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Research - GeoResearch

Thursday, April 24, 2014

21 Vianet Group (VNET)

Joint Venture
BEIJING, April 24, 2014 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq:VNET) ("21Vianet" or the "Company"), the largest carrier-neutral internet data center services provider in China, announced today that it has signed a strategic partnership agreement with the leading global electronics manufacturer, Foxconn Technology Group (TWSE:2354) ("Foxconn"), in Beijing, with the attendance of Terry Guo, the Chairman and CEO of…

Chinaedu (CEDU)

Going Private News
BEIJING, April 24, 2014 /PRNewswire/ -- ChinaEdu Corporation (NASDAQ: CEDU) (the "Company"), a leading online educational services provider in China, today announced the completion of the merger contemplated by the previously announced Agreement and Plan of Merger dated December 31, 2013 (the "Merger Agreement"), by and among the Company, ChinaEdu Holdings Limited ("Holdings") and ChinaEdu Merger Sub Limited ("Merger Sub")…

Latteno Food (LATF)

Comments & Business Outlook
DENVER, CO--(Marketwired - Apr 24, 2014) - Latteno Food Corp. (OTC Pink: LATF) (PINKSHEETS: LATF) is pleased to announce that preliminary 2104 Q1 figures confirm that 2013's record Revenue results have been maintained, in spite of Q1 seasonal downturns and industry obstacles. Led by continued improvement in wholly-owned subsidiary Mekonza's continued shipment growth of its fresh seafood products both domestically and internationally, Q1 revenue totaled $3,795,855;…

Qihoo 360 (QIHU)

Joint Venture
BEIJING, April 24, 2014 /PRNewswire/ -- Qihoo 360 Technology Co. Ltd. ("Qihoo 360" or the "Company") (NYSE: QIHU), a leading Internet company in China, today announced that it has formed a strategic partnership with Sungy Mobile Limited ("Sungy Mobile") (Nasdaq: GOMO), a leading provider of mobile internet products and services globally with a focus on applications and mobile platform development. Qihoo 360…

Sinovac Biotech (SVA)

Hot Bio-Tech News
BEIJING, April 24, 2014 /PRNewswire/ -- Sinovac Biotech Ltd. (NASDAQ: SVA), a leading China-based vaccine manufacturer, announced today that it has received notification that a RMB 60 million free government grant has been approved by China's Ministry of Finance, National Development and Reform Commission, Ministry of Industry and Information Technology, and National Health and Family Planning Commission for construction of the Company's dedicated production facility for its Enterovirus 71 (EV71)…

Yingli Green Energy (YGE)

Notable Share Transactions
BAODING, China, April 24, 2014 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company") today announced that it intends to offer, subject to market and other conditions, 25 million American Depositary Shares ("ADSs"), each representing one ordinary share of the Company, in an underwritten registered public offering. Yingli Green Energy intends to grant the underwriters an option to…

Youku Tudou (YOKU)

Joint Venture
BEIJING, April 24, 2014 /PRNewswire/ -- Youku Tudou Inc. (NYSE: YOKU), China's leading Internet television company, announces that it has inked strategic partnerships with most of China's leading smart TV and OTT manufacturers, 8 of which are an exclusive integration of the pre-installed Youku Tudou App. In April, Youku announces four new partnerships with OTT companies. All four partnerships include the exclusively pre-installed Youku Tudou TV app…


Wednesday, April 23, 2014

Bohai Pharmaceuticals (BOPH)

Deal Flow
Entry Into a Material Definitive Agreement On April 21, 2014, Bohai Pharmaceuticals Group, Inc. (the “Company”) and Euro Pacific Capital, Inc. (“Euro Pacific”), acting as representative of the holders of certain 8% convertible notes, as amended, (the “Notes”) issued by the Company on January 5, 2010, entered into a Fifth Amendment to the…

Cazador Acquisition (CAZA)

Deal Flow
Item 1.01 Entry into a Material Definitive Agreement. On April 21, 2014, Net Element, Inc. (the “Company”) entered into a Secured Convertible Senior Promissory Note (the “Note”) with Cayman Invest, S.A. (“CI”). Pursuant to the Note, CI agreed to loan to the Company $11,200,000.00. No interest will accrue under…

Cnooc (CEO)

Deal Flow
CNOOC Limited Announces Proposed Offering of Guaranteed Notes CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883, TSX: CNU) announced on April 23, 2014 (Hong Kong time) that it intended to offer, subject to market and other conditions, guaranteed notes (the “Notes”) in three series. The Notes will be issued by CNOOC Nexen Finance (2014) ULC, an indirect wholly…

Entertainment Gaming Asia Inc (EGT)

Investor Alert
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing On April 17, 2014, Entertainment Gaming Asia Inc. (the “Company”) received a deficiency letter (the “Notice Letter”) from The NASDAQ Stock Market LLC (“NASDAQ”) advising that, based on the Company’s closing bid price for the last 30…

Mastech Holdings (MHH)

Comments & Business Outlook
First Quarter 2014 Results First quarter 2014 revenues of $28.7 million compared to $24.0 million in the prior year. First quarter 2014 EPS of $0.20 compared to $0.13 in the prior year period. Kevin Horner, Mastech's Chief Executive Officer stated, "We are pleased to deliver strong year-over-year financial results in our traditionally challenging first quarter, as we were able to increase our billable consultant-base by approximately…

Montage Tech Group Ltd (MONT)

Company Rebuttal
Item 8.01 Other Events. On April 22, 2014, the Company issued a press release announcing its receipt of the report by Jones Day. A copy of the press release is attached as Exhibit 99.1 and is furnished herewith. The audit committee of the Company, with the assistance of the law firm of Jones Day, as well as forensic accountants from FTI Consulting, has reported on the results of the review conducted to date, representing over…

Investor Alert
SHANGHAI, China, April 22, 2014 (GLOBE NEWSWIRE) -- Montage Technology Group Limited (Nasdaq:MONT) ("Montage Technology" or "Montage" or the "Company"), a global fabless provider of analog and mixed-signal semiconductor solutions addressing the home entertainment and cloud computing markets, today announced that on April 16, 2014, the Company received a letter (the "Letter") from the NASDAQ Stock Market LLC ("NASDAQ")…

Comments & Business Outlook
SHANGHAI, China, April 22, 2014 (GLOBE NEWSWIRE) -- Montage Technology Group Limited (Nasdaq:MONT) ("Montage Technology" or "Montage" or the "Company"), a global fabless provider of analog and mixed-signal semiconductor solutions addressing the home entertainment and cloud computing markets, today announced that the audit committee of the Company, with the assistance of the law firm of Jones Day, as well as forensic accountants from FTI Consulting,…

Sgoco Group (SGOC)

Comments & Business Outlook
Fourth Quarter 2013 Financial Results Total revenue for the fourth quarter of 2013 decreased 30.3% to $44.2 million from $63.4 million in the fourth quarter of 2012. Basic and diluted EPS were $0.07 for the fourth quarter of 2013, compared to $0.19 in the fourth quarter of 2012. Mr. David Xu, President and Chief Executive Officer of SGOCO, commented on the results. "We have made…

Sgoco Tech Ltd Wts (SGTWF)

Comments & Business Outlook
Consolidated Statement of Income (In thousands of U.S. Dollars, except per share amounts) > Management Discussion and Analysis Analysis of Results of Operations Comparison of Fiscal Years Ended December 31, 2013 and 2012 Revenue Our sales were $201.0 million for the year ended December 31, 2013, which increased by $34.3 million, or 20.6% from $166.7 million in the year ended December 31,…

Super Micro Computer (SMCI)

Comments & Business Outlook
Third Quarter Fiscal 2014 Results Quarterly net sales of $373.8 million, up 34.4% from the same quarter of last year. Non-GAAP EPS was $0.37 per diluted share, compared to $0.23 per diluted share in the same quarter of the prior year. Business Outlook The Company expects net sales of $370 million to $410 million for the fourth quarter of fiscal year 2014 ending June 30, 2014…

Supercom Ltd Ordinary Shares (SPCB)

Contract Awards
HERZLIYA, Israel, April 23, 2014 /PRNewswire/ -- SuperCom Ltd. (NASDAQ: SPCB), a leading provider of Electronic Intelligence Solutions for National ID, Public Safety and Healthcare, today announced that it has been awarded 2 new contracts from an existing customer totaling $3.6 million. The Company expects to recognize the majority of the contracts' revenue during the second half of 2014. "I am very pleased with the receipt of these…

Texcom Inc (TEXC)

Comments & Business Outlook
HOUSTON, April 22, 2014 /PRNewswire/ -- TexCom, Inc. (OTC Pink: TEXC)(the "Company" or "TexCom"), an environmental services company serving the oil and gas industry, today announced the sale of substantially all of the assets of MB Environmental Services, LLC ("MBES") for $15.8 million. TexCom owns 83.2% of MBES and will realize approximately $11 million from the sale, after…


Tuesday, April 22, 2014

Armco Metals Holdings (AMCO)

Acquisition Activity
Item 1.01 Entry Into A Material Agreement. On April 15, 2014, Armco Metals Holdings, Inc.(the "Company""we" "us" "our") entered into a Share Exchange Agreement (the “Agreement”) with Draco Resources, Inc., a California corporation ("Draco Resources") and its shareholders (the “Draco Resources Shareholders”)…

Bitauto Holdings (BITA)

