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POINT ROBERTS, Wash., Delta B.C., April 28, 2009 - www.InvestorIdeas.com, a global online investor financial destination, specialized in sector investing recently added the Investorideas.com Sector Close-Up RSS feed, featuring sector market content in biotech, tech, defense, water, China stocks, India stocks and renewable energy.
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Biotech Stocks Sector Close-Up, Biotech Stocks Swing with Swine Flu-
NVAX, BCRX, PURE Surge
Full article -http://www.investorideas.com/News/042709e.asp
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
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Showing posts with label China stocks. Show all posts
Showing posts with label China stocks. Show all posts
Monday, April 27, 2009
Thursday, April 23, 2009
Investor Ideas Stock Directories in Leading Sectors Including, Renewable Energy Stocks, Biotech Stocks, Defense Stocks, China Stocks, Tech Stocks, Gam
Investor Ideas Stock Directories in Leading Sectors Including, Renewable Energy Stocks, Biotech Stocks, Defense Stocks, China Stocks, Tech Stocks, Gaming Stocks
What makes our stock directories unique? Directories Include Micro-cap OTC stocks, NASDAQ, NYSE stocks as well as public companies on global stock exchanges
POINT ROBERTS, Wash., Delta B.C., April 24, 2009 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, water and Homeland Security, provides research tools and stock directories in leading sectors for investors following small micro- cap stocks to NYSE listed companies, to public companies on foreign stocks exchanges.
From China stocks to renewable energy to gaming and tech, the stock directories provide investors with an initial starting point of due diligence for each sector. To meet the full range of investor needs and preferences, the directories include stocks listed on the TSX, OTCBB, NASDAQ, NYSE and global exchanges.
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering leading industry sectors and global markets including China, India, Middle East and Australia.
Investor Ideas research tools empower independent investors to facilitate their own research. The
Stock directories are also a useful tool for brokers, institutions and funds in the relative sectors.
To review the full list of stock directories for investors : Water Stocks, Renewable Energy and Green Stocks, Energy Stocks, Oilsands Stocks, Mining Stocks, Homeland Defense Stocks, Nanotech Stocks, Biotech Stocks, RFID Stocks, Music Stocks, Homebuilder Stocks, Digital Media and more:
http://www.investorideas.com/dirs/stocklist.asp
Investorideas.com membership gives additional full login access to the Water Stocks Directory, Renewable Energy Stocks Directory , Biotech Stocks Directory and Defense Stocks Directory .
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Members only Restricted Content including the Insiders Corner,
Renewable Energy Stocks Directory, Water Stocks Directory,
Biotech Stocks Directory, Defense Stocks Directory and more coming soon!
Learn more: - click here
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
What makes our stock directories unique? Directories Include Micro-cap OTC stocks, NASDAQ, NYSE stocks as well as public companies on global stock exchanges
POINT ROBERTS, Wash., Delta B.C., April 24, 2009 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, water and Homeland Security, provides research tools and stock directories in leading sectors for investors following small micro- cap stocks to NYSE listed companies, to public companies on foreign stocks exchanges.
From China stocks to renewable energy to gaming and tech, the stock directories provide investors with an initial starting point of due diligence for each sector. To meet the full range of investor needs and preferences, the directories include stocks listed on the TSX, OTCBB, NASDAQ, NYSE and global exchanges.
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering leading industry sectors and global markets including China, India, Middle East and Australia.
Investor Ideas research tools empower independent investors to facilitate their own research. The
Stock directories are also a useful tool for brokers, institutions and funds in the relative sectors.
To review the full list of stock directories for investors : Water Stocks, Renewable Energy and Green Stocks, Energy Stocks, Oilsands Stocks, Mining Stocks, Homeland Defense Stocks, Nanotech Stocks, Biotech Stocks, RFID Stocks, Music Stocks, Homebuilder Stocks, Digital Media and more:
http://www.investorideas.com/dirs/stocklist.asp
Investorideas.com membership gives additional full login access to the Water Stocks Directory, Renewable Energy Stocks Directory , Biotech Stocks Directory and Defense Stocks Directory .
Become an Investorideas.com Member
Become an InvestorIdeas.com member: http://www.investorideas.com/membership/
Members only Restricted Content including the Insiders Corner,
Renewable Energy Stocks Directory, Water Stocks Directory,
Biotech Stocks Directory, Defense Stocks Directory and more coming soon!
Learn more: - click here
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Monday, November 17, 2008
China News of the day: OMNIALUO REVENUE UP 87% AND NET INCOME UP 100% FOR THIRD QUARTER 2008
China News of the day:
OMNIALUO REVENUE UP 87% AND NET INCOME UP 100% FOR THIRD QUARTER 2008
Quarter Ended September 30, 2008:
- Revenue up 87% to $5.0 million
- Net income up 100% to $1.2 million
- EPS up 25% to $0.05
Nine Months Ended September 30, 2008:
- Revenue up 116% to $11.3 million
- Net income up 118% to $2.4 million
- EPS up 56% to $0.11
Shenzhen, China - November 17, 2008 - OmniaLuo, Inc. ("OmniaLuo" or the "Company") (OTC BB: OLOU), a China-based company engaged in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO, announced record operating results for the quarter and nine months ended September 30, 2008.
OmniaLuo reported record revenue of approximately $5.0 million for the quarter ended September 30, 2008, compared to approximately $2.7 million for the quarter ended September 30, 2007 - an 87% increase. For the nine months ended September 30, 2008, OmniaLuo reported record revenue of approximately $11.3 million, compared to approximately $5.2 million for the nine months ended September 30, 2007 - a 116% increase. The substantial increase in revenue was primarily attributable to the increase in the number of independent distributors and stores, as well as the increase in sales by existing independent distributors and stores.
Revenue from sales to independent distributors for the quarter ended September 30, 2008 was approximately $3.4 million (67% of total sales revenue for the period), compared to approximately $2.1 million for the quarter ended September 30, 2007 - a 62% increase. Revenue from sales to independent distributors for the nine months ended September 30, 2008 was approximately $ 7.6 million (67% of total sales revenue for the period), compared to approximately $4.1 million for the nine months ended September 30, 2007 - an 84% increase. The increase in revenue from independent distributors was attributable to the increase in the number of independent distributor stores from 114 stores as of September 30, 2007 to 163 stores as of September 30, 2008, as well as an increase in sales by existing independent distributor stores.
Revenue from sales from Company-owned and co-owned stores for the quarter ended September 30, 2008 was approximately $1.6 million (33% of total sales revenue for the period), compared to approximately $0.6 million for the quarter ended September 30, 2007 - a 173% increase. Revenue from sales from Company-owned and co-owned stores for the nine months ended September 30, 2008 was approximately $3.7 million (33% of total sales revenue for the period), compared to approximately $1.1 million for the nine months ended September 30, 2007 - a 239% increase. The increase in revenue from Company-owned and co-owned stores reflected the increase in the number of Company-owned and co-owned stores from 49 such stores as of September 30, 2007 to 79 such stores as of September 30, 2008.
OmniaLuo reported overall gross profit for the quarter ended September 30, 2008 of approximately $2.8 million, compared to approximately $1.3 million for the quarter ended September 30, 2007 - a 114% increase. Overall gross profit for the nine months ended September 30, 2008 was approximately $6.5 million, compared to $2.8 million for the nine months ended September 30, 2007 - a 134% increase.
The Company also reported overall gross profit margin for the quarter ended September 30, 2008 of approximately 56%, compared to approximately 49% for the quarter ended September 30, 2007. Gross profit margin for the nine months ended September 30, 2008 was 57%, compared to 53% for the nine months ended September 30, 2007.
OmniaLuo reported net income of approximately $ 1.2 million for the quarter ended September 30, 2008, compared to net income of approximately $0.6 million for the quarter ended September 30, 2007 - a 100% increase. The Company reported net income of approximately $2.4 million for the nine months ended September 30, 2008, compared to approximately $1.1 million for the nine months ended September 30, 2007 - a 118% increase.
Based on the weighted average number of shares outstanding of 22,840,000 as of September 30, 2008, OmniaLuo had net income of approximately $0.05 per share for the quarter ended September 30, 2008, as compared to net income of approximately $0.04 per share for the quarter ended September 30, 2007. OmniaLuo reported net income of approximately $0.11 per share for the nine months ended September 30, 2008, as compared to $0.07 for the nine months ended September 30, 2007 - 56% increase.
As of September 30, 2008, a total of 28,544,752 shares of common stock were issued and outstanding on a fully diluted basis included: 1) 22,840,000 issued and outstanding shares, 2) 4,920,000 shares issuable upon exercise of private placement investor warrants, 3) 492,000 shares issuable upon exercise of placement agent warrants and 4) 292,752 shares issuable upon exercise of venture capital investor warrants.
Earnings Conference Call
OmniaLuo will host a conference call on Tuesday, November 18, 2008 to review third quarter 2008 financial results. The conference call is scheduled for 9:00 a.m. Eastern Time. To participate in the call, please dial:
- U.S. and Canada: 1 (866) 393-5677
- International: 1 (706) 902-1860
- Conference ID: 21399855
A replay of the call will be available two hours after completion of the call. You will be able to access it at any time through the OmniaLuo Website at ir.omnialuo.com, or by phone until December 17, 2008. To access the replay by phone, please dial:
- U.S. and Canada: 1 (800) 633-8625
- International : 1 (402) 977- 9141
- Conference ID: 21399855
To be added to the OmniaLuo, Inc. investor email list, please email pamela.solly@cirrusfc.com with OLOU in the subject line.
