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Research - GeoResearch

Wednesday, September 3, 2014

Baidu (BIDU)

Acquisition Activity
BEIJING, CHINA and MOUNTAIN VIEW, CA and OULU, FINLAND--(Marketwired - Sep 2, 2014) - IndoorAtlas, the global leader in magnetic positioning technology for indoor location, today announced that it has agreed to a $10 million investment from Baidu (NASDAQ: BIDU), the world's leading Chinese search engine. IndoorAtlas also announced it is signing an exclusive agreement for the Chinese market with Baidu. Through this partnership, Baidu intends to strengthen its…

Ctrip.com Intl (CTRP)

Acquisitions
SHANGHAI, September 3, 2014 /PRNewswire/ -- Ctrip.com International, Ltd. (NASDAQ: CTRP), a leading travel service provider for accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China ("Ctrip" or the "Company"), today announced that it has, through Exquisite Marine Ltd. ("Exquisite"), an affiliate of Ctrip, entered into an agreement to acquire Celebrity Century, a 1,814-passenger…

Flextronics Intl (FLEX)

Notable Share Transactions
SAN JOSE, Calif., Sept. 2, 2014 /PRNewswire/ -- On August 28, 2014, Flextronics (FLEX) received shareholder approval to purchase up to 20% of its outstanding shares. Additionally, the Company's Board of Directors authorized management to purchase the Company's shares in an aggregate amount of up to $500 million. The Company continues to return value to its shareholders as it has purchased approximately $1.7 billion or 247 million of…

Perfect World Co (PWRD)

Comments & Business Outlook
BEIJING, September 3, 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 definitive agreement to sell a total of 30,326,005 class A ordinary shares of Shanda Games Limited (NASDAQ: GAME) ("Shanda Games"), being the entire equity interest…

Shanda Games (GAME)

Going Private News
HONG KONG, September 3, 2014 /PRNewswire/ -- Shanda Games Limited (NASDAQ: GAME, "Shanda Games" or the "Company"), a leading online game developer, operator and publisher in China, has been informed by Shanda Interactive Entertainment Limited, the controlling shareholder of Shanda Games ("Shanda Interactive"), of the following changes to the consortium (the "Consortium") formed pursuant to the consortium agreement dated as of January 27,…


Tuesday, September 2, 2014

21 Vianet Group (VNET)

Notable Share Transactions
BEIJING, Sept. 2, 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 its board of directors has authorized a US$5 million share repurchase program. 21Vianet's board of directors has authorized, but not obligated, the Company to repurchase up to US$5 million of its own outstanding shares…

Aoxing Pharmaceuticals (AXN)

Deal Flow
> On August 28, 2014 an agreement between the Registrant and six of its creditors became effective. The agreement provides that $4,626,289 in debt owed by the Registrant will be satisfied by the Registrant's issuance of a total of 11,862,278 shares of the Registrant's common stock. Three of the creditors are related parties of the Registrant, as indicated in the table below. >…

Aoxing Pharmaceuticals Co (CAXGD)

Deal Flow
> On August 28, 2014 an agreement between the Registrant and six of its creditors became effective. The agreement provides that $4,626,289 in debt owed by the Registrant will be satisfied by the Registrant's issuance of a total of 11,862,278 shares of the Registrant's common stock. Three of the creditors are related parties of the Registrant, as indicated in the table below. >…

Canadian Solar (CSIQ)

Contract Awards
GUELPH, Ontario, Sept. 2, 2014 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (CSIQ), one of the world's largest solar power companies, today announced that it supplied Conti / SunDurance with 11 MW of solar modules during the second quarter of 2014. For this 11MW order, Canadian Solar delivered to the Conti Group in total 37,202 pieces of CS6X solar modules in 6…

China Education Resources (CHNUF)

