained herein, the matters discussed in this
press release are forward-looking statements which involve risks and
uncertainties, including but not limited to economic, competitive, governmental,
political and technological factors affecting the company's revenues,
operations, markets, products and prices, and other factors discussed in the
company’s various filings with the Securities and Exchange Commission, including
without limitation, the company’s annual reports on Form 20-F.
#
#
#