About OmniaLuo, Inc.
OmniaLuo, Inc. (ir.omnialuo.com), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. With its rapid and strategic expansion plan, OMNIALUO plans to increase its retail presence to more than 250 retail stores and distributor relationships by year end 2008. Under the leadership of Cindy Luo, the Company's founder and award winning chief designer, OMNIALUO is positioned to become the Chinese brand equivalent of Ralph Lauren, Vera Wang and Anna Sui.
OmniaLuo Investor Resources
Women's Wear Daily Article: Click Here
Fact Sheet: Click Here
Presentation: Click Here
Video: Click Here
Contact:
Cirrus Financial Communications, LLC
Pamela Solly
Phone: 1 (877) 880-OLOU (6568)
Pamela.Solly@cirrusfc.com
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our d ependency on our chief executive officer, principal stockholder and chief designer, our sensitivity to economic conditions and consumer spending in China, competition in our industry, our ability to effectively manage our growth, our ability to raise capital in the future, changes in China's economic or political situation, and other factors set forth in our Annual Report on Form 10-KSB filed with the United States Securities and Exchange Commission or otherwise set forth from time to time in our other public filings. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.
# # #
Condensed Consolidated Statements of Income and Comprehensive Income
For the three and nine months ended September 30, 2008 and 2007
(Stated in US Dollars)
Three months ended September 30, (Unaudited) Nine months ended
September 30, (Unaudited)
2008 2007 2008 2007
Revenues $4,993,937 $2,670,327 $11,275,040 $5,213,278
Cost of revenues (2,180,121 ) (1,356,930 ) (4,805,199 ) (2,452,774 )
Gross profit 2,813,816 1,313,397 6,469,841 2,760,504
Expenses
General and administrative expenses 755,200 358,893 2,180,486 989,857
Depreciation 74,571 36,808 182,314 81,800
Selling and marketing expenses 810,050 259,496 1,715,136 521,550
1,639,821 655,197 4,077,936 1,593,207
Income from operations 1,173,995 658,200 2,391,905 1,167,297
Interest income 1,911 862 12,442 1,842
Other income 7,803 5,887 22,659 21,476
Finance costs (814 ) (5,640 ) (16,558 ) (11,110 )
Net income before preferred dividend 1,182,895 659,309 2,410,448 1,179,505
Preferred dividend - (10,950 ) - (31,025 )
Net income applicable to ordinary shareholders
$1,182,8 95
$648,359
$2,410,448
$1,148,480
Other comprehensive income
- Foreign currency translation adjustments 27,809 32,750 531,966 67,104
Comprehensive income $1,210,704 $681,109 $2,942,414 $1,215,584
Earnings per ordinary share
- Basic $0.05 $0.04 $0.11 $0.07
- Diluted $0.05 $0.04 $0.11 $0.07
Weighted average number of shares
outstanding
- Basic 22,840,000 16,800,000 22,840,000 16,800,000
- Diluted 22,841,927 16,800,000 22,879,456 16,800,000
OmniaLuo, Inc.
Condensed Consolidated Balance Sheets
As of September 30, 2008 and December 31, 2007
(Stated in US Dollars)
As of As of
September 30, December 31,
2008 2007
(Unaudited) (Audited)
ASSETS
Current assets
Cash and cash equivalents $2,011,378 $3,083,715
Trade receivables (net of allowance for doubtful accounts
of $13,138 for 2008 and $8,313 for 2007) 3,212,848 1,573,644
Inventories 5,669,161 2,602,653
Deposits 2,907,272 1,995,229
Total current assets 13,800,659 9,255,241
Property and equipment, net 911,630 724,681
TOTAL ASSETS $14,712,289 $9,979,922
LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES
Current liabilities
Trade payables $875,303 $281,027
Other payables, deposits received and accrued expenses 2,570,809 1,368,890
Loans from stockholders 8,052 14,294
Total current liabilities 3,454,164 1,664,211
TOTAL LIABILITIES 3,454,164 1,664,211
COMMITMENTS
STOCKHOLDERS' EQUITY
Common stock : par value $0.01 per share
Authorized 40,000,000 shares; issued and
outstanding 22,840,000 shares for 2008 and 2007 228,400 228,400
Preferred stock : p ar value $0.01 per share
Authorized 10,000,000 shares; none issued and
outstanding for 2008 and 2007 - -
Additional paid-in capital 8,479,390 8,479,390
Statutory reserve 587,524 261,948
Accumulated other comprehensive income 828,688 296,722
Retained earnings (accumulated deficit) 1,134,123 (950,749 )
TOTAL STOCKHOLDERS' EQUITY 11,258,125 8,315,711
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $14,712,289 $9,979,922
InvestorIdeas.com Disclaimer: Issuers of press releases are solely responsible for the accuracy of the content.
OMNIALUO REVENUE UP 87% AND NET INCOME UP 100% FOR THIRD QUARTER 2008
Quarter Ended September 30, 2008:
- Revenue up 87% to $5.0 million
- Net income up 100% to $1.2 million
- EPS up 25% to $0.05
Nine Months Ended September 30, 2008:
- Revenue up 116% to $11.3 million
- Net income up 118% to $2.4 million
- EPS up 56% to $0.11
Shenzhen, China - November 17, 2008 - OmniaLuo, Inc. ("OmniaLuo" or the "Company") (OTC BB: OLOU), a China-based company engaged in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO, announced record operating results for the quarter and nine months ended September 30, 2008.
OmniaLuo reported record revenue of approximately $5.0 million for the quarter ended September 30, 2008, compared to approximately $2.7 million for the quarter ended September 30, 2007 - an 87% increase. For the nine months ended September 30, 2008, OmniaLuo reported record revenue of approximately $11.3 million, compared to approximately $5.2 million for the nine months ended September 30, 2007 - a 116% increase. The substantial increase in revenue was primarily attributable to the increase in the number of independent distributors and stores, as well as the increase in sales by existing independent distributors and stores.
Revenue from sales to independent distributors for the quarter ended September 30, 2008 was approximately $3.4 million (67% of total sales revenue for the period), compared to approximately $2.1 million for the quarter ended September 30, 2007 - a 62% increase. Revenue from sales to independent distributors for the nine months ended September 30, 2008 was approximately $ 7.6 million (67% of total sales revenue for the period), compared to approximately $4.1 million for the nine months ended September 30, 2007 - an 84% increase. The increase in revenue from independent distributors was attributable to the increase in the number of independent distributor stores from 114 stores as of September 30, 2007 to 163 stores as of September 30, 2008, as well as an increase in sales by existing independent distributor stores.
Revenue from sales from Company-owned and co-owned stores for the quarter ended September 30, 2008 was approximately $1.6 million (33% of total sales revenue for the period), compared to approximately $0.6 million for the quarter ended September 30, 2007 - a 173% increase. Revenue from sales from Company-owned and co-owned stores for the nine months ended September 30, 2008 was approximately $3.7 million (33% of total sales revenue for the period), compared to approximately $1.1 million for the nine months ended September 30, 2007 - a 239% increase. The increase in revenue from Company-owned and co-owned stores reflected the increase in the number of Company-owned and co-owned stores from 49 such stores as of September 30, 2007 to 79 such stores as of September 30, 2008.
OmniaLuo reported overall gross profit for the quarter ended September 30, 2008 of approximately $2.8 million, compared to approximately $1.3 million for the quarter ended September 30, 2007 - a 114% increase. Overall gross profit for the nine months ended September 30, 2008 was approximately $6.5 million, compared to $2.8 million for the nine months ended September 30, 2007 - a 134% increase.
The Company also reported overall gross profit margin for the quarter ended September 30, 2008 of approximately 56%, compared to approximately 49% for the quarter ended September 30, 2007. Gross profit margin for the nine months ended September 30, 2008 was 57%, compared to 53% for the nine months ended September 30, 2007.
OmniaLuo reported net income of approximately $ 1.2 million for the quarter ended September 30, 2008, compared to net income of approximately $0.6 million for the quarter ended September 30, 2007 - a 100% increase. The Company reported net income of approximately $2.4 million for the nine months ended September 30, 2008, compared to approximately $1.1 million for the nine months ended September 30, 2007 - a 118% increase.
Based on the weighted average number of shares outstanding of 22,840,000 as of September 30, 2008, OmniaLuo had net income of approximately $0.05 per share for the quarter ended September 30, 2008, as compared to net income of approximately $0.04 per share for the quarter ended September 30, 2007. OmniaLuo reported net income of approximately $0.11 per share for the nine months ended September 30, 2008, as compared to $0.07 for the nine months ended September 30, 2007 - 56% increase.
As of September 30, 2008, a total of 28,544,752 shares of common stock were issued and outstanding on a fully diluted basis included: 1) 22,840,000 issued and outstanding shares, 2) 4,920,000 shares issuable upon exercise of private placement investor warrants, 3) 492,000 shares issuable upon exercise of placement agent warrants and 4) 292,752 shares issuable upon exercise of venture capital investor warrants.