Comments & Business Outlook
VANCOUVER, Sept. 2, 2014 /PRNewswire/ - China Education Resources, Inc. ("CER") (TSXV: CHN) (OTCQX: CHNUF), a leading technology and content provider of online learning, training courses and social media for teachers, students and education professionals, announced its financial results for the second quarter of 2014. All figures are expressed in U.S. dollars. China Education Resources generated gross revenues of $4,257,454…

China Finance Online (JRJC)

Comments & Business Outlook
BEIJING, Sept. 2, 2014 /PRNewswire/ -- China Finance Online Co. Limited ("China Finance Online", or the "Company") (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese retail investors online access to securities, commodities, and wealth management products, today announced that it is ranked as a leading online financial firm amongst China's Top-100 Internet Companies, according to the Internet Society of China…

China Hgs Real Estate (HGSH)

Comments & Business Outlook
Item 8.01 Other Information. On September 2, 2014, China HGS Real Estate, Inc. (the “Company”) announced that it signed its second shanty area rebuilding framework agreement with the Hantai District government of Hanzhong City. Pursuant to the agreement, the Company will be engaged in the development of shanty areas surrounding the Lianhuachi Area located in the Hantai District, Hanzhong City. The estimated investment in the project is approximately US$750 million…

Contract Awards
HANZHONG, China, September 2, 2014 /PRNewswire/ -- China HGS Real Estate, Inc. (NASDAQ: HGSH) ("China HGS" or the "Company"), a leading regional real estate developer headquartered in Hanzhong City, Shaanxi Province, China, today announced that the Company signed its second shanty area rebuilding framework agreement with the Hantai District government of Hanzhong City. Pursuant to the agreement, the Company will be engaged in development of…

China Valves Tech (CVVT)

Auditor trail
ITEM 4.01 Changes in Registrant’s Certifying Accounts. On Aug 27, 2014, China Valves Technology, Inc. (the “Company”) engaged Wei,Wei & Co., LLP (“Wei”) as the Company’s independent registered public accounting firm. Neither the Company, nor anyone on its behalf, consulted Wei during the Company’s two most recent…

E-Future Information (EFUT)

Contract Awards
BEIJING, Sept. 2, 2014 (GLOBE NEWSWIRE) -- eFuture Information Technology Inc. (EFUT) (the "Company" or "eFuture"), a leading provider of software and mobile social shopping network services to China's rapidly growing retail and consumer goods industries, today announced that C&U Group has selected eFuture's omni-channel solution and grocery solution portfolio to support the dynamic growth of its C&U supermarkets and Shizu convenience stores…

Empire Global (EMGL)

Acquisition Activity
1.01 Entry into a Material Definitive Agreement Pursuant to the previously reported Letter of Intent ("LOI") signed with Delamore and Owl Group of Companies ("D&O") on July 1, 2014, Empire Global Corp. (the "Company") entered into a Strategic Alliance Agreement with D&O on September 1, 2014 to further develop our planned online gaming business throughout Asia in addition to Italy and other regions of Europe. A copy…

Himax Technologies (HIMX)

Comments & Business Outlook
TAINAN, Taiwan, Sept. 2, 2014 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (HIMX) ("Himax" or "Company"), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, announced today that its subsidiary, Himax Display Inc., a leading manufacturer of LCOS Microdisplay panels, and Optinvent SA, a leading producer of the disruptive ORA Smart Glasses, will undertake an additional partnership to develop next generation…

Isoftstone Holdings (ISS)

Going Private News
BEIJING, August 30, 2014 /PRNewswire/ -- iSoftStone Holdings Limited ("iSoftStone" or "the Company," NYSE: ISS), a leading China-based IT services provider in the People's Republic of China, announced today the completion of the merger (the "merger") with New iSoftStone Acquisition Limited ("Merger Sub"), a wholly-owned subsidiary of New iSoftStone Holdings Limited ("Parent"), pursuant to the agreement and…

Issuer Direct Corp (ISDR)

