To Incentivize Key Employees to Target a 31% CAGR of Growth in Pro Forma
Net Income from 2009 to 2011

JINZHOU CITY, China, Nov. 30 /PRNewswire-Asia-FirstCall/ -- Wonder Auto
Technology, Inc. (Nasdaq: WATG) ("Wonder Auto" or the "Company"), a leading
manufacturer of automotive electric parts, suspension products and engine
components in China, today announced that the compensation committee of the
board of directors of the Company has approved an employee stock option award.

As part of the Company's 2008 Employee Incentive Plan (the "Plan"), the
Company's compensation committee has approved the grant of 1,674,400 stock
options, approximately 5% of total shares outstanding, to approximately 109
eligible key employees and directors which will vest over 3 years upon
achievement of certain targeted annual pro forma net income thresholds of US$23
million for 2009, US$34.5 million for 2010 and US$42.3 million for 2011.
One-third of the options will vest each year upon achievement of the respective
targeted pro forma net income threshold. As approved by the compensation
committee, the targeted pro forma net income equals the after-tax net income as
reported in the Company's Annual Report on Form 10-K plus any non-cash expenses,
including, but not limited to, non-cash compensation expenses resulting from any
grant of option award under the Plan, foreign exchange loss resulting from loans
denominated in foreign currency and redemption accretion on convertible notes
(if any). The awards allow for 5% deviation from the respective pro forma net
income threshold. The options have a strike price of $11.48 per share and will
terminate at the last business day of the 15th months after the respective
vesting date.

Mr. Qingjie Zhao, Chief Executive Officer of Wonder Auto, commented, "This
incentive plan will inject great enthusiasm into the management team and key
employees throughout the Wonder Auto organization to reach our goal of achieving
a compound annual growth rate of approximately 31% in pro forma net income from
2009 to 2011."

About Wonder Auto

Based in Jinzhou City, Liaoning, China, Wonder Auto Technology, Inc., through
its Chinese subsidiaries, designs, develops, manufactures and sells automotive
electrical parts, suspension products and engine components. Wonder Auto ranked
second and third in sales revenue in the Chinese market for automobile
alternators and starters in 2008, respectively. Wonder Auto's products are used
in a wide range of passenger and commercial automobiles with special focus on
the fast-growing small- to medium-engine passenger vehicle market. For more
information, please log on http://www.watg.cn .

Safe Harbor Statement

This press release may include certain statements that are not descriptions of
historical facts, but are forward-looking statements. Such statements include,
among others, those concerning our expected pro forma net income growth, as well
as all assumptions, expectations, predictions, intentions or beliefs about
future events. Forward-looking statements can be identified by the use of
forward-looking terminology such as "will," "believe," "expect," "may,"
"should," "potential," "continue," "anticipate," "future," "intend," "plan,"
"believe," "is/are likely to," "estimate" or similar expressions. Such
information is based upon assumptions and expectations of our management that
were reasonable when made but may prove to be incorrect. All of such assumptions
and expectations are inherently subject to uncertainties and contingencies
beyond our control and based upon premises with respect to future business
decisions, which are subject to change. We do not undertake to update the
forward-looking statements contained in this press release, except as required
under applicable law. For a description of the risks and uncertainties that may
cause actual results to differ from the forward-looking statements contained in
this press release, see our most recent Annual Report on Form 10-K filed with
the Securities and Exchange Commission ("SEC"), and our subsequent SEC filings.
Copies of filings made with the SEC are available through the SEC's electronic
data gathering analysis retrieval system at http://www.sec.gov . All information
provided in this press release and in the attachments is as of the date of this
press release.


    For more information, please contact:

     Patrick Sun
     Investor Relations Manager
     Tel:   +86-10-8478-5339
     Cell:  +86-153-1161-1742
     Email: ir@watg.cn

SOURCE Wonder Auto Technology, Inc.