Joint Venture
BEIJING, April 22, 2014 /PRNewswire/ -- Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of Internet content and marketing services for China's fast-growing automotive industry, today announced that it has entered into an agreement to establish a joint venture (the "JV"), with Pangda Automobile Trade Co., Ltd ("Pang Da Group"), one of China's leading…

Cazador Acquisition (CAZA)

Auditor trail
Item 4.01 Changes in Registrant’s Certifying Accountant. On April 16, 2014, the Audit Committee of Net Element, Inc. (the “Company”) approved the engagement of Daszkal Bolton LLP (“Daszkal Bolton”) as its independent registered public accounting firm to audit the Company’s financial statements beginning with the fiscal year ending December 31, 2014. During the Company’s two…

China Hydroelectric (CHC)

Comments & Business Outlook
CHINA HYDROELECTRIC CORPORATION CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2011, 2012 AND 2013 (Amounts in thousands of U.S. dollars (“US$”), except for number of shares and per share data) > Management Discussion and Analysis Revenues Our revenues from continuing operations decreased by $10.9 million, or 12.8%, to $74.5…

China Petroleum & Chemica (SNP)

Comments & Business Outlook
CHINA PETROLEUM & CHEMICAL CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENT OF INCOME FOR THE YEARS ENDED DECEMBER 31, 2011, 2012 AND 2013 (Amounts in millions, except per share data) >…

Gain Capital Holdings (GCAP)

Comments & Business Outlook
BEDMINSTER, N.J., April 22, 2014 /PRNewswire/ -- GAIN Capital announced today that its affiliate, GTX SEF LLC, has received approval for a temporary registration from the US Commodity Futures Trading Commission (CFTC) to operate a swap execution facility (SEF). GTX SEF, LLC will provide a venue for trading that complies with the Dodd-Frank Act. Customers will be able to trade non-deliverable forwards ("NDFs") that are…

Groupe Athena Inc (GATA)

Comments & Business Outlook
Third Quarter Fiscal 2014 The company reported revenue of $14,471,625, an increase of $1,093,173 over the same period in 2013. The company reported EPS of $0.03 compared to $0.03 for the same quarter 2013. The Indian pharmaceutical industry is increasingly focusing on exports to the United States and GATA is well positioned to help them get their products approved by the FDA for sales in the US. All of these…

Guangzhou Global Telecom (GZGTD)

Comments & Business Outlook
China Teletech Holding, Inc. Consolidated Statements of Income For The Years Ended December 31, 2013 and 2012 (Stated in US Dollars) > Management Discussion and Analysis Results of Operations Results of Operation for the year ended December 31, 2013 compared with the year ended December 31, 2012 Total Revenue During the year ended December 31, 2013, we generated $30,879,609 in revenue, as compared to $…

Igen Networks Corp (IGEN)

Acquisitions
ALEXANDRIA, VIRGINIA--(Marketwired - April 22, 2014) - iGen Networks Corporation (OTCQB:IGEN) today announced that it has entered into an agreement to acquire Nimbo LLC., a privately-owned company based in Murrieta, CA that delivers industry leading Asset Protection Services. Nimbo LLC offers the latest in consumer safety solutions for the automotive and power sport industries, with over 10,000 asset activations to-date. Powered by the Nimbo brand through Dealershiptracking.com…

Isoftstone Holdings (ISS)

CFO Trail
Resignation of CFO Xiaosong Zhang (Jonathan) has notified iSoftStone of his intent to resign as the Company's Chief Financial Officer. Mr. Zhang will continue to serve as iSoftStone's CFO through the filing of iSoftStone's 2013 annual report on S.E.C. Form 20-F, then continue to serve the Company as a consultant for an initial transition period through the end of August 2014, then for an extended period as the Company desires. Mr. Zhang is leaving…

Comments & Business Outlook
Fourth quarter 2013 Financial Results Net revenues increased 25.1% to $130.3 million in the fourth quarter 2013 from $104.2 million in the fourth quarter 2012. Non-GAAP diluted earnings per ADS (note 1) were $0.10 in the fourth quarter 2013 compared with $0.19 in the fourth quarter 2012. Mr. T.W. Liu, iSoftStone's Chairman and Chief Executive Officer, said, "We concluded the…

Montage Tech Group Ltd (MONT)

Comments & Business Outlook
SHANGHAI, China, April 22, 2014 (GLOBE NEWSWIRE) -- Montage Technology Group Limited (Nasdaq:MONT) ("Montage Technology" or "Montage" or the "Company"), a global fabless provider of analog and mixed-signal semiconductor solutions addressing the home entertainment and cloud computing markets, today announced that the audit committee of the Company, with the assistance of the law firm of Jones Day, as well as forensic accountants from FTI Consulting, has…

Mount Knowledge Holdings (MKHD)

Comments & Business Outlook
> Management Discussion and Analysis Results of Operations The following summary of our results of operations should be read in conjunction with our audited financial statements for the year ended December 31, 2013 which are included herein. Our operating results for the years ended December 31, 2013 and 2012, respectively are summarized as follows: Revenues We had marginal revenues to date, and do not anticipate increasing earning revenues in the immediate future…

Redtone Asia (RTAS)

Comments & Business Outlook
REDTONE ASIA, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (UNAUDITED) Three months and nine months ended February 28, 2014 and 2013 > Management Discussion and Analysis Revenue The Company generated revenue of $1,460,418 in the third quarter of the fiscal year ending May 31, 2014, representing a 31% decrease as compared with the preceding year’s corresponding quarters…

Tal Education (XRS)

Comments & Business Outlook
Fourth Quarter Fiscal 2014 Net revenues increased by 45.9% year-over-year to $87.0 million from $59.6 million in the same period of the prior year. Non-GAAP ADS was $0.24, compared to $0.11 for the same period of the prior year. "Fiscal 2014 has been a year of enormous progress in all directions for TAL. We significantly expanded our footprint in the 16 cities in which we operate,…

Taomee Holdings (TAOM)

CFO Trail
SHANGHAI, April 22, 2014 /PRNewswire/ - Taomee Holdings Limited (NYSE: TAOM) ("Taomee" or the "Company"), one of the leading children's entertainment and media companies in China, today announced the appointment of Mr. Sam Lawn as Chief Financial Officer of the Company, effective April 22, 2014. Prior to this appointment, Mr. Lawn held a senior executive position at RenRen Inc. (NYSE: RENN),…

Tri-Tech (TRIT)

Investor Alert
BEIJING, April 21, 2014 /PRNewswire/ -- Tri-Tech Holding Inc. (OTC: TRITF), which provides turn-key water resources management, water and wastewater treatment, industrial safety and pollution control solutions, announced today that, on April 14, 2014, Tri-Tech Holding Inc. (the "Registrant") received a letter (the "Nasdaq Letter") from the Chief Counsel of The Nasdaq Stock Market ("Nasdaq"), notifying…


Monday, April 21, 2014

Adgs Advisory (ADGS)

Comments & Business Outlook
ADGS ADVISORY, INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (IN US DOLLARS) > Management Discussion and Analysis Revenue For the Six Months Ended February 28, 2014 and February 28, 2013 Our business for the six months ended February 28, 2014 expanded rapidly. We recorded revenue of $2.6 million for the six months ended February 28, 2014, representing an increase of $0.7…

Autochina Intl (AUTCF)

Comments & Business Outlook
Fourth Quarter 2013 Results Total revenues of $238.3 million, up 359.0% from $51.9 million in the same quarter 2012. EPS of $0.16 per diluted share, compared to $0.11 per diluted share for the same quarter 2012. Mr. Yong Hui Li, Chairman and CEO of AutoChina, stated, "As we saw China's heavy truck industry begin to stabilize and recover over the course of 2013,…

Comments & Business Outlook
AUTOCHINA INTERNATIONAL LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOMEAND COMPREHENSIVE INCOME (in thousands except share and per share data) > > Management Discussion and Analysis Revenue Revenues for the year ended December 31, 2013 were $658.1 million, an increase of 97.6% from $333.1 million in the prior year period, as a result of a significant increase in commercial vehicles revenue…

Cd Intl (CDII)

Deal Flow
Item 8.01 Other Events. On November 1, 2013 China Direct Investments, Inc. and CDI Shanghai Management Co., Ltd., both wholly owned subsidiaries of CD International Enterprises, Inc., entered into a Consulting Agreement with Armco Metals Holdings, Inc. (NYSE MTK: AMCO), pursuant to which we will provide a variety of consulting services to Armco Metals Holdings under the terms of an agreement which expires on October 31, 2014. As compensation…

China Gengsheng Minerals (CHGS)

Investor Alert
GONGYI, China, April 18, 2014 /PRNewswire/ -- China GengSheng Minerals, Inc. (NYSE MKT: CHGS) (the "Company" or "GengSheng"), a leading China-based high-tech industrial materials manufacturer producing heat-resistant, energy-efficient materials for a variety of industrial applications, today announced that its audited consolidated financial statements for the fiscal year ended December 31, 2013, included in the Company's Annual Report on Form 10-K,…

China United Insurance Service (CUII)

Comments & Business Outlook
CHINA UNITED INSURANCE SERVICE, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME / (LOSS) > Management Discussion and Analysis Overview of the years ended June 30, 2013 and 2012 Revenues Revenues increased by $34,688,470, or 1,100%, from $3,153,776 for the year ended June 30 2012 to $37,842,246 for the year ended June 30, 2013. The increase in…

Chinaedu (CEDU)