Comments & Business Outlook
TEL AVIV, ISRAEL and NEW YORK, NY and MORRISVILLE, NC--(Marketwired - Sep 2, 2014) - Top Image Systems, Ltd. (NASDAQ: TISA), a leading ECM (Enterprise Content Management) and BPM (Business Process Management) solution and MIP (Mobile Imaging Platform) provider and Issuer Direct Corporation (NYSE MKT: ISDR), a market leader and innovator of disclosure management solutions and cloud-based compliance technologies announce that Issuer Direct…

Kandi Technolgies Group (KNDI)

Notable Share Transactions
JINHUA, China, Aug. 29, 2014 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company" or "Kandi") (Nasdaq:KNDI), today announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct placement of $71 million of common stock at a price of $17.20 per share. The Company will issue a total of 4,127,908 shares of common stock to the…

Renesola (SOL)

Contract Awards
JIASHAN, China, September 2, 2014 /PRNewswire/ -- ReneSola Ltd ("ReneSola", or the "Company") (www.renesola.com) (NYSE: SOL), a leading brand and technology provider of solar photovoltaic ("PV") products, today announced that it will develop a 13MW solar project in Dorset, England. The Company expects the solar farm to be fully operational and connected to the national energy grid by end of this…

Sohu.com (SOHU)

Comments & Business Outlook
Securities Times Online September 2, Sohu announced in Beijing's Internet search easy loan financial credit platform formally launched, marking Sohu entered the Internet in the financial sector.Search easy loan CEO Dr Jie said, unlike last week extravaganza strokes Alibaba treasure, found easy loan will focus on the private small and micro lending, from the upcoming several products on-line, the stage is mainly focused on "transactional P2P service "that voted against the purchase, car and other…

Sunrise Real Estate Developmen (SRRE)

Reverse Merger Activity
Item 1.01 Entry into a Material Definitive Agreement. On August 20, 2014, the registrant, Sunrise Real Estate Group, Inc. ("Sunrise"), entered into a Share Purchase Agreement with Ace Develop Properties Limited (“Ace”) to issue 20 million shares to Ace for RMB 10,472,000, US $1,700,000 equivalent, (“funds”). This agreement, subject to standard…

Sunrise Real Estate Group Inc (SRREE)

Reverse Merger Activity
Item 1.01 Entry into a Material Definitive Agreement. On August 20, 2014, the registrant, Sunrise Real Estate Group, Inc. ("Sunrise"), entered into a Share Purchase Agreement with Ace Develop Properties Limited (“Ace”) to issue 20 million shares to Ace for RMB 10,472,000, US $1,700,000 equivalent, (“funds”). This agreement, subject to standard…

Trina Solar (TSL)

Acquisition Activity
CHANGZHOU, China, September 2, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced it has entered into a share purchase agreement and acquired a 90% stake in Yunnan Metallurgical New Energy Co., Ltd ("Yunnan Metallurgical New Energy") from Yunnan Metallurgical Group Co.,…


Saturday, August 30, 2014

Kandi Technolgies Corp Common (KNDIE)

Deal Flow
Kandi Technologies Group, Inc. 4,127,908 Shares of Common Stock743,024 Warrants to purchase up to 743,024 Shares of Common Stock and 743,024 Shares of Common Stock underlying the Warrants Option to purchase up to 1,744,186 Shares of Common Stock, 1,744,186 Shares of Common Stock underlying the Option, the accompanying Warrants to purchase 313,954 Shares of Common Stock and 313,954 Shares of Common Stock underlying the Warrants >…

Kandi Technolgies Group (KNDI)

Deal Flow
Kandi Technologies Group, Inc. 4,127,908 Shares of Common Stock743,024 Warrants to purchase up to 743,024 Shares of Common Stock and 743,024 Shares of Common Stock underlying the Warrants Option to purchase up to 1,744,186 Shares of Common Stock, 1,744,186 Shares of Common Stock underlying the Option, the accompanying Warrants to purchase 313,954 Shares of Common Stock and 313,954 Shares of Common Stock underlying the Warrants >…