Earnings Conference Call
OmniaLuo will host a conference call on Tuesday, November 18, 2008 to review third quarter 2008 financial results. The conference call is scheduled for 9:00 a.m. Eastern Time. To participate in the call, please dial:
- U.S. and Canada: 1 (866) 393-5677
- International: 1 (706) 902-1860
- Conference ID: 21399855
A replay of the call will be available two hours after completion of the call. You will be able to access it at any time through the OmniaLuo Website at ir.omnialuo.com, or by phone until December 17, 2008. To access the replay by phone, please dial:
- U.S. and Canada: 1 (800) 633-8625
- International : 1 (402) 977- 9141
- Conference ID: 21399855
To be added to the OmniaLuo, Inc. investor email list, please email pamela.solly@cirrusfc.com with OLOU in the subject line.
About OmniaLuo, Inc.
OmniaLuo, Inc. (ir.omnialuo.com), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. With its rapid and strategic expansion plan, OMNIALUO plans to increase its retail presence to more than 250 retail stores and distributor relationships by year end 2008. Under the leadership of Cindy Luo, the Company's founder and award winning chief designer, OMNIALUO is positioned to become the Chinese brand equivalent of Ralph Lauren, Vera Wang and Anna Sui.
OmniaLuo Investor Resources
Women's Wear Daily Article: Click Here
Fact Sheet: Click Here
Presentation: Click Here
Video: Click Here
Contact:
Cirrus Financial Communications, LLC
Pamela Solly
Phone: 1 (877) 880-OLOU (6568)
Pamela.Solly@cirrusfc.com
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our d ependency on our chief executive officer, principal stockholder and chief designer, our sensitivity to economic conditions and consumer spending in China, competition in our industry, our ability to effectively manage our growth, our ability to raise capital in the future, changes in China's economic or political situation, and other factors set forth in our Annual Report on Form 10-KSB filed with the United States Securities and Exchange Commission or otherwise set forth from time to time in our other public filings. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.
# # #
Condensed Consolidated Statements of Income and Comprehensive Income
For the three and nine months ended September 30, 2008 and 2007
(Stated in US Dollars)
Three months ended September 30, (Unaudited) Nine months ended
September 30, (Unaudited)
2008 2007 2008 2007
Revenues $4,993,937 $2,670,327 $11,275,040 $5,213,278
Cost of revenues (2,180,121 ) (1,356,930 ) (4,805,199 ) (2,452,774 )
Gross profit 2,813,816 1,313,397 6,469,841 2,760,504
Expenses
General and administrative expenses 755,200 358,893 2,180,486 989,857
Depreciation 74,571 36,808 182,314 81,800
Selling and marketing expenses 810,050 259,496 1,715,136 521,550
1,639,821 655,197 4,077,936 1,593,207
Income from operations 1,173,995 658,200 2,391,905 1,167,297
Interest income 1,911 862 12,442 1,842
Other income 7,803 5,887 22,659 21,476
Finance costs (814 ) (5,640 ) (16,558 ) (11,110 )
Net income before preferred dividend 1,182,895 659,309 2,410,448 1,179,505
Preferred dividend - (10,950 ) - (31,025 )
Net income applicable to ordinary shareholders
$1,182,8 95
$648,359
$2,410,448
$1,148,480
Other comprehensive income
- Foreign currency translation adjustments 27,809 32,750 531,966 67,104
Comprehensive income $1,210,704 $681,109 $2,942,414 $1,215,584
Earnings per ordinary share
- Basic $0.05 $0.04 $0.11 $0.07
- Diluted $0.05 $0.04 $0.11 $0.07
Weighted average number of shares
outstanding
- Basic 22,840,000 16,800,000 22,840,000 16,800,000
- Diluted 22,841,927 16,800,000 22,879,456 16,800,000
OmniaLuo, Inc.
Condensed Consolidated Balance Sheets
As of September 30, 2008 and December 31, 2007
(Stated in US Dollars)
As of As of
September 30, December 31,
2008 2007
(Unaudited) (Audited)
ASSETS
Current assets
Cash and cash equivalents $2,011,378 $3,083,715
Trade receivables (net of allowance for doubtful accounts
of $13,138 for 2008 and $8,313 for 2007) 3,212,848 1,573,644
Inventories 5,669,161 2,602,653
Deposits 2,907,272 1,995,229
Total current assets 13,800,659 9,255,241
Property and equipment, net 911,630 724,681
TOTAL ASSETS $14,712,289 $9,979,922
LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES
Current liabilities
Trade payables $875,303 $281,027
Other payables, deposits received and accrued expenses 2,570,809 1,368,890
Loans from stockholders 8,052 14,294
Total current liabilities 3,454,164 1,664,211
TOTAL LIABILITIES 3,454,164 1,664,211
COMMITMENTS
STOCKHOLDERS' EQUITY
Common stock : par value $0.01 per share
Authorized 40,000,000 shares; issued and
outstanding 22,840,000 shares for 2008 and 2007 228,400 228,400
Preferred stock : p ar value $0.01 per share
Authorized 10,000,000 shares; none issued and
outstanding for 2008 and 2007 - -
Additional paid-in capital 8,479,390 8,479,390
Statutory reserve 587,524 261,948
Accumulated other comprehensive income 828,688 296,722
Retained earnings (accumulated deficit) 1,134,123 (950,749 )
TOTAL STOCKHOLDERS' EQUITY 11,258,125 8,315,711
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $14,712,289 $9,979,922
InvestorIdeas.com Disclaimer: Issuers of press releases are solely responsible for the accuracy of the content.
Monday, March 31, 2008
Luxury Brand Growth in China; OmniaLuo, Inc., Coach Inc., BMW Group, Audi AG and the Swatch Group Ltd Brands Add to Social Status of Chinese Consumers
Luxury Brand Growth in China; OmniaLuo, Inc., Coach Inc., BMW Group, Audi AG and the Swatch Group Ltd Brands Add to Social Status of Chinese Consumers
China’s Growing Appetite for Luxury Brands on the Rise; China Poised to become Second Biggest Consumer of Luxury Goods by 2015
POINT ROBERTS, Wash., Delta B.C., March 31, 2008 - Coach Inc. (News, Market), BMW Group (News, Market) , Audi AG, the luxury carmaker owned by Volkswagen (News, Market, the Swatch Group Ltd (News, Market) and OmniaLuo, Inc. (OTCBB: OLOU http://ir.omnialuoinc.com ), are just a few of the brands that are succeeding based on understanding China’s consumer needs. Hyundai (News, Market) is refurbishing its brand image to a new luxury car to increase market share and appeal to the consumer’s desire for high-end brands.
China-AsiaStocks.com, an investor and industry portal China-Asia sector within Investorideas.com, reports on China’s growing appetite for luxury goods from fashion, to cars, to jewelry and how both China’s domestic and established well-known foreign brands are meeting the increasing demands. With a rising number of millionaires and a growing middle class, China is poised to become the second biggest consumer of luxury goods by 2015.
The fashion industry in China is changing rapidly, as Chinese consumers want to make purchases that reflect their new found success and social status.
China’s International Clothing and Accessories Fair “CHIC 2008,” held in Beijing March 28 - 31, 2008 is attracting some of the best in the fashion industry. OmniaLuo, Inc. (OTCBB: OLOU http://ir.omnialuoinc.com ), a domestic China-based company that designs, markets and distributes the luxury women's apparel brand “ OMNIALUO,” will be exhibiting at CHIC 2008 as part of it growth and expansion strategy.
As award-winning domestic brand designer, Cindy Luo, OmniaLuo Chairwoman and CEO feels she has her finger on the pulse of the new breed of luxury consumers in China, commenting,” We see many luxury brands including Dior (News, Market) and Luis Vutton entering the Chinese marketplace to expand market share, selling to Chinese consumers. Also, several foreign fashion brands have moved their production to China – so China is becoming an integral part of the high end fashion industry in all aspects. Our company understands the consumer, knows the competition and feels we can compete with well- known foreign luxury brands.”
Coach Inc. (News, Market), internationally desired for its luxury handbags and accessories, has ambitious plans for its line in China. According to Coach, “We expect Greater China, which includes Hong Kong, Taiwan, and mainland China to grow rapidly, achieving 10% of the global market by 2009. Therefore, we are focused on this opportunity, as we believe Greater China has the potential to become a third leg for Coach. Although we're still in the very early stages of our development in Greater China, we have made great progress and estimate our market share today at about 4%. At year end there were a total of 49 Coach locations in the region, including 15 in mainland China, 13 in Hong Kong, 1 recently opened in Macau, and 20 in Taiwan. “
Luxury car manufacturers are also gaining traction in China’s new economy. According to a study by BMW Group, “only 3.7 percent of the Chinese population, i.e. around 50 million people, earned enough money to buy a car in 2002. By 2010 this figure should increase to 13 percent.“
Swatch Group Ltd (News, Market) just reported net income for 2007 exceeded CHF1 billion for the first time as part of a continuing global market for luxury goods, particularly in China, with Europe and the United States also performing well. In December 2007, The Swatch Group Ltd. announced it increased its participation in Xinyu Hengdeli Holdings Ltd. from 7.25% to 8.09%. Xinyu Hengdeli Holdings Ltd. is the largest watch retail chain in China and is listed on the Hong Kong stock exchange.