Going Private News
BEIJING, April 18, 2014 /PRNewswire/ -- ChinaEdu Corporation (NASDAQ: CEDU) (the "Company"), a leading online educational services provider in China, today announced that, at an extraordinary general meeting held today, the Company's shareholders voted in favor of the proposal to approve the previously announced Agreement and Plan of Merger dated December 31, 2013 (the "Merger Agreement"), by and among the Company, ChinaEdu Holdings Limited (…

Chinanet Online Holdings (CNET)

Investor Alert
BEIJING, April 21, 2014 (GLOBE NEWSWIRE) -- ChinaNet Online Holdings, Inc. (Nasdaq:CNET) (the "ChinaNet" or "Company"), a leading B2B (business to business) Internet technology company focusing on providing online-to-offline ("O2O") sales channel expansion services for small and medium-sized enterprises ("SMEs") and entrepreneurial management and networking services for entrepreneurs in the People's Republic of China, today announced that…

Investor Alert
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. By a letter dated April 16, 2014, the Listing Qualifications Department of the NASDAQ Stock Market LLC (“NASDAQ”) advised ChinaNet Online Holdings, Inc. (the “Company”) that it no longer complies with the NASDAQ Listing Rule 5250(c)(1) for continued listing due to the…

Chindex Intl (CHDX)

Going Private News
Item 1.01 Entry into a Material Definitive Agreement. On April 18, 2014, Chindex International, Inc., a Delaware corporation (the “Company”), entered into the Amended and Restated Agreement and Plan of Merger , dated such date (the “Amended Merger Agreement”), by and among the Company, Healthy Harmony Holdings, L.P., a Cayman Islands limited partnership (“…

Joint Venture
BEIJING and BETHESDA, Md., April 21, 2014 /PRNewswire/ -- Chindex International, Inc. (NASDAQ: CHDX) ("Chindex" or the "Company"), an American healthcare company providing services in China through the operations of United Family Healthcare, a network of private primary care hospitals and affiliated ambulatory clinics, announced that it has entered into an amended and restated merger agreement (the "Amended Agreement") relating to the merger (…

Country Style Cooking (CCSC)

Comments & Business Outlook
CHONGQING, China, April 21, 2014 /PRNewswire/ -- Country Style Cooking Restaurant Chain Co., Ltd (NYSE: CCSC) ("Country Style Cooking" or the "Company"), a fast-growing quick service restaurant chain in China, today announced preliminary first quarter 2014 results. For the first quarter ended March 31, 2014, the Company opened a net total of 10 restaurants, bringing the total net restaurant count to 303, compared…

Isoftstone Holdings (ISS)

Going Private News
BEIJING, April 19, 2014 /PRNewswire/ -- iSoftStone Holdings Limited ("iSoftStone" or the "Company") (NYSE: ISS), a leading China-based IT services provider, today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with New iSoftStone Holdings Limited ("Parent") and New iSoftStone Acquisition Limited ("Merger Sub"), pursuant to which Parent will acquire iSoftStone (…

Perfect World Co (PWRD)

Acquisition Activity
BEIJING, April 21, 2014 /PRNewswire/ -- Perfect World Co., Ltd. (NASDAQ: PWRD) ("Perfect World" or the "Company"), a leading online game developer and operator based in China, today announced that it has entered into a share purchase agreement to acquire a total of 30,326,005 class A ordinary shares of Shanda Games Limited (NASDAQ: GAME) ("Shanda Games"), a leading online game…

Sino Gas Intl (SGAS)

Going Private News
Item 1.01. Entry into a Material Definitive Agreement. On April 16, 2014, Sino Gas International Holdings, Inc. (the “Company”) entered into an Amendment to the Agreement and Plan of Merger that the Company entered into on April 3, 2014 (Hong Kong time) with Prosperity Gas Holdings Limited, a Cayman Islands exempted company (“Parent”) and Merger Sub Gas Holdings Inc.,…

Sino Payments (SNPY)

Comments & Business Outlook
SINO PAYMENTS, INC. (A Development Stage Company) Condensed Statements of Operations (unaudited) > Management Discussion and Analysis Operating Expenses and Net Loss Operating expenses for the three months ended February 28, 2013 was $25,250 compared with $53,935 for the three months ended February 29, 2012. The decrease in operating expenditures was attributed to the fact that the Company had limited transactions and incurred less legal and…

Sinocoking Coal & Coke (SCOK)

Auditor trail
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) Departure of Officer Effective April 18, 2014, Zan Wu resigned as the registrant’s Chief Financial Officer, Treasurer and Secretary. (c) Appointment of New Officer Effective April 18, 2014, Song Lv was appointed as the registrant’s Chief Financial…

Skystar Bio-Pharma (SKBI)

Comments & Business Outlook
XI'AN, CHINA--(Marketwired - Apr 17, 2014) - Skystar Bio-Pharmaceutical Company (NASDAQ: SKBI) ("Skystar" or the "Company"), a China-based manufacturer and distributor of veterinary medicines, vaccines, micro-organisms and feed additives, announced the following updates to its patent portfolio: China's State Intellectual Property Office (SIPO) granted the Company patents in application status for two new products Additional two…

Tarena Intl (TEDU)

Joint Venture
BEIJING, April 21, 2014 (GLOBE NEWSWIRE) -- Tarena International, Inc. (Nasdaq:TEDU) ("Tarena" or the "Company"), a leading provider of professional education services in China, today announced that it has signed a cooperation agreement with Bank of China Consumer Finance Co., Ltd. (BOCCFC) to provide financing services for Tarena students. Pursuant to the agreement, BOCCFC will offer student loans to Tarena students to…

Tianli Agritech (OINK)

Acquisition Activity
Item 7.01 Regulation FD Disclosure. On April 18, 2014, we issued a press release reporting that our wholly owned VIE subsidiary, Wuhan Fengze Agricultural Science and Technology Development Co., Ltd. (“Fengze”), purchased the 40% minority equity interest in Hubei Tianzhili Breeder Hog Co., Ltd. (“Tianzhili’), through which we conduct our Black Hog Program in Enshi Prefecture, from Xiamen…

Utstarcom Holdings Corp Ordina (UTSI)

Comments & Business Outlook
UTSTARCOM HOLDINGS CORP. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) > Management Discussion and Analysis Fiscal 2013 vs. 2012 Net sales decreased by 11.9% to $164.4 million for 2013 compared to $186.7 million for 2012. The decrease mainly resulted from a $19.6 million decline in equipment sales which was primarily due to (i) a $25.5 million decrease in sales…

Viking Investments Group (VKIN)

Comments & Business Outlook
VIKING INVESTMENTS GROUP, INC.Consolidated Statements of Operations and Comprehensive Loss For the Years Ended December 31, 2013 and 2012 (Amounts expressed in US dollars) > Management Discussion and Analysis RESULTS OF CONTINUING OPERATIONS Revenue The Company had no revenue during the year ended December 31, 2013, and $47,066 in revenue during the year ended December 31,…

Vimicro Intl (VIMC)

Joint Venture
BEIJING, April 21, 2014 /PRNewswire/ -- Vimicro International Corporation (NASDAQ: VIMC) ("Vimicro" or the "Company"), a leading video processing IC and surveillance solution provider, today announced that the Company signed an agreement regarding SVAC-compliant chips with the First Research Institute of the Ministry of Public Security. The signing ceremony was held on April 18 in Beijing and was attended by: Party Secretary Mr. Wang Gang, Director Mr…

Yingli Green Energy (YGE)

Joint Venture
BAODING, China, April 21, 2014 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), the largest vertically integrated photovoltaic ("PV") module manufacturer in the world, known as "Yingli Solar," today announced that the Company's subsidiaries in China and France agreed to cooperate with a leading French PV module manufacturer ("French Partner") to join…

Yosen Group (YOSN)

Joint Venture
HANGZHOU, China, April 21, 2014 /PRNewswire / -- Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company") today announced that it has signed an agreement (the "Agreement") with Yiwu China Commodity City Information Technology Ltd. (CCCIT), a subsidiary of China Commodity City Group Ltd (CCC Group). Yosen Group and CCCIT will cooperate exclusively in cross border trade, e-…

Zap (ZAAP)

Deal Flow
Item 3.02 Unregistered Sales of Equity Securities From March 28, 2014 to the date of this Report, the Company authorized the issuance of an aggregate of 90,184,071 shares of its common stock. Of that amount, 29,184,071 shares (“Conversion Shares”) were issued upon the conversion of previously issued and outstanding debt securities of in the form of convertible notes of the Company at prices per share ranging…

Zoom Technologies (ZOOM)

Investor Alert
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On April 14, 2014, Zoom Technologies, Inc. (the "Company") received a letter from The NASDAQ Stock Market ("Nasdaq") that it had determined that, in light of the Company's appointment of Xinyue Jasmine Geffner on March 26, 2014, as previously disclosed in the Current Report on Form 8-…


Thursday, April 17, 2014

Advanced Semiconductor (ASX)

Comments & Business Outlook
ADVANCED SEMICONDUCTOR ENGINEERING, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Amounts in Thousands Except Earnings Per Share) > (Continued) > >…

American Heritage Intl (AHII)

Research
New Due Diligence Strengthens Short Thesis on American Heritage Reverse merger filings appear to mask the involvement of Daryl O.Anderson, one of the players in the AHII story. According to a source, it appears that Daryl Anderson changed his name to Cash Anderson. Daryl O. Anderson has been fined by the SEC due to his alleged involvement in past stock fraud schemes. Please see our full report here. To be among the first…

China Unicom (CHU)

Comments & Business Outlook
CHINA UNICOM (HONG KONG) LIMITED CONSOLIDATED STATEMENTS OF INCOME (All amounts in millions, except per share data) >…