Friday, August 29, 2014

Cazador Acquisition (CAZA)

Deal Flow
>…

China Bak Battery (CBAK)

Auditor trail
ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. On August 28, 2014, Mr. Xiangqian Li resigned as the Interim Chief Financial Officer and Treasurer of China BAK Battery, Inc. (the “Company”), effective immediately. Mr. Li’s resignation was not in connection with any known disagreement with the Company on any matter…

China Cord Blood (CO)

Comments & Business Outlook
First Quarter Fiscal 2015 Financial Results Revenues for the first quarter of fiscal 2015 increased to RMB153.3 million ($24.7 million) from RMB128.7 million in the prior year period. EARNINGS PER SHARE. The terms of the convertible notes issued to KKR and Golden Meditech provide each party with the ability to participate in any Excess Cash Dividend[2]. Therefore, the calculation of basic and diluted EPS has taken into consideration the effect of such participating…

Guanwei Recycling (GPRC)

Investor Alert
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On August 25, 2014, Guanwei Recycling Corp. (the “Company”) received notice (the “Notice”) from The NASDAQ Stock Market LLC (“Nasdaq”) that the Company is not in compliance with the Listing Rules of Nasdaq (the “Listing Rules&#…

Kandi Technolgies Corp Common (KNDIE)

Deal Flow
Item 1.01 Entry into a Material Definitive Agreement On August 29, 2014, Kandi Technologies Group, Inc., a Delaware corporation (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain purchasers (the “Buyers”) pursuant to which the Company will sell to the Buyers, in a registered direct offering, an aggregate of 4,127,908…

Kandi Technolgies Group (KNDI)

Deal Flow
Item 1.01 Entry into a Material Definitive Agreement On August 29, 2014, Kandi Technologies Group, Inc., a Delaware corporation (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain purchasers (the “Buyers”) pursuant to which the Company will sell to the Buyers, in a registered direct offering, an aggregate of 4,127,908…

Lihua Intl (LIWA)

Investor Alert
Item 4.02. Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review. On August 26, 2014, the Board of Directors of Lihua International, Inc. (the “Company”) concluded, after discussion with the Company’s management, that the Company’s financial statements for the year ended December 31, 2013, and the report of its independent registered public accounting firm, Crowe Horwath…

Auditor trail
Item 4.01 Changes in Registrant’s Certifying Accountant On August 28, 2014, Crowe HK resigned as the Company’s independent registered public accounting firm. In addition, Crowe HK notified the Company that its report dated March 17, 2014 regarding the Company financial statements as of December 31, 2013 and 2012 and regarding each of the years in the three-year period ended December 31, 2013, and the Company’s internal control over financial reporting…

Orient Paper (ONP)

Investor Alert
Orient Paper, Inc. 1,562,500 Shares of Common Stock Warrants to Purchase 781,250 Shares of Common Stock We are offering up to1,562,500 shares of our common stock and warrants to purchase up to 781,250 shares of our common stock (and the shares of common stock issuable from time to time upon exercise of these warrants) pursuant to a securities purchase agreement, dated August 27, 2014. Each share of common stock we sell in…

Redtone Asia (RTAS)

Comments & Business Outlook
REDTONE ASIA, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME Years ended May 31, 2014 and 2013 > Management Discussion and Analysis Revenues. The Company generated revenue of $6,176,820 in the fiscal year ended May 31, 2014, representing a 5% decrease as compared with the fiscal year ended May 31, 2013. The decrease in revenues was mainly due to…

Sinopec Shanghai Petroche (SHI)