As China builds dominance as both a manufacturer and a consumer of luxury goods, companies that know both sides of the market have a higher chance to succeed and grow market share. In terms of growth opportunities for luxury brands, it has only just begun.
To read full report: click here: http://www.investorideas.com/Articles/032608a.asp
About China- Asia Showcase Company, OmniaLuo, Inc. (OTCBB: OLOU):
OmniaLuo, Inc. (http://ir.omnialuoinc.com), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. With its rapid and strategic expansion plan, OMNIALUO plans to increase its retail presence across 32 of 34 provinces in China from its current 187 stores to 264 stores by year-end 2008. Under the leadership of Cindy Luo, the Company's founder and award winning chief designer, OMNIALUO is positioned to become the Chinese brand equivalent of Donna Karan or Liz Claiborne.
Investors can also visit the Company Showcase on Investorideas.com at:
http://www.investorideas.com/CO/olou/
The Company’s Media Presentation can be viewed at: http://www.investorideas.com/CO/OLOU/ss/default.asp
About InvestorIdeas.com, China-Asiastocks.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp. Our sites do not make recommendations, but offer information portals .Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: OmniaLuo, Inc compensates the site $4000USD per month as a showcase company.
For More Information Contact:
Dawn Van Zant 800-665-0411 Email: dvanzant@investorideas.com
Source: Investorideas.com, China-AsiaStocks.com, OmniaLuo, Inc
China’s Growing Appetite for Luxury Brands on the Rise; China Poised to become Second Biggest Consumer of Luxury Goods by 2015
POINT ROBERTS, Wash., Delta B.C., March 31, 2008 - Coach Inc. (News, Market), BMW Group (News, Market) , Audi AG, the luxury carmaker owned by Volkswagen (News, Market, the Swatch Group Ltd (News, Market) and OmniaLuo, Inc. (OTCBB: OLOU http://ir.omnialuoinc.com ), are just a few of the brands that are succeeding based on understanding China’s consumer needs. Hyundai (News, Market) is refurbishing its brand image to a new luxury car to increase market share and appeal to the consumer’s desire for high-end brands.
China-AsiaStocks.com, an investor and industry portal China-Asia sector within Investorideas.com, reports on China’s growing appetite for luxury goods from fashion, to cars, to jewelry and how both China’s domestic and established well-known foreign brands are meeting the increasing demands. With a rising number of millionaires and a growing middle class, China is poised to become the second biggest consumer of luxury goods by 2015.
The fashion industry in China is changing rapidly, as Chinese consumers want to make purchases that reflect their new found success and social status.
China’s International Clothing and Accessories Fair “CHIC 2008,” held in Beijing March 28 - 31, 2008 is attracting some of the best in the fashion industry. OmniaLuo, Inc. (OTCBB: OLOU http://ir.omnialuoinc.com ), a domestic China-based company that designs, markets and distributes the luxury women's apparel brand “ OMNIALUO,” will be exhibiting at CHIC 2008 as part of it growth and expansion strategy.
As award-winning domestic brand designer, Cindy Luo, OmniaLuo Chairwoman and CEO feels she has her finger on the pulse of the new breed of luxury consumers in China, commenting,” We see many luxury brands including Dior (News, Market) and Luis Vutton entering the Chinese marketplace to expand market share, selling to Chinese consumers. Also, several foreign fashion brands have moved their production to China – so China is becoming an integral part of the high end fashion industry in all aspects. Our company understands the consumer, knows the competition and feels we can compete with well- known foreign luxury brands.”
Coach Inc. (News, Market), internationally desired for its luxury handbags and accessories, has ambitious plans for its line in China. According to Coach, “We expect Greater China, which includes Hong Kong, Taiwan, and mainland China to grow rapidly, achieving 10% of the global market by 2009. Therefore, we are focused on this opportunity, as we believe Greater China has the potential to become a third leg for Coach. Although we're still in the very early stages of our development in Greater China, we have made great progress and estimate our market share today at about 4%. At year end there were a total of 49 Coach locations in the region, including 15 in mainland China, 13 in Hong Kong, 1 recently opened in Macau, and 20 in Taiwan. “
Luxury car manufacturers are also gaining traction in China’s new economy. According to a study by BMW Group, “only 3.7 percent of the Chinese population, i.e. around 50 million people, earned enough money to buy a car in 2002. By 2010 this figure should increase to 13 percent.“
Swatch Group Ltd (News, Market) just reported net income for 2007 exceeded CHF1 billion for the first time as part of a continuing global market for luxury goods, particularly in China, with Europe and the United States also performing well. In December 2007, The Swatch Group Ltd. announced it increased its participation in Xinyu Hengdeli Holdings Ltd. from 7.25% to 8.09%. Xinyu Hengdeli Holdings Ltd. is the largest watch retail chain in China and is listed on the Hong Kong stock exchange.
As China builds dominance as both a manufacturer and a consumer of luxury goods, companies that know both sides of the market have a higher chance to succeed and grow market share. In terms of growth opportunities for luxury brands, it has only just begun.
To read full report: click here: http://www.investorideas.com/Articles/032608a.asp
About China- Asia Showcase Company, OmniaLuo, Inc. (OTCBB: OLOU):
OmniaLuo, Inc. (http://ir.omnialuoinc.com), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. With its rapid and strategic expansion plan, OMNIALUO plans to increase its retail presence across 32 of 34 provinces in China from its current 187 stores to 264 stores by year-end 2008. Under the leadership of Cindy Luo, the Company's founder and award winning chief designer, OMNIALUO is positioned to become the Chinese brand equivalent of Donna Karan or Liz Claiborne.
Investors can also visit the Company Showcase on Investorideas.com at:
http://www.investorideas.com/CO/olou/
The Company’s Media Presentation can be viewed at: http://www.investorideas.com/CO/OLOU/ss/default.asp
About InvestorIdeas.com, China-Asiastocks.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp. Our sites do not make recommendations, but offer information portals .Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: OmniaLuo, Inc compensates the site $4000USD per month as a showcase company.
For More Information Contact:
Dawn Van Zant 800-665-0411 Email: dvanzant@investorideas.com
Source: Investorideas.com, China-AsiaStocks.com, OmniaLuo, Inc
Wednesday, March 19, 2008
OmniaLuo to Exhibit Summer Line at Largest Trade Show in China
OmniaLuo to Exhibit Summer Line at Largest Trade Show in China
SHENZHEN, CHINA--Mar 19, 2008 -- OmniaLuo, Inc. ("OmniaLuo" or the "Company") (OTC BB:OLOU.OB - News), a China-based company engaged in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO, announced today that it will attend the 16th annual China International Clothing and Accessories Fair ("CHIC 2008") in Beijing from March 28 - 31, 2008. CHIC 2008 is the largest international trade show in China and second largest in the world, attracting more than 120,000 visitors from around the globe. The Company will exhibit its new summer line, recruit new distributors and gain international exposure for the OMNIALUO brand."As part of our domestic expansion strategy, attendance at CHIC 2008 presents a tremendous opportunity for us to recruit prospective distributors and move closer to our goal of more than 250 retail stores," stated Cindy Luo, OmniaLuo Chairwoman and CEO. "We anticipate recruiting at least 10-15 new distributors, contributing up to 10% of total 2008 revenue," added Ms. Luo.
About OmniaLuo, Inc.
OmniaLuo, Inc. (http://omnil.client.shareholder.com/), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. With its rapid and strategic expansion plan, OMNIALUO plans to increase its retail presence throughout China from its current 187 stores to 264 stores by year end 2008. Under the leadership of Cindy Luo, the Company's founder and award winning chief designer, OMNIALUO is positioned to become the Chinese brand equivalent of Donna Karan or Liz Claiborne.
OmniaLuo, Inc. is a featured Company on China-AsiaStocks.com
For full details, click here: http://www.China-AsiaStocks.com/co/olou/ SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our dependency on our chief executive officer, principal stockholder and chief designer, our sensitivity to economic conditions and consumer spending in China, competition in our industry, our ability to effectively manage our growth, our ability to raise capital in the future, changes in China's economic or political situation, and other factors set forth in our Current Report on Form 8-K filed with the United States Securities and Exchange Commission in October 2007 or otherwise set forth from time to time in our other public filings. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.
Contact: Contact: After Market Support, LLC Vivien Yeh Phone: 1(877) 880-6568 (OLOU) vivien.yeh@aftermarketsupport.com
Source: OmniaLuo, Inc.
SHENZHEN, CHINA--Mar 19, 2008 -- OmniaLuo, Inc. ("OmniaLuo" or the "Company") (OTC BB:OLOU.OB - News), a China-based company engaged in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO, announced today that it will attend the 16th annual China International Clothing and Accessories Fair ("CHIC 2008") in Beijing from March 28 - 31, 2008. CHIC 2008 is the largest international trade show in China and second largest in the world, attracting more than 120,000 visitors from around the globe. The Company will exhibit its new summer line, recruit new distributors and gain international exposure for the OMNIALUO brand."As part of our domestic expansion strategy, attendance at CHIC 2008 presents a tremendous opportunity for us to recruit prospective distributors and move closer to our goal of more than 250 retail stores," stated Cindy Luo, OmniaLuo Chairwoman and CEO. "We anticipate recruiting at least 10-15 new distributors, contributing up to 10% of total 2008 revenue," added Ms. Luo.