China Xiniya Fashion (XNY)

Comments & Business Outlook
Fourth Quarter 2013 Financial Results Revenue during the fourth quarter of 2013 decreased 8.6% to RMB486.9 million, from RMB532.5 million in the fourth quarter of 2012; within the prior guidance range of (12)% to (8)%. Earnings per ADS were $0.14 in the fourth quarter of 2013 as compared to $0.16 per ADS in the fourth quarter of 2012; exceeded the prior guidance range of $0.05…

China Zenix Auto (ZX)

Comments & Business Outlook
2013 Fourth Quarter Financial Results Revenue for the fourth quarter ended December 31, 2013, was RMB982.7 million (US$162.3 million) from RMB800.1 million for the fourth quarter of 2012. Earnings per ordinary share and earnings per ADS in the fourth quarter of 2013 were RMB0.26 (US$0.04) and RMB1.05 (US$0.17), respectively. Mr. Junqiu Gao, deputy chief executive officer and chief sales and…

Cnooc (CEO)

Comments & Business Outlook
CNOOC LIMITEDCONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2011, 2012 AND 2013 (All amounts expressed in millions of Renminbi/US$, except per share data) >…

Highpower Intl (HPJ)

Deal Flow
Item 1.01 Entry Into a Material Definitive Agreement. On April 14, 2014, Highpower International, Inc., a Delaware corporation (“Highpower” or the “Company”) and certain institutional investors entered into a Securities Purchase Agreement, pursuant to which Highpower agreed to sell 1,000,000 shares of common stock and warrants exercisable for 500,000 shares of common stock in a registered direct offering at a price of…

Lentuo Intl (LAS)

Comments & Business Outlook
BEIJING, April 17, 2014 /PRNewswire/ -- Lentuo International Inc. (NYSE: LAS) ("Lentuo" or the "Company"), a leading non-state-owned automobile retailer headquartered in Beijing, today announced it has launched a quality certification program to support its growing Certified pre-owned car business and improve confidence and transparency in the pre-owned car industry. Effective today all of the Company's mid- to high-end pre-owned cars…

Tianyin Pharmaceuticals Co (TPI)

Hot Bio-Tech News
CHENGDU, China, April 16, 2014 /PRNewswire/ -- Tianyin Pharmaceutical Inc. (NYSE Amex: TPI), a pharmaceutical company that specializes in the development and sale of patented biopharmaceutical medicine, modernized traditional Chinese medicine (TCM), branded generics, and active pharmaceutical ingredients (API), updated regarding the recent progress of the Jiangchuan Macrolide Facility (JCM). JCM has developed a new line of Azithromycin (Azi) API products that support steady monthly…

Trina Solar (TSL)

Comments & Business Outlook
CHANGZHOU, China, April 17, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced two of its PV power plants in the United Kingdom have successfully completed connection to the grid. The company is an investor in and sole project developer for these projects, which have a total capacity…


Wednesday, April 16, 2014

Armco Metals Holdings (AMCO)

Acquisitions
SAN MATEO, CA--(Marketwired - Apr 16, 2014) - Armco Metals Holdings, Inc. ("Armco Metals") (NYSE MKT: AMCO), a distributor of imported metal ores and a steel recycler, today announced that it entered into a stock purchase agreement to acquire 100% of Draco Resources, Inc. ("Draco Resources"), a California-based corporation engaged in the exploration, mining, and trading of iron ore and…

Chang-On Intl (CAON)

Comments & Business Outlook
> > Management Discussion and Analysis Revenue We have not earned any revenues during the years ended December 31, 2013 and December 31, 2012. Loss Per Share Basic loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during each period. Diluted earnings per share is computed by dividing net income by the weighted average number of shares of common stock, common stock equivalents…

China Digital Tv Holdings (STV)

Joint Venture
BEIJING, April 16, 2014 /PRNewswire/ -- China Digital TV Holding Co., Ltd. (NYSE: STV) ("China Digital TV" or the "Company"), the leading provider of conditional access ("CA") systems and comprehensive services to China's expanding digital television market, today announced that it has reached an agreement with Beijing Gehua CATV Network Co Ltd ("Gehua") to establish a strategic partnership on cloud computing…

China Gengsheng Minerals (CHGS)

Comments & Business Outlook
China GengSheng Minerals, Inc. Consolidated Statements of Operations and Other Comprehensive Income (Loss) > Management Discussion and Analysis Net sales. Net sales decreased approximately $12.6 million, or 17.2%, to approximately $60.9 million in 2013 from approximately $73.5 million in 2012. Excluding foreign currency translation, the revenue decreased approximately $13.8 million, or 18.8% compared with 2012. The decrease was mainly attributable to the…

China Pediatric Pharmaceutical (CPDU)

Comments & Business Outlook
CHINA PEDIATRIC PHARMACEUTICALS, INC. > Management Discussion and Analysis Results of Operations for the Years Ended December 31, 2013 and 2012 Net sales During the year ended December 31, 2013, our gross sales have decreased by 74% to $4,224,407 from $16,391,702 for the year ended December 31, 2012. The decrease was in parts due to increased competition and our failure to implement a new sales model adopted in…

Cleantech Innovations (CTEK)

Comments & Business Outlook
CLEANTECH INNOVATIONS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS YEARS ENDED DECEMBER 31, 2013 AND 2012 > Management Discussion and Analysis NET SALES Net sales for the year ended December 31, 2013 increased to $5.89 million from $4.82 million for the comparable period of 2012, an increase of $1.07 million or 22%. Net sales for the…

Ctd Holdings (CTDH)

Joint Venture
ALACHUA, FL--(Marketwired - April 16, 2014) - CTD Holdings, Inc. (OTCQB: CTDH), a manufacturer and distributor of cyclodextrins for the pharmaceutical, medical device, cosmetics and other markets, announced today that it has closed on a Securities Purchase and Collaboration Agreement with Novit LP an affiliated entity of the USP Group, a major manufacturer and distributor of over-the-counter pharmaceutical products in Poland. The transaction involved the signing of a…

Cybrdi (CYDI)

Comments & Business Outlook
CYBRDI, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Audited) > Management Discussion and Analysis Revenue Cybrdi generates one category of revenue in 2013, including sales of tissue chip & kits products, and two categories of revenue in 2012, including sales of tissue chip & kits products and residential housing. The total revenue for the fiscal year ended December 31, 2013 was $574,261, a decrease of…

Dehaier Medical Systems (DHRM)

Hot Bio-Tech News
BEIJING, April 16, 2014 (GLOBE NEWSWIRE) -- Dehaier Medical Systems Ltd. (Nasdaq:DHRM) ("Dehaier" or the "Company"), an emerging leader in the development, assembly, marketing and sale of medical devices and sleep respiratory products in China, today announced that it will serve as the exclusive product-appointed distribution agent for some of the world's leading medical equipment companies in bidding for multiple government procurement projects in China, the procurement…

Forcefield Energy Inc Common (FNRG)

Comments & Business Outlook
FORCEFIELD ENERGY INC. Consolidated Statements of Operations and Comprehensive Loss For the Years Ended December 31, 2013 and 2012 > Management Discussion and Analysis Revenue Sales for the year ended December 31, 2013 totaled $343,636, compared to $240,238 for the year ended December 31, 2012. Sales were comprised of $236,672 in ORC revenue and $106,964 in LED revenues for the year ended December 31,…

Fusion Pharm (FSPM)

Investor Alert
From 2013 10K: In connection with the finalization of our 2013 financial statements, we have restated our 2012 financialstatements to reverse $500,000 of the $750,000 in revenue that was recognized during 2012 for thepreviously reported exclusive licensing arrangement with VertiFresh LLC (“VertiFresh”) for the use ofPharmPods growing technologies for agricultural products. The restatement was based on reevaluating thearrangement with VertiFresh which required $250,000 be paid during 2012 for the licensing of the…

Comments & Business Outlook
Backlog from 2013 10K As of December 31,2013 we had $804,548 of signed contracts under construction and had received$362,995 in deposits for the same. This represents a total of 30 PharmPod containers.As described in our Significant Accounting Policies, in accordance with U.S. GAAP, the Comp any recognizes revenue when pods are delivered, as such, revenue for these sales will be reflected in subsequent financial statements…

Great China INTL HLDGS (GCIH)

Comments & Business Outlook
GREAT CHINA INTERNATIONAL HOLDINGS, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME/(LOSS) FOR THE YEAR ENDED DECEMBER 31, 2013 AND 2012 > Management Discussion and Analysis Results of Operations Comparison of operations for year ended December 31, 2013 and 2012: The Company incurred a net loss of $1,814,398 for 2013, which is an improvement of $512,128,…

Himax Technologies (HIMX)

Comments & Business Outlook
HIMAX TECHNOLOGIES, INC. AND SUBSIDIARIES Consolidated Statements of Income Years ended December 31, 2011, 2012 and 2013 (in thousands of US dollars, except per share data) >…

Horiyoshi Worldwide Inc Common (HHWW)

Comments & Business Outlook
HORIYOSHI WORLDWIDE, INC. CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE LOSS > Management Discussion and Analysis Revenue We earned revenues of $862,198 for the year ended December 31, 2013 compared to revenues of $1,017,108 for the year ended December 31, 2012. Decreased revenues in 2013 can be attributed to our inability to produce and deliver a full collection for our fall/winter 2013 seasonal wholesale orders due to cash flow constraints…

Ifm Investments (CTC)

