China Auto Logistics to Perform Reverse Stock Split

China Auto Logistics CALI, one of China's leading developers of websites for buyers and sellers of imported and domestic automobiles, a top seller in China of imported luxury cars, and a leading provider of auto-related services, today announced that, as previously approved by stockholders at a Special Meeting of Stockholders held on September 4, 2012, it has filed a Certificate of Amendment to its Articles of Incorporation, as amended, to effect a 1-for-6 reverse stock split of its common stock that will become effective at the end of business today. As a result of the reverse stock split, every six (6) shares of the Company's issued and outstanding common stock have been combined into one (1) share of common stock, par value, $0.001 per share. Any