Comments & Business Outlook
HONG KONG, August 29, 2014 /PRNewswire/ -- Sinopec Shanghai Petrochemical Company Limited ("Shanghai Petrochemical" or the "Company") (HKEx: 00338; SSE: 600688; NYSE: SHI) today announced the unaudited operating results of the Company and its subsidiaries (the "Group") prepared under International Financial Reporting Standards ("IFRS") for the six months ended 30 June, 2014 (the "Period"). According to…

The9 (NCTY)

Comments & Business Outlook
SHANGHAI, August 29, 2014 /PRNewswire/ -- The9 Limited (NASDAQ: NCTY) ("The9"), an online game developer and operator, announced today that Shanghai The9 Information Technology Co., Ltd., a wholly-owned consolidated variable interest entity of The9, has closed a transaction with Shanghai Zhengwu Investment Center (Limited Partnership) for sale of its wholly-owned subsidiary Shanghai Huopu Cloud Computing Terminal Technology Co., Ltd. ("Huopu Cloud"…

Joint Venture
SHANGHAI, August 29, 2014 /PRNewswire-FirstCall/ -- The9 Limited (NASDAQ: NCTY) ("The9"), an online game developer and operator, announced that Red 5 Singapore Pte. Ltd. ("Red 5 Singapore"), a subsidiary of The9, has entered into a license agreement with System Link Limited for publishing and operating Firefall® for a five-year term in mainland China. Under this license agreement, System Link Limited…

Thermal Tennis Inc (TTNS)

Reverse Merger Activity
On August 15, 2014, Thermal Tennis, Inc., a publicly held Nevada corporation subject to the periodic reporting requirements under the Exchange Act (“Thermal Tennis”), and CannaSys, Inc., a privately held Colorado corporation focused on providing services to the cannabis industry (“CannaSys”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) to combine the business…

Tianyin Pharmaceuticals Co (TPI)

Hot Bio-Tech News
CHENGDU, China, August 29, 2014 /PRNewswire/ -- Tianyin Pharmaceutical Co., Inc. (NYSE Amex: TPI), a pharmaceutical company that specializes in patented biopharmaceutical, modernized traditional Chinese medicine (mTCM), branded generics and active pharmaceutical ingredients (API) today updates the timeline for the GMP certification regarding the Company's Qionglai Facility (QLF). The Company is scheduled to submit the Good Manufacturing Practice (GMP) dataset for China…


Thursday, August 28, 2014

22nd Century Group (XXII)

Investor Alert
We disagree with the rebuttal by XXII’s management and stand by the sourced facts in our original article. XXII claims that the “misleading and inaccurate statements are too numerous to address,” but we think if the four they picked out to address are their best points, shareholders should be extremely worried. Additionally, we will welcome further rebuttal from XXII management, should they find it necessary. We offer our own rebuttal…

Acorn Intl (ATV)

Comments & Business Outlook
Second Quarter 2014 Financial Results Net revenues were $14.8 million, a decrease of 63.9% from $40.9 million in the second quarter of 2013. Basic and diluted loss per American Depositary Share ("ADS", one ADS represents three ordinary shares) was $0.48, as compared to basic and diluted loss per ADS of $0.32 in the second quarter of 2013. In the second quarter of 2014, the…

Aoxin Tianli Group (ABAC)

Acquisition Activity
WUHAN CITY, China, Aug. 28, 2014 /PRNewswire/ -- Aoxin Tianli Group, Inc. (ABAC) ("Aoxin Tianli" or the "Company"), a diversified company with businesses in hog farming and electro-hydraulic servo-valves manufacturing and marketing, today announced that the Company has acquired a 95% equity interest in Wuhan Optical Valley Orange Technology Co., Ltd. ("OV Orange"), a leading company focused on delivering…

Armco Metals Holdings (AMCO)

Reverse Merger Activity
Item 1.01 Entry into a Material Definitive Agreement. As previously disclosed, on April 15, 2014, as amended on May 7, 2014, Armco Metals Holdings, Inc. entered into a Share Exchange Agreement with Draco Resources Inc. (“Draco”), Draco’s parent company Metawise Group Inc. (“Metawise”) and the Metawise shareholders pursuant to which we initially agreed…