Joint Venture
BEIJING, April 16, 2014 /PRNewswire-FirstCall/ -- IFM Investments Limited (NYSE: CTC) ("Century 21 China Real Estate" or the "Company"), a leading comprehensive real estate services provider and the exclusive franchisor for the CENTURY 21� brand inChina, today announced that it is collaborating with The South China Morning Post, Hong Kong's leading English-language newspaper, to launch the SCMP-CTC Index, a leading price index for…

Ikang Health Care Group (KANG)

Comments & Business Outlook
BEIJING, April 16, 2014 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG) is pleased to announce the launch of its new website, www.ikanggroup.com. The Company's Investor Relations webpage is linked to this website to better serve its shareholders…

Jinkosolar Holdings (JKS)

Contract Awards
SHANGHAI, April 16, 2014 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the solar PV industry, today announced that its 24MW solar PV power plant in Xinyi, Jiangsu Province and 15MW solar PV power plant in Lianyungang, Jiangsu Province were successfully connected to the grid. The company has so far successfully connected to the grid for more than 252…

Radtek (RDTK)

Comments & Business Outlook
RADTEK, INC. (formerly USChina Taiwan, Inc.) CONSOLIDATED STATEMENTS OF INCOME FOR THE YEARS ENDED DECEMBER 31, 2013 AND 2012 > Management Discussion and Analysis Results of Operations. For the year ended December 31, 2013, we earned net revenues of $2,549,372. Our cost of sales was $1,573,541, resulting in a gross profit of $975,831. We paid depreciation and…

Rda Microelectronics (RDA)

Comments & Business Outlook
SHANGHAI, China, April 15, 2014 (GLOBE NEWSWIRE) -- RDA Microelectronics, Inc. (Nasdaq:RDA) ("RDA" or the "Company"), a fabless semiconductor company that designs, develops and markets wireless systems-on-chip and radio-frequency (RF) semiconductors for cellular, connectivity and broadcast applications, today announced sampling of its RDA5992 SoC solution integrating WiFi, Bluetooth and FM with a GPS receiver for mobile applications. The RDA5992 single…

Sgb Intl (SGBHF)

Comments & Business Outlook
SGB INTERNATIONAL HOLDINGS INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME(LOSS) (STATED IN US DOLLARS) > Management Discussion and Analysis Net Sales Our revenues are derived from the sales of coal. The overall revenue decreased by $5.48 million or 43% from $12.72 million in 2012 to $7.23 million in 2013. We…

Sparta Comm Services (SRCO)

Comments & Business Outlook
NEW YORK, NY--(Marketwired - Apr 16, 2014) - Sparta Commercial Services, Inc. (OTCQB: SRCO) announced today that for the second time in four months, Candor, NC has selected Sparta's Municipal Lease Program for the acquisition of essential major equipment for the municipality. The latest transaction is for a new Fire Department Brush Truck that will replace a thirty-year old unit. The previous transaction, which occurred in January, 2014,…

Uan Cultural & Creative (UCCC)

Comments & Business Outlook
UAN Cultural & Creative Co., Ltd. and Subsidiaries (A Development Stage Company) Consolidated Statements of Operations and Comprehensive Income (Loss) > Management Discussion and Analysis Revenues We have had no revenue for the years ended December 31, 2013 and 2012. Net Income (Loss) We had a net loss from operations of $176,040 for the year ended December, 31, 2013, compared to…

Yingli Green Energy (YGE)

Joint Venture
BAODING, China, April 16, 2014 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), the largest vertically integrated photovoltaic ("PV") module manufacturer in the world, also known as "Yingli Solar", today announced that its wholly-owned subsidiary, Yingli Energy (China) Company Limited ("Yingli China") has signed a cooperation agreement (the…

Yus Intl Group Ltd (YUSG)

Comments & Business Outlook
YUS INTERNATIONAL GROUP LIMITEDSTATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2013 AND 2012 > Management Discussion and Analysis Revenues Revenue for the twelve months ended December 31, 2013 was Nil, representing a 100% decrease when compared to $64 for the same period last year. There was a change of control in May 2013. Originally, the new management had no intention to change…

Zap (ZAAP)

Comments & Business Outlook
> Management Discussion and Analysis Results of Operations Year Ended December 31, 2013 Compared to Year Ended December 31, 2012 Net sales increased by $1.3million, from $50.3 million for the year ended December 31, 2012 to $51.5 million for the year ended December 31, 2013. This increase primarily related to the sales of minivans and spare parts. Jonway’s sales contributed $50.6 million and $49…


Tuesday, April 15, 2014

21 Vianet Group (VNET)

Comments & Business Outlook
BEIJING, April 15, 2014 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq:VNET) ("21Vianet" or the "Company"), the largest carrier-neutral internet data center services provider in China, today announced that Microsoft Corporation's (Nasdaq:MSFT) Office 365 services are now generally available to all paying customers in China, delivering for the first time the familiar Office productivity suite, now equipped with more advanced communication and collaboration tools,…

Aj Greentech Holdings Ltd Com (AJGH)

Comments & Business Outlook
> Management Discussion and Analysis Results of Operations For the year ended December 31, 2013, we derived our revenues of $2,051,610 from the consulting service, sales of methanol-based and ethanol based fuels to our customers, comparing to $2,128,701 for the year ended December 31, 2012. Our gross profit margin during the year ended December 31, 2013 was 9.9%, comparing to 9.2% in last year. This…

Armco Metals Holdings (AMCO)

Deal Flow
Item 3.02 Unregistered Sales of Equity Securities. Between April 8, 2014 and April 8, 2014 the holders of an aggregate of $5,554,467 principal amount of our convertible notes issued in January 2014 and February 2014 converted the principal and accrued unpaid interest due under those notes into an aggregate of 17,521,978 shares of our common stock. The issuances were exempt from registration under the Securities Act of 1933, as…

Bohai Pharmaceuticals (BOPH)

Comments & Business Outlook
Item 8.01 Other Events Bohai Pharmaceuticals Group, Inc. (the “Company”) is hereby publishing its preliminary financial guidance for the third quarter of fiscal year 2014 ended March 31, 2014. The Company is seeking to be a leading Traditional Chinese Medicine manufacturer in China. Since its debut in US capital markets in 2011, the Company’s revenues has grown from $59.2 million for fiscal year 2011 to $151…

Ceetop (CTOP)

Comments & Business Outlook
> Management Discussion and Analysis Overall Operating Results: Net Sales. For the year ended December 31, 2013, sales were $nil, compared to $4,774,156 for the year ended December 31, 2012. This decrease in net sales was due to the Company’s transition from online retail sales to B to B supply chain service. Net Loss. The Company’s net loss was $2,886,599 and $…

China Information (CNIT)

Comments & Business Outlook
SHENZHEN, China, April 15, 2014 /PRNewswire/ -- China Information Technology, Inc. ("CNIT" or the "Company") (Nasdaq: CNIT), a leading provider of integrated cloud-based solutions including Internet-of-Things ("IoT"), public InfoCloud, WeMedia platform, Smart City and other Internet-related services in China, today announced its financial results for the second-half and fiscal year ended December 31, 2013…

Chinanet Online Holdings (CHNT)

Investor Alert
Item 8.01. Other Events. On March 31, 2014, ChinaNet Online Holdings, Inc. (the “Company”) filed a Form 12b-25, Notification of Late Filing, with the Securities and Exchange Commission (the “SEC”) with regard to its Annual Report on Form 10-K for the fiscal year ended December 31, 2013 (the “2013 Form 10-K”), indicating…

Investor Alert
Item 8.01. Other Events. On March 31, 2014, ChinaNet Online Holdings, Inc. (the “Company”) filed a Form 12b-25, Notification of Late Filing, with the Securities and Exchange Commission (the “SEC”) with regard to its Annual Report on Form 10-K for the fiscal year ended December 31, 2013 (the “2013 Form 10-K”), indicating…

HCi VioCare (CNMV)

Comments & Business Outlook
> > Management Discussion and Analysis Results of Operations for the Year ended December 31, 2013 Compared to the Year ended December 31, 2012 We have experienced losses since inception. We generated $0 in revenues from operations during the year ended December 31, 2013 and December 31, 2012. Expenses during the year ended December 31, 2013 were $1,338,538 which consisted of office rent…

Highpower Intl (HPJ)

Comments & Business Outlook
SAN FRANCISCO, USA and SHENZHEN, CHINA--(Marketwired - Apr 15, 2014) - Highpower International, Inc. (NASDAQ: HPJ), a developer, manufacturer, and marketer of lithium and nickel-metal hydride (Ni-MH) rechargeable batteries, and a battery management solution and recycling provider, today announced that the Company's subsidiary, Huizhou Highpower, has officially become a supplier to SONY and has begun receiving orders and shipping products. The initial orders…

Huaneng Power (HNP)

Comments & Business Outlook
Huaneng Power International, Inc. Consolidated Statements of Comprehensive Income/(loss) For the years ended December 31, 2013, 2012 and 2011 (Prepared in accordance with International Financial Reporting Standards) (Amounts expressed in thousands of RMB except per share data) >…

L&l Energy (LLEN)

Deal Flow
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing On April 8, 2014, L & L Energy, Inc. (the “Company”) notified the NASDAQ Stock Market (the “NASDAQ”) of its intention to voluntarily delist its common stock from the NASDAQ. The Company intends to file a Form 25…

Investor Alert
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing On April 8, 2014, L & L Energy, Inc. (the “Company”) notified the NASDAQ Stock Market (the “NASDAQ”) of its intention to voluntarily delist its common stock from the NASDAQ. The Company intends to file a Form 25 with the Securities and Exchange Commission on or…