About OmniaLuo, Inc.
OmniaLuo, Inc. (http://omnil.client.shareholder.com/), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. With its rapid and strategic expansion plan, OMNIALUO plans to increase its retail presence throughout China from its current 187 stores to 264 stores by year end 2008. Under the leadership of Cindy Luo, the Company's founder and award winning chief designer, OMNIALUO is positioned to become the Chinese brand equivalent of Donna Karan or Liz Claiborne.
OmniaLuo, Inc. is a featured Company on China-AsiaStocks.com
For full details, click here: http://www.China-AsiaStocks.com/co/olou/ SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our dependency on our chief executive officer, principal stockholder and chief designer, our sensitivity to economic conditions and consumer spending in China, competition in our industry, our ability to effectively manage our growth, our ability to raise capital in the future, changes in China's economic or political situation, and other factors set forth in our Current Report on Form 8-K filed with the United States Securities and Exchange Commission in October 2007 or otherwise set forth from time to time in our other public filings. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.
Contact: Contact: After Market Support, LLC Vivien Yeh Phone: 1(877) 880-6568 (OLOU) vivien.yeh@aftermarketsupport.com
Source: OmniaLuo, Inc.
Wednesday, March 12, 2008
OmniaLuo, Inc Gains Traction in China’s $25 Billion Women’s Luxury Apparel Industry
OmniaLuo, Inc Gains Traction in China’s $25 Billion Women’s Luxury Apparel Industry
Investorideas.com New Showcase China Stock, OmniaLuo, Inc. (OTCBB: OLOU) Capitalizes on Rising Purchasing Power and Demand for Luxury Goods
POINT ROBERTS, Wash., Delta B.C., March 12, 2008 - China-AsiaStocks.com, an investor and industry portal China-Asia sector within Investorideas.com, announces new showcase company
OmniaLuo, Inc. (OTCBB: OLOU), a China-based company that designs, markets and distributes luxury women's apparel under the brand name OMNIALUO. The rapidly growing retailer is targeting China’s $25 billion women’s luxury apparel industry, capitalizing on the rising purchasing power in China and a strong demand for luxury goods.
OMNIALUO currently has established 187 retail stores across 32 of 34 provinces in China and expects the number of stores to increase to 264 by year-end 2008. According to industry data, retail sales in China are growing at an annual rate of nearly 15 per cent, and China is expected to become the world's third largest retail market by 2010.
Cindy Luo, Chairwoman and Chief Executive Officer of OmniaLuo is also the Chief Designer and is the recipient of several fashion design awards, including the "Golden Peak Award," China's highest and most prestigious honor awarded by the China Fashion Designer's Association. Her passion, vision and drive have set the stage for the line to become the Chinese brand equivalent of “Donna Karan” or Liz Claiborne (News, Market).
According to an article in www.textile-info.com, “Only 10 years ago, there were few famous brands to be found in the Chinese clothing and footwear market, and domestic manufacturers had little brand consciousness. Even consumers knew little about famous international brands or manufacturers, so competition was focused solely on price and quality. However, with rising consumer demand, more domestic manufacturers began to pay attention to branding and more international brands entered China and there are now thousands of brands available, resulting in a highly competitive market.”
About China- Asia Showcase Company, OmniaLuo, Inc. (OTCBB: OLOU):
OmniaLuo, Inc. (www.omnialuo.com), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. With its rapid and strategic expansion plan, OMNIALUO plans to increase its retail presence across 32 of 34 provinces in China from its current 187 stores to 264 stores by year-end 2008. Under the leadership of Cindy Luo, the Company's founder and award winning chief designer, OMNIALUO is positioned to become the Chinese brand equivalent of Donna Karan or Liz Claiborne.
Investors can also visit the Company Showcase on Investorideas.com at:
http://www.investorideas.com/CO/olou/
The Company’s Media Presentation can be viewed at: http://www.investorideas.com/CO/OLOU/ss/default.asp
About InvestorIdeas.com, China-Asiastocks.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp. Our sites do not make recommendations, but offer information portals .Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: OmniaLuo, Inc compensates the site $4000USD per month as a showcase company.
For More Information Contact:
Dawn Van Zant 800-665-0411 Email: dvanzant@investorideas.com
Source: Investorideas.com, China-AsiaStocks.com, OmniaLuo, Inc
Investorideas.com New Showcase China Stock, OmniaLuo, Inc. (OTCBB: OLOU) Capitalizes on Rising Purchasing Power and Demand for Luxury Goods
POINT ROBERTS, Wash., Delta B.C., March 12, 2008 - China-AsiaStocks.com, an investor and industry portal China-Asia sector within Investorideas.com, announces new showcase company
OmniaLuo, Inc. (OTCBB: OLOU), a China-based company that designs, markets and distributes luxury women's apparel under the brand name OMNIALUO. The rapidly growing retailer is targeting China’s $25 billion women’s luxury apparel industry, capitalizing on the rising purchasing power in China and a strong demand for luxury goods.
OMNIALUO currently has established 187 retail stores across 32 of 34 provinces in China and expects the number of stores to increase to 264 by year-end 2008. According to industry data, retail sales in China are growing at an annual rate of nearly 15 per cent, and China is expected to become the world's third largest retail market by 2010.
Cindy Luo, Chairwoman and Chief Executive Officer of OmniaLuo is also the Chief Designer and is the recipient of several fashion design awards, including the "Golden Peak Award," China's highest and most prestigious honor awarded by the China Fashion Designer's Association. Her passion, vision and drive have set the stage for the line to become the Chinese brand equivalent of “Donna Karan” or Liz Claiborne (News, Market).
According to an article in www.textile-info.com, “Only 10 years ago, there were few famous brands to be found in the Chinese clothing and footwear market, and domestic manufacturers had little brand consciousness. Even consumers knew little about famous international brands or manufacturers, so competition was focused solely on price and quality. However, with rising consumer demand, more domestic manufacturers began to pay attention to branding and more international brands entered China and there are now thousands of brands available, resulting in a highly competitive market.”
About China- Asia Showcase Company, OmniaLuo, Inc. (OTCBB: OLOU):
OmniaLuo, Inc. (www.omnialuo.com), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. With its rapid and strategic expansion plan, OMNIALUO plans to increase its retail presence across 32 of 34 provinces in China from its current 187 stores to 264 stores by year-end 2008. Under the leadership of Cindy Luo, the Company's founder and award winning chief designer, OMNIALUO is positioned to become the Chinese brand equivalent of Donna Karan or Liz Claiborne.
Investors can also visit the Company Showcase on Investorideas.com at:
http://www.investorideas.com/CO/olou/
The Company’s Media Presentation can be viewed at: http://www.investorideas.com/CO/OLOU/ss/default.asp
About InvestorIdeas.com, China-Asiastocks.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp. Our sites do not make recommendations, but offer information portals .Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: OmniaLuo, Inc compensates the site $4000USD per month as a showcase company.
For More Information Contact:
Dawn Van Zant 800-665-0411 Email: dvanzant@investorideas.com
Source: Investorideas.com, China-AsiaStocks.com, OmniaLuo, Inc
Tuesday, March 11, 2008
OmniaLuo Outlines 2008 Business Strategy
OmniaLuo Outlines 2008 Business Strategy
SHENZHEN, CHINA - Mar 11, 2008 - OmniaLuo, Inc. ("OmniaLuo" or the "Company") (OTCBB:OLOU), a China-based company engaged in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO, outlined today its 2008 business strategy. OmniaLuo's strategy will focus on the following:
Domestic expansion
Increased brand awareness through international advertising campaigns and trade shows
Extension of target demographics and clothing lines
Continued development of operational and corporate infrastructure
Quarterly U.S. investor road shows and conferences
NASDAQ listing upgrade
Domestic Expansion
OmniaLuo currently has 186 retail stores across 32 of the 34 provinces in China. By year-end 2008, the Company expects to have more than 250 retail stores in operation. All new stores will be located in the most affluent and fastest growing cities in China.
Increased Brand Awareness through International Advertising Campaigns and Trade Shows
The Company has allocated $1.0 million to launch international advertising campaigns and attend international trade shows.
OmniaLuo has launched its international advertising campaign with China Fashion Brand Net ("CFBN"), one of the most dynamic and recognizable fashion platforms in the world. With more than 5 million CFBN registered users, OmniaLuo expects to attract new franchisees and expand brand awareness in China and abroad.
In March of 2008, OmniaLuo will attend and exhibit at the China International Clothing and Accessories Fair in Beijing. This trade show is the largest fashion exhibition in Asia and second largest in the world, attracting more than 120,000 visitors from around the globe. The Company will exhibit its new summer line, recruit new franchisees and gain international exposure for the OMNIALUO brand.
Beginning April 2008 and each month thereafter, OmniaLuo will have a prominent media placement/advertisement in the Chinese version of Harper's Bazaar. Total monthly circulation for this publication in China is approximately 645,000.