Bitauto Holdings (BITA)

Joint Venture
BEIJING, August 28, 2014 /PRNewswire/ -- Lentuo International Inc. (NYSE: LAS) ("Lentuo" or "the Company"), a leading non-state-owned automobile retailer headquartered in Beijing, Bitauto Holdings Limited ("Bitauto") (NYSE: BITA), a leading provider of Internet content and marketing services for China's fast-growing automotive industry, and Youxinpai (Beijing) Information Technology Co., Ltd. ("UXIN")…

China Nepstar Chain Drugs (NPD)

Comments & Business Outlook
Second Quarter 2014 Financial Results Revenue increased by 7.5% to RMB686.6 million (US$110.7 million) compared to RMB638.8 million in the second quarter of 2013 Net loss for the second quarter of 2014 was RMB15.9 million (US$2.6 million), or RMB0.16 (US$0.03) basic and diluted losses per ADS compared to net loss of RMB3.9 million, or RMB0.04 basic and diluted losses per ADS for the…

China Recycling Energy (CREG)

Comments & Business Outlook
XI'AN, China, Aug. 27, 2014 /PRNewswire-FirstCall/ -- China Recycling Energy Corp. (NASDAQ: CREG or "the Company"), a leading industrial waste-to-energy solution provider in China, today announced that its Chairman and CEO, Mr. Guohua Ku, has entered into a Share Purchase Agreement ("SPA") with the Company on August 27, 2014 to purchase 13,829,074 shares of common stock of the Company (…

Clean Synthetic Corp. (SCOK)

Comments & Business Outlook
PINGDINGSHAN, China, Aug. 28, 2014 (GLOBE NEWSWIRE) -- SinoCoking Coal and Coke Chemical Industries, Inc. (Nasdaq:SCOK) ("the Company" or "SinoCoking"), a vertically-integrated coal and coke processor, today said that its gross profit from sales of synthetic gas (syngas) produced at the Company's new clean coal facility in Pingdingshan will be from $10 to $15 million in 2015. This estimate, said…

Cnooc (CEO)

Comments & Business Outlook
HONG KONG, Aug. 28, 2014 /PRNewswire/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) today announced its interim results for the six months ended June 30, 2014. For the first half of the year, the Company's total net oil and gas production reached 211.6 million barrels of oil equivalent (BOE), up 6.8% year-on-year…

Dehaier Medical Systems (DHRM)

Comments & Business Outlook
BEIJING, Aug. 28, 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 is preparing to introduce its Sleep Respiratory Solutions to its first wave of customers in 3A hospitals located in different provinces and province-level cities throughout China. The Sleep…

Hanwha Solarone Co (HSOL)

Comments & Business Outlook
Second Quarter 2014 Financial Results Total net revenues were RMB1, 107.3 million (US$178.5 million), a decrease of 2.7% from RMB1,138.4 million in 1Q14, and a decrease of 6.4% fromRMB1,182.8 million in 2Q13. Net loss per basic ADS on a GAAP basis was RMB0.60 (US$0.10), compared with net loss per basic ADS of RMB1.47 in 1Q14 and net loss per basic…

Iao Kun Group Holding Co (IKGH)

Comments & Business Outlook
Second Quarter 2014 Financial Results For the three months ended June 30, 2014, IKGH recorded revenue of $49.7 million, a 22% decrease from the same period of 2013 Non-GAAP loss, which is operating loss before amortization of intangible assets and the change in fair value of contingent consideration related to the acquisitions of King�s Gaming, Bao Li Gaming and Oriental VIP Room, was $7.5 million, or $(…

Jiayuan.com Intl (DATE)