Living 3d Holdings (LTDH)

Comments & Business Outlook
> Management Discussion and Analysis Results From Operations Revenues. For the years ended December 31, 2013 and December 31, 2012, revenues were $6,104 and $-0-, respectively, an increase of $6,104. The revenues for the year ended December 31, 2013 were derived from sales of 3D technology products manufactured by third parties. The increase in revenue is due to a lack of sales for the year of 2012…

Nova Lifestyle (NVFY)

Deal Flow
Item 1.01 Entry into a Material Definitive Agreement. As disclosed in Nova LifeStyle, Inc.'s (the “Company”) Current Report on Form 8-K filed with the Securities and Exchange Commission on April 14, 2014, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain purchasers identified on the signature pages thereto (the “Buyers”) pursuant to which…

Organovo Holdings (ONVO)

Company Rebuttal
SAN DIEGO, April 15, 2014 /PRNewswire/ -- Organovo Holdings, Inc. (NYSE MKT: ONVO), the San Diego-based regenerative medicine company focused on using its breakthrough NovoGen 3D human tissue printing technology to create tissue on demand for medical research and therapeutic applications, today commented on recent reports published by two unaffiliated firms: "Over the past two months, new and unknown firms have issued articles and reports on Organovo, without speaking to Organovo…

Powin Corp Common (PWON)

Comments & Business Outlook
> > Management Discussion and Analysis Contract manufacturing revenues were down $23.0M or 65.0% in 2013 as compared to 2012. The primary reason for this decline was the loss of the segment’s three largest customers, including a previously disclosed related-party. These long-time customers each began sourcing their manufacturing directly from factories in China to reduce costs. Revenues for the manufacturing segment were down $1.2M or 20.9%…

Semileds (LEDS)

Comments & Business Outlook
Second Quarter 2014 Financial Results Revenue for the second quarter of fiscal 2014 was $4.2 million, a 22% increase compared to $3.4 million in the first quarter of fiscal 2014. On a non-GAAP basis, net loss attributable to SemiLEDs stockholders for the second quarter of fiscal 2014 was $5.9 million, or a net loss of $0.21 per diluted share, compared to non-GAAP net loss attributable to SemiLEDs stockholders…

Small Business Development Gro (SBDG)

Deal Flow
SAINT CLOUD, FL--(Marketwired - Apr 15, 2014) - Small Business Development Group, Inc. (OTC Pink: SBDG) (PINKSHEETS: SBDG) has announced that it has signed a term sheet for $3,500,000 with Marquette Business Credit, Inc., an asset-based lender, to fund the growth of Production Partners Chemical Inc. This new credit facility is an increase of $2,000,000 over the existing credit line, which…

Smartheat (HEAT)

Comments & Business Outlook
SMARTHEAT INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS > Management Discussion and Analysis Sales. Net sales in the year ended December 31, 2013, were $44.71 million, consisting of $27.39 million for PHEs, $10.49 million for PHE Units, $1.13 million for heat meters and $5.70 million for HPs, while net sales in the year ended December…

Sterling Group Ventures (SGGV)

Comments & Business Outlook
STERLING GROUP VENTURES, INC.(An Exploration Stage Company)CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONSFor the three months and nine months ended February 28, 2014 and 2013 andfor the period from July 27, 1994 (date of inception) to February 28, 2014(Unaudited) > Management Discussion and Analysis Results Of Operations The Company had no operating revenue except interest income of $620 for the quarter ended February 28, 2014 compared with interest income of $5,354 for…

Sunway Global (SUWG)

Comments & Business Outlook
SUNWAY GLOBAL INC.CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2013 AND 2012 (Stated in US Dollars) (Unaudited) > Management Discussion and Analysis Net Revenue Net revenue for the fiscal year ended December 31, 2013, which resulted primarily from sales of PTS, SADP, spare parts and supporting service, were $8,008,897, a decrease of 17.89% as…

Trunkbow Intl (TBOW)

Going Private News
BEIJING, April 15, 2014 /PRNewswire/ -- Trunkbow International Holdings Limited (NASDAQ: TBOW) ("Trunkbow" or the "Company"), a leading provider of mobile payment solutions and mobile value added services in the PRC, today announced the completion of the merger (the "Merger") contemplated by the previously announced Agreement and Plan of Merger (the "Merger Agreement"), dated December 10, 2013, by and among the Company,…

Comments & Business Outlook
INTRODUCTORY NOTE On April 14, 2014, Trunkbow International Holdings Limited (the “Company”), completed its merger (the “Merger”) with Trunkbow International Merger Sub Limited (“Merger Sub”), a Nevada corporation and a wholly owned subsidiary of Trunkbow Merger Group Limited, a business company with limited liability incorporated under the laws of the British Virgin Islands (“Parent”…

Us China Mining Group (SGZH)

Comments & Business Outlook
> > Management Discussion and Analysis Sales. China’s coal industry saw another downturn in 2013 due to the slow-down of the national economy and the government’s recent efforts to float coal prices and loosen controls on the import and export of coal. The result has been a growing surplus of supply over demand, continuously falling market prices for coal, especially power coal, and higher consumption…

Yus Intl Group Ltd (YUSG)

Auditor trail
Item 4.01 Changes in Registrant’s Certifying Accountant Dismissal of Previous Independent Auditors On April 8, 2014, Albert Wong & Co. (“Wong”) resigned from the position of the independent registered accounting firm of YUS International Group Limited (the “Company” or “we”, “us”). Wong's report on the financial statements…


Monday, April 14, 2014

Ari Network Services (ARIS)

Comments & Business Outlook
MILWAUKEE, April 14, 2014 (GLOBE NEWSWIRE) -- ARI Network Services, Inc. (Nasdaq:ARIS) announced today that it has signed an agreement with a leading home medical equipment (HME) wholesale distributor to offer the distributor's network of more than 8,000 independent HME providers ARI's award-winning eCommerce websites. ARI is the exclusive provider of HME websites featuring integrated product data feeds from more than 50 of the industry's leading manufacturers and distributors…

Chindex Intl (CHDX)

Going Private News
BEIJING and BETHESDA, Md., April 14, 2014 /PRNewswire/ -- Chindex International, Inc. (NASDAQ: CHDX) ("Chindex" or the "Company"), an American healthcare company providing services in China through the operations of United Family Healthcare, a network of private primary care hospitals and affiliated ambulatory clinics, today announced the receipt of an offer from a financial bidder to acquire all of the outstanding shares of Chindex common stock for $…

Ever-Glory Intl (EVK)

Comments & Business Outlook
NANJING, China, April 14, 2014 /PRNewswire/ -- Ever-Glory International Group, Inc. (the "Company" or "Ever-Glory") (NYSE MKT: EVK), a leading apparel supply chain manager and retailer based in China, today reported its financial results for its fiscal year ended December 31, 2013. Total sales for the year ended December 31, 2013 were $368.1 million, an increase of 31.6% from…

Fuwei Films Co (FFHL)

Comments & Business Outlook
Fourth Quarter 2013 Financial Results Revenues for the fourth quarter of 2013 were RMB75.1 million or US$12.4 million, compared with RMB100.7 million in the fourth quarter of 2012, a decrease of RMB25.6 million, or 25.4% Basic and diluted loss per share was RMB0.04or US$0.01, compared with basic and diluted loss per share of RMB0.96 in the fourth quarter of 2012. Mr. Xiaoan He,…

General Steel Holdings (GSI)

Contract Awards
BEIJING, April 14, 2014 /PRNewswire/ -- General Steel Holdings, Inc. ("General Steel" or the "Company") (NYSE: GSI), a leading non-state-owned steel producer in China, announced today that its principal manufacturing facility, Shaanxi Longmen Iron and Steel Co., Ltd. ("Longmen Joint Venture"), has signed a supply agreement with Rio Tinto Iron Ore Asia Pte. Ltd. ("Rio Tinto"…

Great China Mania Holdings Inc (GMEC)

Comments & Business Outlook
GREAT CHINA MANIA HOLDINGS, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF OPERATIONS Year ended December 31, 2013 > Management Discussion and Analysis Sales revenue increased by $379,324 to $2,310,329 for the year ended December 31, 2013 as compared to $1,931,005 for 2012, representing a 19.64% increase. The increase in revenue was mainly due to the increase of $454,779 by the artists’…

Highpower Intl (HPJ)

Deal Flow
SAN FRANCISCO, CA and SHENZHEN, CHINA--(Marketwired - Apr 14, 2014) - Highpower International, Inc. (NASDAQ: HPJ), a developer, manufacturer, and marketer of lithium and nickel-metal hydride (Ni-MH) rechargeable batteries, and a battery management systems and battery recycling provider, today announced that it has entered into definitive purchase agreements with several institutional investors for the sale of its common stock in a registered direct offering. The Company…

Ifm Investments (CTC)

Comments & Business Outlook
BEIJING, April 14, 2014 /PRNewswire-FirstCall/ -- IFM Investments Limited (NYSE: CTC) ("Century 21 China Real Estate" or the "Company"), a leading comprehensive real estate services provider and the exclusive franchisor for the CENTURY 21® brand in China, today announced that it has signed a regional franchise agreement with Gansu Chuanghe Times Investment Co., Ltd. ("Chuanghe Times"), a Lanzhou-based investment firm…