Extension of Target Demographics and Clothing Lines
The current target audience for OMNIALUO brand apparel is the growing class of urban and affluent female professionals between the ages of 25-35. OmniaLuo plans to launch "OmniaLuo Collections," a new higher-end line targeting affluent female executives between the ages of 35-45. The Company expects the new "OmniaLuo Collections" line to account for up to 20% of total 2008 revenue.
Continued Development of Operational and Corporate Infrastructure
In February of 2008, OmniaLuo began the implementation process of a state-of-the-art inventory system throughout its stores in China. The Company will continue to implement this new inventory management system in all existing and new stores as part of its continued effort to improve operational efficiencies and decrease inventory holding costs. In addition to its focus on operational infrastructure, the Company will continue to expand and strengthen its management team with experienced industry leaders.
Quarterly U.S. Investor Road Shows and Conferences
Beginning with the second quarter of 2008, OmniaLuo will schedule quarterly U.S. investor road shows and conferences. The primary focus will be to introduce OmniaLuo to new and potential investors, while keeping existing investors fully informed and up to date on Company operations.
NASDAQ Listing Upgrade
As part of the Company's long-term goal of becoming a fully valued, liquid stock, OmniaLuo plans to file for a NASDAQ listing upgrade during the third quarter of 2008.
The Company wishes to correct typographical errors in its news releases issued on 02-05-08 and 02-27-08 which reported total retail stores at 154 and 156, respectively. The correct figures were 184 and 186, respectively. An additional 30 stores were opened in the fourth quarter of 2007, but were not included in the updated store counts in the February releases.
OmniaLuo, Inc. Investor Resources:
Company Website
The Company has created a user-friendly, SEC compliant Website. Please visit www.omnialuo.com for additional Company information, detailed trading data, the Company's fact sheet, a comprehensive investor presentation and a corporate video.
Fact Sheet
http://files.shareholder.com/downloads/OMNIL/217810816x0x131139/87e893bc-ed11-41a4-8b67-27be27cea326/OMNIALUO-Fact%20Sheet-09-04-07.pdf
Presentation
http://files.shareholder.com/downloads/OMNIL/217810816x0x158022/e9eaf5b2-3751-4440-8938-aa8e5a954acd/OmniaLuoPresentation.pdf
Video
http://omnil.client.shareholder.com/video/omnialuo.cfm
About OmniaLuo, Inc.
OmniaLuo, Inc. (www.omnialuo.com), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. With its rapid and strategic expansion plan, OMNIALUO plans to increase its retail presence throughout provinces in China from its current 186 stores to 264 stores by year end 2008. Under the leadership of Cindy Luo, the Company's founder and award winning chief designer, OMNIALUO is positioned to become the Chinese brand equivalent of Donna Karan or Liz Claiborne.
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our dependency on our chief executive officer, principal stockholder and chief designer, our sensitivity to economic conditions and consumer spending in China, competition in our industry, our ability to effectively manage our growth, our ability to raise capital in the future, changes in China's economic or political situation, and other factors set forth in our Current Report on Form 8-K filed with the United States Securities and Exchange Commission in October 2007 or otherwise set forth from time to time in our other public filings.
This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.
OmniaLuo, Inc. is a featured Company on China-AsiaStocks.com
For full details, click here: http://www.China-AsiaStocks.com/co/olou/
Contact: After Market Support, LLC Pamela Solly Phone: (720) 489-4912 pamela.solly@aftermarketsupport.com
Source: OmniaLuo, Inc.
SHENZHEN, CHINA - Mar 11, 2008 - OmniaLuo, Inc. ("OmniaLuo" or the "Company") (OTCBB:OLOU), a China-based company engaged in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO, outlined today its 2008 business strategy. OmniaLuo's strategy will focus on the following:
Domestic expansion
Increased brand awareness through international advertising campaigns and trade shows
Extension of target demographics and clothing lines
Continued development of operational and corporate infrastructure
Quarterly U.S. investor road shows and conferences
NASDAQ listing upgrade
Domestic Expansion
OmniaLuo currently has 186 retail stores across 32 of the 34 provinces in China. By year-end 2008, the Company expects to have more than 250 retail stores in operation. All new stores will be located in the most affluent and fastest growing cities in China.
Increased Brand Awareness through International Advertising Campaigns and Trade Shows
The Company has allocated $1.0 million to launch international advertising campaigns and attend international trade shows.
OmniaLuo has launched its international advertising campaign with China Fashion Brand Net ("CFBN"), one of the most dynamic and recognizable fashion platforms in the world. With more than 5 million CFBN registered users, OmniaLuo expects to attract new franchisees and expand brand awareness in China and abroad.
In March of 2008, OmniaLuo will attend and exhibit at the China International Clothing and Accessories Fair in Beijing. This trade show is the largest fashion exhibition in Asia and second largest in the world, attracting more than 120,000 visitors from around the globe. The Company will exhibit its new summer line, recruit new franchisees and gain international exposure for the OMNIALUO brand.
Beginning April 2008 and each month thereafter, OmniaLuo will have a prominent media placement/advertisement in the Chinese version of Harper's Bazaar. Total monthly circulation for this publication in China is approximately 645,000.
Extension of Target Demographics and Clothing Lines
The current target audience for OMNIALUO brand apparel is the growing class of urban and affluent female professionals between the ages of 25-35. OmniaLuo plans to launch "OmniaLuo Collections," a new higher-end line targeting affluent female executives between the ages of 35-45. The Company expects the new "OmniaLuo Collections" line to account for up to 20% of total 2008 revenue.
Continued Development of Operational and Corporate Infrastructure
In February of 2008, OmniaLuo began the implementation process of a state-of-the-art inventory system throughout its stores in China. The Company will continue to implement this new inventory management system in all existing and new stores as part of its continued effort to improve operational efficiencies and decrease inventory holding costs. In addition to its focus on operational infrastructure, the Company will continue to expand and strengthen its management team with experienced industry leaders.
Quarterly U.S. Investor Road Shows and Conferences
Beginning with the second quarter of 2008, OmniaLuo will schedule quarterly U.S. investor road shows and conferences. The primary focus will be to introduce OmniaLuo to new and potential investors, while keeping existing investors fully informed and up to date on Company operations.
NASDAQ Listing Upgrade
As part of the Company's long-term goal of becoming a fully valued, liquid stock, OmniaLuo plans to file for a NASDAQ listing upgrade during the third quarter of 2008.
The Company wishes to correct typographical errors in its news releases issued on 02-05-08 and 02-27-08 which reported total retail stores at 154 and 156, respectively. The correct figures were 184 and 186, respectively. An additional 30 stores were opened in the fourth quarter of 2007, but were not included in the updated store counts in the February releases.
OmniaLuo, Inc. Investor Resources:
Company Website
The Company has created a user-friendly, SEC compliant Website. Please visit www.omnialuo.com for additional Company information, detailed trading data, the Company's fact sheet, a comprehensive investor presentation and a corporate video.
Fact Sheet
http://files.shareholder.com/downloads/OMNIL/217810816x0x131139/87e893bc-ed11-41a4-8b67-27be27cea326/OMNIALUO-Fact%20Sheet-09-04-07.pdf
Presentation
http://files.shareholder.com/downloads/OMNIL/217810816x0x158022/e9eaf5b2-3751-4440-8938-aa8e5a954acd/OmniaLuoPresentation.pdf
Video
http://omnil.client.shareholder.com/video/omnialuo.cfm
About OmniaLuo, Inc.
OmniaLuo, Inc. (www.omnialuo.com), based in China's fashion capital of Shenzhen, is in the business of designing, developing, marketing and distributing fine women's apparel under the brand name OMNIALUO. OMNIALUO's apparel embodies elegance, femininity and sophistication for China's rapidly growing class of urban and affluent female professionals. With its rapid and strategic expansion plan, OMNIALUO plans to increase its retail presence throughout provinces in China from its current 186 stores to 264 stores by year end 2008. Under the leadership of Cindy Luo, the Company's founder and award winning chief designer, OMNIALUO is positioned to become the Chinese brand equivalent of Donna Karan or Liz Claiborne.
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our dependency on our chief executive officer, principal stockholder and chief designer, our sensitivity to economic conditions and consumer spending in China, competition in our industry, our ability to effectively manage our growth, our ability to raise capital in the future, changes in China's economic or political situation, and other factors set forth in our Current Report on Form 8-K filed with the United States Securities and Exchange Commission in October 2007 or otherwise set forth from time to time in our other public filings.
This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.
OmniaLuo, Inc. is a featured Company on China-AsiaStocks.com
For full details, click here: http://www.China-AsiaStocks.com/co/olou/
Contact: After Market Support, LLC Pamela Solly Phone: (720) 489-4912 pamela.solly@aftermarketsupport.com
Source: OmniaLuo, Inc.
Tuesday, February 26, 2008
China Youngman Plans to Ship 1,000 German Technology-Based, Quality CNG Buses to the US Within 12 Months
China Youngman Plans to Ship 1,000 German Technology-Based, Quality CNG Buses to the US Within 12 Months
US-China Bus Deal Projects $200 Million in Revenues by 2009
SHANGHAI, CHINA and SANTA ROSA, CA--Feb 26, 2008 -- Youngman Automobile Group, China's premium quality bus and coach manufacturer, announces plans to ship 1,000 high quality German technology-based CNG (compressed natural gas) buses to the US within the next 12 months.