Comments & Business Outlook
Second Quarter 2014 Financial Results Net revenues for the second quarter 2014 were RMB145.2 million (US$23.4 million), a 21.8% increase from the corresponding period of 2013 and 8.1% sequentially. Basic and diluted net income per ADS[5] for the second quarter of 2014 were RMB0.40 (US$0.06) and RMB0.39 (US$0.06), respectively, compared to basic and diluted net income per ADS of RMB0…

Keyuan Petrochemicals (KEYP)

Comments & Business Outlook
Second Quarter 2014 Financial Results Sales for the three months ended June 30, 2014 were approximately $185 million, compared to $94 million for the three months ended June 30, 2013, an increase of $90 million, or 96%. (Loss) earnings per share Basic and Diluted was $(0.02) vs. last years same quarter of $(0.01) "We are pleased that our sales have increased…

Kingold Jewelery (KGJI)

Special Dividend
WUHAN, China, Aug. 28, 2014 /PRNewswire/ -- Kingold Jewelry, Inc. ("Kingold" or "the Company") (KGJI), one of China's leading manufacturers and designers of high quality 24-karat gold jewelry, ornaments and investment-oriented products, announced that the Company has begun paying out today the previously announced special cash dividend of US$0.08 per share of common stock to stockholders of record as of June 30, 2014…

Lentuo Intl (LAS)

Joint Venture
BEIJING, August 28, 2014 /PRNewswire/ -- Lentuo International Inc. (NYSE: LAS) ("Lentuo" or "the Company"), a leading non-state-owned automobile retailer headquartered in Beijing, Bitauto Holdings Limited ("Bitauto") (NYSE: BITA), a leading provider of Internet content and marketing services for China's fast-growing automotive industry, and Youxinpai (Beijing) Information Technology Co., Ltd. ("UXIN")…

Orient Paper (ONP)

Notable Share Transactions
BAODING, China, August 28, 2014 /PRNewswire/ -- Orient Paper, Inc. (the "Company"), (NYSE MKT: ONP), a leading manufacturer and distributor of diversified paper products in North China, today announced that it has entered into a definitive agreement with an institutional investor for a registered direct placement of $2,500,000 of shares of common stock at a price of $1.60 per share. In addition,…

Radtek (RDTK)

Investor Alert
Item 4.02 – Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review On August 7, 2014, the company was notified by PLS CPA, our independent accountant, that the financial statements for the Form 10-Q for the quarter ended March 31, 2014, as originally filed May 20, 2014, should no longer be relied upon and should be restated. The restatement of the Condensed Consolidated Balance Sheet includes…

Sciclone Pharmaceuticals (SCLN)

Hot Bio-Tech News
FOSTER CITY, CA--(Marketwired - Aug 28, 2014) - SciClone Pharmaceuticals, Inc. (NASDAQ:SCLN), and its partner BTG plc (LSE: BTG), today announced that the China Food and Drug Administration has approved the registration of DC Bead� for the embolization of malignant hypervascularized tumors. BTG and SciClone previously entered into an agreement granting SciClone exclusive licensing and distribution rights to DC Bead&#…

Semiconductor Mfg (SMI)

Comments & Business Outlook
SHANGHAI, Aug. 28, 2014 /PRNewswire/ -- Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981) one of the leading semiconductor foundries in the world, announces the unaudited interim results of operations of the Company and its subsidiaries for the six months ended June 30, 2014. FINANCIAL HIGHLIGHTS Sales was US$962.4 million for the six months ended June 30, 2014, compared to US$1,042…

Semileds (LEDS)

Investor Alert
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On August 26, 2014, SemiLEDs Corporation (the “Company”) received a letter from The NASDAQ Stock Market notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1) for continued listing on the Nasdaq Global Select Market. The Nasdaq Listing Rules require listed…

Sgoco Group (SGOC)

Comments & Business Outlook
HONG KONG, August 28, 2014 /PRNewswire/ -- SGOCO Group, Ltd. (Nasdaq: SGOC), ("SGOCO" or the "Company"), a company focused on product design, distribution and brand development in the China display market, today announced a new on-line sales platform on JD.com to accelerate the delivery of high quality service and products. SGOCO takes a significant step towards the development of e-commerce through this arrangement. With…