Investor Alert
BEIJING, April 12, 2014 /PRNewswire-FirstCall/ -- IFM Investments Limited (NYSE: CTC) ("Century 21 China Real Estate" or the "Company"), a leading comprehensive real estate services provider and the exclusive franchisor for the CENTURY 21" brand in China, today announced that it received a notice from the New York Stock Exchange, Inc. ("NYSE") that it is not in compliance with one of the continued listing standards…

Ja Solar Holdings (JASO)

Comments & Business Outlook
SHANGHAI, China, April 14, 2014 (GLOBE NEWSWIRE) -- JA Solar Holdings Co., Ltd. (Nasdaq:JASO) ("JA Solar" or the "Company"), one of the world's largest manufacturers of high-performance solar power products, today announced preliminary results for its first quarter ended March 31, 2014. Based on preliminary financial information, JA Solar currently expects total shipment volume in the first quarter of 2014 to exceed 620…

Kandi Technolgies Group (KNDI)

Comments & Business Outlook
JINHUA, China, April 14, 2014 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company" or "Kandi") (Nasdaq:KNDI), announced today that Mr. Jing Ma, the Deputy Director of Electric Vehicles Development from the Shanghai Municipal Commission of Economic and Information Technology, Standing Committee member from Shanghai Jinshan District, along with the Vice Mayor of Jinshan District, Mr. Huadi Shen, and other government officials visited Kandi…

Lexaria Corp (LXRP)

Deal Flow
Item 1.01 Entry into a Material Agreement Item 3.02 Unregistered Sales of Equity Securities The Company appointed Mr. Jeff Paikin to its Advisory Board for a period of not less than one year, but to be determined by certain performance thresholds described in the letter. Upon signing of the letter of acceptance the Company issued 110,000 common shares at a deemed price of $0.39. Based on the milestones listed in the letter, Mr. Paikin can…

Moxian China (MOXC)

Reverse Merger Activity
On February 21, 2014, we entered into a License and Acquisition Agreement with MOXG (the “License and Acquisition Agreement”), whereby we (i) acquired all the equity interests of Moxian BVI, and (ii) obtained the license to use the intellectual property rights (as define below) of MOXG. Pursuant to the License and Acquisition Agreement, MOXG agreed to sell, convey, and transfer 100% of the equity interests of Moxian…

Natural Health Trends (NHTC)

Comments & Business Outlook
DALLAS, April 14, 2014 (GLOBE NEWSWIRE) -- Natural Health Trends Corp. (OTCQB:NHTC) estimates revenue for the quarter ended March 31, 2014 to be $23.1 million. The Company also estimates that its deferred revenue at March 31, 2014 was $7.9 million, compared to $2.6 million at December 31, 2013. In the first quarter of 2013, revenue was $8.7 million, with deferred revenue…

Neostem (NBS)

Going Private News
Item 1.01. Entry into a Material Definitive Agreement. California Stem Cell, Inc. Merger Agreement On April 11, 2014, NeoStem, Inc., a Delaware corporation (“NeoStem” or the “Company”) and California Stem Cell, Inc., a Delaware corporation (“CSC”), entered into an Agreement and Plan of Merger (as such agreement may be amended…

Nova Lifestyle (NVFY)

Going Private News
Item 1.01 Entry into a Material Definitive Agreement On April 14, 2014, Nova LifeStyle, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain purchasers identified on the signature pages thereto (the “Buyers”) pursuant to which the Company will sell to the Buyers, in a registered direct offering, an aggregate of 1,…

Deal Flow
Nova LifeStyle, Inc. Pursuant to this prospectus supplement and the accompanying prospectus, we are offering to investors 1,320,059 shares of our common stock (the “Shares”) together with the following warrants: (i) Series A warrants to purchase up to an aggregate of 660,030 shares of common stock at an exercise price of $8.48 per share (the “Series A Warrants”); (ii)…

Retrophin Inc (RTRX)

Comments & Business Outlook
NEW YORK--(BUSINESS WIRE)--Retrophin, Inc. (NASDAQ:RTRX) today announced it is updating its revenue outlook for 2014 and 2015. “We are very pleased with the site-initiation process, enrollment-to-date and investigator enthusiasm for sparsentan in FSGS.” > “Reimbursement of Chenodal has remained robust, and initial efforts to find undiagnosed cerebrotendinous xanthomatosis (CTX) patients are promising,…

Sino Agro Foods (SIAF)

Comments & Business Outlook
SINO AGRO FOOD, INC. CONSOLIDATED STATEMENTS OF INCOME AND OTHER COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2013 AND 2012 > Management Discussion and Analysis Revenues (sale of goods) Revenues generated from sale of goods increased by $120,541,714 (or 137% from $88,072,327 for the year ended December 31, 2012 to $ 208,614,041 for the year ended December 31, 2013). The…

Sino Gas Intl (SGAS)

Comments & Business Outlook
Sino Gas International Holdings, Inc. Consolidated Statements of Income and Comprehensive Income For the years ended December 31, 2013 and 2012 (Stated in US Dollars) > Management Discussion and Analysis Net Revenues We generate revenues from two sources: connection fees for constructing connections to our natural gas distribution network, and sales of natural gas. Total net revenues for the year ended December 31, 2013…

Sinocoking Coal & Coke (SCOK)

Auditor trail
Item 4.01. Changes in Registrant’s Certifying Accountant. Effective April 9, 2014, the registrant terminated Friedman LLP (“Friedman”) as its independent auditors. This action was approved by the Audit Committee of the registrant’s Board of Directors (the “Board”), and ratified by the Board. The reports of Friedman on the registrant’s financial statements as of…

Tianli Agritech (OINK)

Deal Flow
Item 1.01 Entry into a Material Definitive Agreement. On April 10, 2014, we entered into a subscription agreement with Mr. Ping Wang, our Chairman and CEO, for the issuance and sale of 2,600,000 of our common shares (the “Shares”), representing approximately 15.33% of our then outstanding 16,964,000 common shares, for a total purchase price of $5,720,000, or $2.20 per share…

Trina Solar (TSL)

Comments & Business Outlook
CHANGZHOU, China, April 11, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic (PV) modules, solutions and services, today announced that the Company is updating its guidance for the first quarter of 2014 based on preliminary financial data. For the first quarter, the Company currently estimates its solar module shipments to be in the range of 540…

Trunkbow Intl (TBOW)

Going Private News
BEIJING, April 14, 2014 /PRNewswire/ -- Trunkbow International Holdings Limited (NASDAQ: TBOW) ("Trunkbow" or the "Company"), a leading provider of mobile payment solutions and mobile value added services in the PRC, today announced that, at a special meeting of the stockholders of the Company held today, the Company's stockholders voted in favor of the proposal to adopt the previously announced Agreement and Plan of Merger (the "Merger Agreement"…

Comments & Business Outlook
Item 5.07 Submission of Matters to a Vote of Security Holders. On April 14, 2014, Trunkbow International Holdings Limited (the “Company”) convened its special meeting of stockholders (the “Special Meeting”). The purposes of the Special Meeting, as described in detail in the Company’s definitive proxy statement dated March 10, 2014, as supplemented by a supplement dated April 7,…

Volitionrx (VNRX)

Deal Flow
CALCULATION OF REGISTRATION FEE(1) >…

Yingli Green Energy (YGE)

Contract Awards
BAODING, China, April 14, 2014 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company,") the largest vertically integrated photovoltaic ("PV") module manufacturer in the world, known as "Yingli Solar," today announced that its wholly-owned subsidiary, Yingli Energy (China) Company Limited ("Yingli China,") has entered into a framework agreement with…

Yosen Group (YOSN)

Comments & Business Outlook
YOSEN GROUP, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS YEARS ENDED DECEMBER 31, > Management Discussion and Analysis Total Company Net Sales Net sales for 2013 totaled $12,787,878, a year-over-year decrease of $8,709,246 or 40.5% compared to $21,497,124 for 2012. The decrease was primarily due to the Company’s reorganization and refocusing its product mix. The decrease is also…


Friday, April 11, 2014

Autonavi Holdings (AMAP)

Going Private News
BEIJING, April 11, 2014 (GLOBE NEWSWIRE) -- AutoNavi Holdings Limited (Nasdaq:AMAP) ("AutoNavi" or the "Company"), a leading provider of digital map content and navigation and location-based solutions in China, today announced that it entered into a definitive merger agreement to be acquired by an affiliate of Alibaba Group Holding Limited ("Alibaba"), a global e-commerce leader and the largest e-commerce company in China. Pursuant…

Cazador Acquisition (CAZA)

Auditor trail
Item 4.01 Changes in Registrant’s Certifying Accountant. On April 4, 2014, Net Element, Inc.’s (the “Company”) current auditor, BDO USA LLP (“BDO”), informed the Company and its Audit Committee of its decision to not stand for re-election after completion of the audit of the Company’s consolidated financial statements for the year ended December 31,…

Chinacache Intl (CCIH)

Joint Venture
BEIJING, April 11, 2014 (GLOBE NEWSWIRE) -- ChinaCache International Holdings Ltd. ("ChinaCache" or the "Company") (Nasdaq:CCIH), the leading total solutions provider of Internet content and application delivery services in China, today announced that it has signed a framework agreement ("agreement") with People.cn (Shanghai:603000), a large-scale information interaction platform constructed by People's Daily, relating to ChinaCache Atecsys International Data Center (…

Dehaier Medical Systems (DHRM)