A US-China bus distribution between Youngman Automobile Group and electric car maker ZAP (OTCBB: ZAAP) announced today plans to ship 1,000 high quality German technology-based compressed natural gas buses to the US within the next 12 months, with projected revenues of $200 million by 2009. Following last month's announcement, ZAP (OTC BB:ZAAP.OB ) has been appointed as the exclusive importer and distributor for these buses within North America. Lotus Engineering Inc., the US-based subsidiary of Lotus Engineering, a global Company headquartered in the UK, will be leading the homologation and US certification process, which is expected to take a few months to complete. The Company expects to deliver its first shipment by fourth quarter of 2008 under the ZAP brand.
"For the last fourteen years we have been building luxury motor coaches based on German standards of quality in partnership with Neoplan and we are number one in our domestic market," said Mr. Pang Qingnian, Chairman and President of China Youngman Automobile Group. "Now for the last four years we have managed to penetrate into the international market, selling in countries like Singapore, Hong Kong, Korea, Europe and The Middle East. The US is one of the last and prize trophies for us. With Chinese-based economics and German-based quality, I believe our buses offer the best quality at half of the price."
China Youngman Automobile Group and ZAP also plan to open an assembly plant to carry out the final assembly in California, creating green collar jobs for the United States.
"Our meeting with ZAP and the Governor of California in October of last year has convinced me that this partnership goes beyond just selling buses to the United States; we can leverage the skilled work force in the US to deliver the highest quality products," Mr. Pang added. "We shall manufacture and produce the components for these products in China and have them assembled in the US, a business model that allows us to enjoy the best economics as well as being part of this green movement in the heart of California."
Depending on the final vehicle specifications, ZAP expects to price these buses between US$175,000 to US$230,000, typically half the price of comparable buses in the US market.
"We have spent the last 6 months organizing and forging a number of strategic partnership deals and really have some strong people supporting us now," said ZAP CEO Steve Schneider. "In the past, we have failed to gain significant traction, but I believe we have learned and are ready to embrace these new changes. The chance to distribute this quality of buses at a competitive price would bring significant benefits to our customers and shareholders. We have already started a number of discussions to recruit creditable distribution partners within the US and I envision there to be significant growth potential for these buses."
Youngman's engineers shall be working with the engineering team from Lotus Engineering to ensure the products meet the certification requirement for the US market. The team will be working on a 12-meter CNG bus as their first product to hit the US market. Since this is a quality product based on German technology and engineering, officials believe the certification and homologation should be a smooth process.
"Youngman Automobile Group is a strategic partner of Lotus Engineering with a number of projects being carried out in the UK, Malaysia and China. I am proud to have a chance to assist the Youngman Group from the US," said Mr. Don Graunstadt, CEO of Lotus Engineering Inc., based in the Detroit area. "Through its relationship with Neoplan, Youngman has experience with the US homologation process, so we expect the homologation and certification for this bus will be relatively straight forward."
About Youngman Automotive Group
Youngman recently introduced advanced manufacturing technology to its facilities in a joint venture with Neoplan of Germany. Youngman's manufacturing is based on the ISO9001 international standard of quality for its bus production. The manufacturing facility in Jinhua, China covers an area over four million square feet. Youngman employs 4,000 workers, including 700 research and development staff. With seven production facilities in process, Youngman expects to soon have the capacity to produce 200,000 vehicles per year, including a capacity to build 10,000 buses annually. For more information about Youngman Automotive Group, visit http://www.young-man.cn.
About Lotus Engineering
Lotus Engineering has been behind the design and construction of some of the most successful cars in history and is one of the world's premier automotive consultancies with engineering centers in Asia, North America and Europe. Employed by many of the major car manufacturers, Lotus Engineering maintains a strong tradition of excellence in the automotive business with cutting-edge engineering expertise, and talented, visionary staff. Lotus Engineering offers full engineering services capable of taking a project from initial concept and product design, through development, testing and prototype build, as well as production and production support. Lotus is one of only two OEMs that has experience in designing, developing, manufacturing and marketing its own products offering this range of expert services to third parties. This gives Lotus a highly respected premium position in today's automotive industry. For more information, visit http://www.grouplotus.com.
This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
ZAP is a featured Company on Investorideas.com Green portals, China portal and Tech portal.
For full details, click here: http://www.renewableenergystocks.com/CO/ZAAP/Default.asp
Contacts: China Youngman Automobile Group Co. Ltd. Rachel Pang Caiping Director +86-579-2256088 ZAP Alex Campbell 707-525-8658 x 241 acampbell@zapworld.com
Source: ZAP
US-China Bus Deal Projects $200 Million in Revenues by 2009
SHANGHAI, CHINA and SANTA ROSA, CA--Feb 26, 2008 -- Youngman Automobile Group, China's premium quality bus and coach manufacturer, announces plans to ship 1,000 high quality German technology-based CNG (compressed natural gas) buses to the US within the next 12 months.
A US-China bus distribution between Youngman Automobile Group and electric car maker ZAP (OTCBB: ZAAP) announced today plans to ship 1,000 high quality German technology-based compressed natural gas buses to the US within the next 12 months, with projected revenues of $200 million by 2009. Following last month's announcement, ZAP (OTC BB:ZAAP.OB ) has been appointed as the exclusive importer and distributor for these buses within North America. Lotus Engineering Inc., the US-based subsidiary of Lotus Engineering, a global Company headquartered in the UK, will be leading the homologation and US certification process, which is expected to take a few months to complete. The Company expects to deliver its first shipment by fourth quarter of 2008 under the ZAP brand.
"For the last fourteen years we have been building luxury motor coaches based on German standards of quality in partnership with Neoplan and we are number one in our domestic market," said Mr. Pang Qingnian, Chairman and President of China Youngman Automobile Group. "Now for the last four years we have managed to penetrate into the international market, selling in countries like Singapore, Hong Kong, Korea, Europe and The Middle East. The US is one of the last and prize trophies for us. With Chinese-based economics and German-based quality, I believe our buses offer the best quality at half of the price."
China Youngman Automobile Group and ZAP also plan to open an assembly plant to carry out the final assembly in California, creating green collar jobs for the United States.
"Our meeting with ZAP and the Governor of California in October of last year has convinced me that this partnership goes beyond just selling buses to the United States; we can leverage the skilled work force in the US to deliver the highest quality products," Mr. Pang added. "We shall manufacture and produce the components for these products in China and have them assembled in the US, a business model that allows us to enjoy the best economics as well as being part of this green movement in the heart of California."
Depending on the final vehicle specifications, ZAP expects to price these buses between US$175,000 to US$230,000, typically half the price of comparable buses in the US market.
"We have spent the last 6 months organizing and forging a number of strategic partnership deals and really have some strong people supporting us now," said ZAP CEO Steve Schneider. "In the past, we have failed to gain significant traction, but I believe we have learned and are ready to embrace these new changes. The chance to distribute this quality of buses at a competitive price would bring significant benefits to our customers and shareholders. We have already started a number of discussions to recruit creditable distribution partners within the US and I envision there to be significant growth potential for these buses."
Youngman's engineers shall be working with the engineering team from Lotus Engineering to ensure the products meet the certification requirement for the US market. The team will be working on a 12-meter CNG bus as their first product to hit the US market. Since this is a quality product based on German technology and engineering, officials believe the certification and homologation should be a smooth process.
"Youngman Automobile Group is a strategic partner of Lotus Engineering with a number of projects being carried out in the UK, Malaysia and China. I am proud to have a chance to assist the Youngman Group from the US," said Mr. Don Graunstadt, CEO of Lotus Engineering Inc., based in the Detroit area. "Through its relationship with Neoplan, Youngman has experience with the US homologation process, so we expect the homologation and certification for this bus will be relatively straight forward."
About Youngman Automotive Group
Youngman recently introduced advanced manufacturing technology to its facilities in a joint venture with Neoplan of Germany. Youngman's manufacturing is based on the ISO9001 international standard of quality for its bus production. The manufacturing facility in Jinhua, China covers an area over four million square feet. Youngman employs 4,000 workers, including 700 research and development staff. With seven production facilities in process, Youngman expects to soon have the capacity to produce 200,000 vehicles per year, including a capacity to build 10,000 buses annually. For more information about Youngman Automotive Group, visit http://www.young-man.cn.
About Lotus Engineering
Lotus Engineering has been behind the design and construction of some of the most successful cars in history and is one of the world's premier automotive consultancies with engineering centers in Asia, North America and Europe. Employed by many of the major car manufacturers, Lotus Engineering maintains a strong tradition of excellence in the automotive business with cutting-edge engineering expertise, and talented, visionary staff. Lotus Engineering offers full engineering services capable of taking a project from initial concept and product design, through development, testing and prototype build, as well as production and production support. Lotus is one of only two OEMs that has experience in designing, developing, manufacturing and marketing its own products offering this range of expert services to third parties. This gives Lotus a highly respected premium position in today's automotive industry. For more information, visit http://www.grouplotus.com.
This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
ZAP is a featured Company on Investorideas.com Green portals, China portal and Tech portal.
