MGCC Investment Strategies Inc. Changes Name and Symbol to Wonder Auto Technology, Inc.

JINZHOU CITY, China -- The entity formerly known as MGCC Investment Strategies Inc. (OTCBB:MGIS), today officially announced its name change to "Wonder Auto Technology, Inc." (the "Company") and corresponding OTC bulletin board ticker symbol change to "WATG" (OTCBB:WATG). The changes are effective immediately.

The Company's subsidiary Jinzhou Halla Electrical Equipment Co., Ltd. ("Halla") designs, develops, manufactures and sells automotive electrical parts and is the second largest seller of automotive alternators and starters in China.

Commented Quingjie Zhao, the Company's President and CEO, "Our name change to Wonder Auto Technology, Inc. reflects our focus on automotive technology in China and globally. Our recent acquisition of 50% of Jinshou Dong Woo Precision Co., a major designer and manufacturer of regulators and rectifiers for automotive alternators, and new $10 million credit facility agreement with the Bank of China, underline our ongoing investments in automotive technologies and the pivotal role they will play in the Company's future."

About Wonder Auto Technology, Inc.

Wonder Auto Technology, Inc., through its subsidiary, Jinzhou Halla Electrical Equipment Co., Ltd., designs, develops, manufactures and sells automotive electrical parts and is the second largest seller of automotive alternators and starters in China. The Company's products are suitable for various types of automobile. Most of its products are used in cars in the sedan category, especially cars with smaller engines with displacements below 1.6 liters. The Company's customers include Beijing Hyundai, Beijing Daimler Chrysler, SAIC GM WuLing, FAW Auto Group, Chery, Geely and Tianjin FAW XiaLi Automobile Co., as well as automotive engine suppliers such as Shenyang Aerospace Mitsubishi Motors Engine Manufacturing Co. The Company is a Nevada corporation with its manufacturing subsidiary Halla and its corporate headquarters located in Jinzhou City, Liaoning, China.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are based upon the current beliefs and expectations of the Company's management and are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in China, changing interpretations of generally accepted accounting principles; legislation or regulatory environments, requirements or changes adversely affecting the businesses in which the Company is engaged; fluctuations in customer demand; management of rapid growth; intensity of competition from other providers of auto components; timing approval and market acceptance of new product introduction; general economic conditions; geopolitical events and regulatory changes, as well as other relevant risks not included herein. The information set forth herein should be read in light of such risks. The Company does not assume any obligation to update the information contained in this press release.