CFO Trail
BEIJING, April 11, 2014 (GLOBE NEWSWIRE) -- Dehaier Medical Systems Ltd. (Nasdaq:DHRM) ("Dehaier" or the "Company"), an emerging leader in development, assembly, marketing and sale of medical devices and sleep respiratory products in China, today announced that it has appointed Huili (Alisa) Li as its new Chief Financial Officer and as a Director, in both cases to replace Mr. Jingli (Charles) Li, who…

Gigamedia (GIGM)

Comments & Business Outlook
Fourth Quarter 2013 Financial Results Consolidated revenues for the fourth quarter of 2013 were $3.4 million; this compared to $3.8 million in the third quarter of 2013 and $4.8 million in the fourth quarter of 2012. Net Loss Per Share Attributable to GigaMedia, Diluted was 0.60 vs. 0.30 from the previous years quarter "A year ago, GigaMedia was a struggling games business saddled with old games and outdated technology,"…

Ion Geophysical (IO)

Deal Flow
ION Geophysical Corporation EXCHANGE OFFER FOR $175,000,000 8.125% SENIOR SECURED SECOND PRIORITY NOTES DUE 2018 AND RELATED GUARANTEES The exchange offer will expire at 5:00 p.m., New York City time, on May 9, 2014 (the “expiration date”), unless we extend the exchange offer in our sole and absolute discretion. We are offering to exchange up to $175.0 million aggregate principal…

Nq Mobile (NQ)

Comments & Business Outlook
Fourth Quarter of 2013 Financial Results Record Net Revenues of $67.9 million, Up 126.0% Year-over-Year Non-GAAP fully diluted earnings per ADS[3] (one ADS represents five Class A common shares) of $0.22 for the fourth quarter of 2013 vs last years quarter of $0.23 "I am pleased to report that we once again achieved record revenues in the fourth quarter of 2013 and for the full year,"…

Rda Microelectronics (RDA)

Comments & Business Outlook
SHANGHAI, China, April 10, 2014 (GLOBE NEWSWIRE) -- RDA Microelectronics, Inc. (Nasdaq:RDA) ("RDA" or the "Company"), a fabless semiconductor company that designs, develops and markets wireless systems-on-chip and radio-frequency (RF) semiconductors for cellular, connectivity and broadcast applications, today announced sampling of its RDA5992 SoC solution integrating WiFi, Bluetooth and FM with a GPS receiver for mobile applications. The RDA5992 single…

Sina (SINA)

Notable Share Transactions
SHANGHAI, April 11, 2014 /PRNewswire/ -- SINA Corporation (the "Company" or "SINA") (NASDAQ GS: SINA), a leading Internet media company serving China and the global Chinese communities, today announced that the board of directors of the Company has approved a new share repurchase program whereby SINA is authorized to repurchase its own ordinary shares with an aggregate value of up to US$500 million. The Company expects to fund the repurchase out…

Tianli Agritech (OINK)

Notable Share Transactions
WUHAN CITY, China, April 11, 2014 /PRNewswire/ -- Tianli Agritech, Inc. (NASDAQ:OINK) ("Tianli" or the "Company"), a leading producer of breeder hogs, market hogs and black hogs headquartered in Wuhan City, China, today announced that the Company has completed a $5.72 million private placement of its common stock (the "Offering") to Mr. Ping Wang, the Company's newly appointed Chairman…

Visionchina Media (VISN)

Joint Venture
BEIJING, April 11, 2014 /PRNewswire/ -- VisionChina Media Inc. ("VisionChina Media" or the "Company") (Nasdaq: VISN), one of China's largest out-of-home digital television advertising networks on mass transportation systems, today announced it has entered into a strategic partnership with China United Network Communications Group Co., Ltd. ("China Unicom"), China's second largest mobile communications operator. The signing represents a key…

Wireless Telecom Group (WTT)

Notable Share Transactions
PARSIPPANY, N.J.--(BUSINESS WIRE)--Wireless Telecom Group, Inc. (NYSE MKT:WTT) announced today that the Company has repurchased 4,815,110 shares of its common stock, representing approximately 20% of its total shares outstanding (prior to the repurchase), from its largest shareholder, Investcorp Technology Ventures L.P. and its affiliates (“Investcorp”), for an aggregate purchase price of approximately $9.6 million,…

Yingli Green Energy (YGE)

Comments & Business Outlook
BAODING, China, April 11, 2014 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), the world's largest vertically integrated photovoltaic ("PV") manufacturer, known as "Yingli Solar", today announced its preliminary estimates of certain financial results for the first quarter of 2014. The Company estimates that its PV module shipments in the first quarter of 2014…

Contract Awards
--with Grid Connection Permission and Committed Bank Loans BAODING, China, April 11, 2014 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), the largest vertically integrated photovoltaic ("PV") module manufacturer in the world, known as "Yingli Solar," today announced the commencement of construction of its two ground-mounted PV plants in Hebei Province…


Thursday, April 10, 2014

China Auto Logistics (CALI)

Comments & Business Outlook
TIANJIN, CHINA--(Marketwired - Apr 10, 2014) - China Auto Logistics Inc. (the "Company" or "CALI") (NASDAQ: CALI), a top seller in China of luxury imported automobiles, and a leading provider of auto-related services, reported today a lower year over year small profit for the year ended December 31, 2013, as it sought to maintain leadership in China's highly competitive luxury imported vehicle market. In…

China Xiniya Fashion (XNY)

Comments & Business Outlook
CHINA XINIYA FASHION LIMITEDCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Expressed in Thousands of Chinese Renminbi Yuan, except share and per share amounts) For the Years Ended December 31, 2011, 2012 and 2013 > Management Discussion and Analysis Year ended December 31, 2013 compared to year ended December 31, 2012 Revenues Our revenues decreased by RMB62.9 million ($10.4 million) or 4.5% from RMB1,383…

Chinanet Online Holdings (CNET)

Comments & Business Outlook
BEIJING, April 10, 2014 (GLOBE NEWSWIRE) -- ChinaNet Online Holdings, Inc. (Nasdaq:CNET) (the "ChinaNet" or "Company"), a leading B2B (business to business) Internet technology company focusing on providing online-to-offline ("O2O") sales channel expansion services for small and medium-sized enterprises ("SMEs") and entrepreneurial management and networking services for entrepreneurs in the People's Republic of China, today announced that…

Chipmos Technologies (IMOS)

Comments & Business Outlook
HSINCHU, April 10, 2014 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company'') (NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and testing services ("OSAT"), today reported its unaudited consolidated revenue for the month of March 2014 and first quarter ended March 31, 2014. Revenue for the month of March 2014 was NT$1,740.0 million…

Elong (LONG)

Comments & Business Outlook
BEIJING, April 10, 2014 /PRNewswire/ -- eLong, Inc. (Nasdaq: LONG), a leading mobile and online travel service provider in China, today announced that eLong and Tongcheng Network Technology Share Co., Ltd. ("Tongcheng") have entered into a Strategic Cooperation Agreement. Tongcheng (www.LY.com) is a leading PRC online travel agency focused on leisure travel and based in Suzhou, China. Under the agreement, eLong…

Firstime Design (FTDL)

Comments & Business Outlook
First Quarter 2014 Results Sales for the three months ended March 31, 2014, of $2,052,000 an increase of 12.5% compared to the same period last year. EPS for the three months ended March 31, 2014 of $0.09 vs $0.09 in the prior year. Christopher D. Bering, FirsTime’s President and CEO said, “the growth in sales reflects strong execution across all aspects…

Gain Capital Holdings (GCAP)

Comments & Business Outlook
BEDMINSTER, N.J., April 10, 2014 /PRNewswire/ -- GAIN Capital Holdings, Inc. (NYSE: GCAP, "GAIN" or "the Company") today reported certain operating metrics for the month of March 2014. Retail metrics Retail OTC trading volume[1] of $184.6 billion, an increase of 9.0% from February 2014 and an increase of 31.1% from March 2013. Average…

Innocap (INNO)

Comments & Business Outlook
JOE’S JEANS INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF NET INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) (in thousands, except per share data) > Management Discussion and Analysis Net Sales Our overall net sales increased to $47,344,000 for the first quarter of fiscal 2014 from $29,430,000 for the first quarter of fiscal 2013, a 61 percent increase. More specifically, our…

Intl Packaging (IPLO)

Comments & Business Outlook
International Packaging and Logistics Group, Inc., and Subsidiaries Consolidated Statement of Operations And Comprehensive Income (Loss) As of December 31, 2013 and 2012 > Management Discussion and Analysis Revenue: For the years ending December 31, 2013 and 2012, revenues were $41,012,840 and $40,242,146 respectively, for an increase of $770,694 or 1…

Tri-Tech (TRIT)

Investor Alert
BEIJING, April 10, 2014 /PRNewswire/ -- Tri-Tech Holding Inc. (Nasdaq: TRIT), which provides turn-key water resources management, water and wastewater treatment, industrial safety and pollution control solutions, announced today that, on April 2, 2014, it received a letter (the "Nasdaq Letter") from the Staff of The Nasdaq Stock Market ("Nasdaq"), notifying Tri-Tech that Nasdaq has determined that the Registrant's failure…

Usa Truck (USAK)

Maximization of Shareholder Value
VAN BUREN, Ark., April 10, 2014 /PRNewswire/ -- USA Truck, Inc. (NASDAQ: USAK), a leading North American transportation and logistics solutions provider, today announced that its Board of Directors has unanimously voted to terminate the Company's Stockholders' Rights Plan (the "Plan") effective April 11, 2014. Chairman of the Board Robert A. Peiser commented, "We adopted the Stockholders' Rights Plan in November 2012…


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