For full details, click here: http://www.renewableenergystocks.com/CO/ZAAP/Default.asp
Contacts: China Youngman Automobile Group Co. Ltd. Rachel Pang Caiping Director +86-579-2256088 ZAP Alex Campbell 707-525-8658 x 241 acampbell@zapworld.com
Source: ZAP
Monday, February 4, 2008
China-AsiaStocks.com Reports on Healthcare Opportunities in China; Western and Traditional Medicine
China-AsiaStocks.com Reports on Healthcare Opportunities in China; Western and Traditional Medicine
Benda Pharmaceutical Capitalizes on Accelerated Healthcare Spending in China and Growing Opportunities for Gendicine® Cancer Treatment
POINT ROBERTS, Wash., Delta B.C., February 4, 2 008 - China-AsiaStocks.com, an investor and industry portal focused on the China-Asia sector within Investorideas.com, reports on the growing Chinese healthcare market opportunities, with focus on featured company, Benda Pharmaceutical Inc.(OTCBB:BPMA). The globalization and blending of western and traditional medicine is a growing trend, prevalent in China but also on the rise in North America.
Benda Pharmaceutical is a China-based pharmaceutical company producing both Gendicine®, the world’s first commercialized gene therapy medicine for the treatment of cancer, and traditional Chinese and conventional medicines. The company recently launched a new investor video www.bendapharma.com/video to provide investors insight into the Benda and Gendicine® investment opportunity.
The company video showcases key investment facts, including revenue growth from $15.9 million in 2006, to projected revenue of $56 million in 2008. Healthcare spending in China is anticipated to grow to $323 billion by 2025 and is a driving force in Benda’s projections. Recent announcements by the Chinese government to attempt to tighten control of costs for medical services and drugs heighten awareness to the growing issue.
The rapidly growing healthcare market in China, with an aging and more affluent population, will incite new entrants and new technologies. To be competitive, technologies and products will need to prove claims and meet regulatory standards. According to Benda’s video, the company’s cancer treatment technology is 340% more effective than traditional treatments.
Other public companies capitalizing on the China healthcare opportunity include Beijing Med-Pharm Corporation (Market, News ), a pharmaceutical marketing and distribution company that is building a proprietary portfolio of branded pharmaceutical and healthcare products in China.
Linkwell Corporation (Market, News ) develops, manufactures, and distributes disinfectant healthcare products in China, estimated at $6.25 Billion, according to recent press from the company.
Other Biotech Companies competing for the cancer treatment market in China include BioSphere Medical, Inc. (Market, News), a medical device company that uses bioengineered microspheres to treat uterine fibroids, hypervascularized tumors, and vascular malformations by a minimally invasive, image-guided medical procedure called embolotherapy. The company announced the Medical Device Department of the State Food and Drug Administration of the People’s Republic of China has approved BioSphere’s Embosphere Microspheres for clinical use for vascular embolizations, arteriovenous malformations, hypervascularized tumors, and symptomatic uterine fibroids and expects to begin shipments of Embosphere Microspheres to China in the first quarter of 2008.
According to a Decision Resources report published in 2007, pharmaceutical and healthcare industry analysts predict that the Chinese hepatocellular carcinoma (HCC; the most prevalent type of primary liver cancer) market will quadruple between 2006 and 2011.CELSION CORPORATION (Market, News) recently announced that its application for a Special Protocol Assessment (SPA) for its Pivotal Phase III Primary Liver Cancer trial has been agreed to by the US Food and Drug Administration, to demonstrate the efficacy of Celsion’s proprietary chemotherapeutic, ThermoDox, in combination with radiofrequency ablation as a first line treatment of primary liver cancer. The study will incorporate about 40 clinical sites in North America, Italy, China, Taiwan, Hong Kong, and Korea, and is planned to enroll 600 patients.
For investors researching the sector, Investor Ideas China Asia portal offers a growing directory of listed stocks as a reference tool. Visit: http://www.investorideas.com/Companies/China-AsiaStocks/Stocks_List.asp as well as Investor Ideas features a biotech portal and stock directory.
Benda Pharmaceutical Inc. is a Showcase Company on Investor Ideas on both the China- Asia portal and the Biotech portal. Compensation is disclosed in disclaimer below.
http://www.investorideas.com/co/bpma/
About Benda Pharmaceutical, Inc.:
Benda Pharmaceutical, Inc. www.bendapharma.com, a China-based pharmaceutical company, is a pure play on explosive Chinese pharmaceutical spending and the global search for a cancer cure. Benda produces traditional Chinese and conventional medicines, as well as Gendicine®, the world’s first commercialized gene therapy medicine for the treatment of cancer.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp. Our sites do not make recommendations, but offer information portals .Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Benda Pharmaceutical, Inc. (OTCBB: BPMA) compensates the site $4000USD per month as a showcase company.
For More Information Contact:
Dawn Van Zant 800-665-0411 Email: dvanzant@investorideas.com
Source: China-AsiaStocks.com, Benda Pharmaceutical, Inc.
Benda Pharmaceutical Capitalizes on Accelerated Healthcare Spending in China and Growing Opportunities for Gendicine® Cancer Treatment
POINT ROBERTS, Wash., Delta B.C., February 4, 2 008 - China-AsiaStocks.com, an investor and industry portal focused on the China-Asia sector within Investorideas.com, reports on the growing Chinese healthcare market opportunities, with focus on featured company, Benda Pharmaceutical Inc.(OTCBB:BPMA). The globalization and blending of western and traditional medicine is a growing trend, prevalent in China but also on the rise in North America.
Benda Pharmaceutical is a China-based pharmaceutical company producing both Gendicine®, the world’s first commercialized gene therapy medicine for the treatment of cancer, and traditional Chinese and conventional medicines. The company recently launched a new investor video www.bendapharma.com/video to provide investors insight into the Benda and Gendicine® investment opportunity.
The company video showcases key investment facts, including revenue growth from $15.9 million in 2006, to projected revenue of $56 million in 2008. Healthcare spending in China is anticipated to grow to $323 billion by 2025 and is a driving force in Benda’s projections. Recent announcements by the Chinese government to attempt to tighten control of costs for medical services and drugs heighten awareness to the growing issue.
The rapidly growing healthcare market in China, with an aging and more affluent population, will incite new entrants and new technologies. To be competitive, technologies and products will need to prove claims and meet regulatory standards. According to Benda’s video, the company’s cancer treatment technology is 340% more effective than traditional treatments.
Other public companies capitalizing on the China healthcare opportunity include Beijing Med-Pharm Corporation (Market, News ), a pharmaceutical marketing and distribution company that is building a proprietary portfolio of branded pharmaceutical and healthcare products in China.
Linkwell Corporation (Market, News ) develops, manufactures, and distributes disinfectant healthcare products in China, estimated at $6.25 Billion, according to recent press from the company.
Other Biotech Companies competing for the cancer treatment market in China include BioSphere Medical, Inc. (Market, News), a medical device company that uses bioengineered microspheres to treat uterine fibroids, hypervascularized tumors, and vascular malformations by a minimally invasive, image-guided medical procedure called embolotherapy. The company announced the Medical Device Department of the State Food and Drug Administration of the People’s Republic of China has approved BioSphere’s Embosphere Microspheres for clinical use for vascular embolizations, arteriovenous malformations, hypervascularized tumors, and symptomatic uterine fibroids and expects to begin shipments of Embosphere Microspheres to China in the first quarter of 2008.
According to a Decision Resources report published in 2007, pharmaceutical and healthcare industry analysts predict that the Chinese hepatocellular carcinoma (HCC; the most prevalent type of primary liver cancer) market will quadruple between 2006 and 2011.CELSION CORPORATION (Market, News) recently announced that its application for a Special Protocol Assessment (SPA) for its Pivotal Phase III Primary Liver Cancer trial has been agreed to by the US Food and Drug Administration, to demonstrate the efficacy of Celsion’s proprietary chemotherapeutic, ThermoDox, in combination with radiofrequency ablation as a first line treatment of primary liver cancer. The study will incorporate about 40 clinical sites in North America, Italy, China, Taiwan, Hong Kong, and Korea, and is planned to enroll 600 patients.
For investors researching the sector, Investor Ideas China Asia portal offers a growing directory of listed stocks as a reference tool. Visit: http://www.investorideas.com/Companies/China-AsiaStocks/Stocks_List.asp as well as Investor Ideas features a biotech portal and stock directory.
Benda Pharmaceutical Inc. is a Showcase Company on Investor Ideas on both the China- Asia portal and the Biotech portal. Compensation is disclosed in disclaimer below.
http://www.investorideas.com/co/bpma/
About Benda Pharmaceutical, Inc.:
Benda Pharmaceutical, Inc. www.bendapharma.com, a China-based pharmaceutical company, is a pure play on explosive Chinese pharmaceutical spending and the global search for a cancer cure. Benda produces traditional Chinese and conventional medicines, as well as Gendicine®, the world’s first commercialized gene therapy medicine for the treatment of cancer.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp. Our sites do not make recommendations, but offer information portals .Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Benda Pharmaceutical, Inc. (OTCBB: BPMA) compensates the site $4000USD per month as a showcase company.
For More Information Contact:
Dawn Van Zant 800-665-0411 Email: dvanzant@investorideas.com
Source: China-AsiaStocks.com, Benda Pharmaceutical, Inc.
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