Sterling Group Ventures (SGGV)

Comments & Business Outlook
> > Management Discussion and Analysis The Company had no operating revenue except interest income of $8,124 and other income of 6,015 from sale of phosphate rock extracted during the work done for the preparation of production for the year ended May 31, 2014 compared with interest income of $17,870 and other income of $1,461,588 from sale of DXC lithium project for the year ended May 31, 2013. The comprehensive loss increased to $…

Sungy Mobile Ltd Adr (GOMO)

Comments & Business Outlook
Second Quarter 2014 Unaudited Financial Results Total revenues increased by 25.2% to RMB100.1 million (US$16.1 million) from RMB80.0 million in the prior year period. Diluted earnings per ADS7 in the second quarter of 2014 was RMB0.19 (US$0.03), as compared to RMB0.31 in the prior year period. Adjusted diluted earnings per ADS8 in the second quarter of 2014 increased to RMB0.58 (…

CFO Trail
The Company also announced today that Mr. Winston Li has tendered his resignation as the chief financial officer of the Company, effective on August 31, 2014, due to personal reasons. Mr. Yuqiang Deng, Sungy Mobile's Chief Executive Officer, commented, "On behalf of the Company, We would like to thank him for his significant contributions to our company during our critical transition to a publicly listed company and wish him well in his future endeavors. Winston has…


Wednesday, August 27, 2014

Investor Alert
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On August 20, 2014 CleanTech Innovations, Inc. (the “Company”) received a written notification from the NASDAQ Stock Market LLC (“NASDAQ”) notifying the Company that it had failed to comply with NASDAQ Listing Rule 5550(b) (the “Rule”) which…

21 Vianet Group (VNET)

Comments & Business Outlook
Second Quarter 2014 Financial Results Net revenues increased by 39.7% to RMB658.0 million (US$106.1 million) from RMB471.1 million in the comparative period in 2013. Adjusted diluted earnings per share for the second quarter of 2014 was RMB0.05, which represents the equivalent of RMB0.30 (US$0.05) per ADS. Adjusted earnings per share is calculated using adjusted net profit as discussed above divided by the weighted average number of shares…

22nd Century Group (XXII)

Investor Alert
Today, we have released a detailed short-biased report on XXII. Our salient points: A number of factors lead us to the conclusion that 22nd Century Group (XXII) is severely overvalued and likely worth no more than $0.20 per share. In the past, the SEC charged XXII CEO Joseph Pandolfino, Jr. for stock manipulation of two stocks. Insiders have enjoyed exorbitant wealth at the expense of shareholders…

Andatee China Marine Fuel (AMCF)

Contract Awards
BEIJING, Aug. 27, 2014 (GLOBE NEWSWIRE) -- Andatee China Marine Fuel Service Corporation (AMCF) ("AMCF" or "the Company"), a leading independent operator engaged in the production, storage, distribution, trading of blended marine fuel oil for cargo and fishing vessels, as well as research and development of clean energy solution in China, today announced that its recently acquired subsidiary, Qingdao Grand New Energy Co., Ltd. (…

Biostar Pharmaceuticals (BSPM)

Comments & Business Outlook
XIANYANG, China, August 27, 2014 /PRNewswire/-- Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM) ("Biostar" or "the Company"), a PRC-based manufacturer and marketer of pharmaceutical and health supplement products in China for a variety of diseases and conditions, announced today that the Company has hired Professor Xiaohui Zheng as its chief scientist to preside over the Company's product development projects. Professor Xiaohui Zheng, born in March 1968,…

China Recycling Energy (CREG)

Deal Flow
Item 1.01 Entry into a Material Definitive Agreement. On August 27, 2014, China Recycling Energy Corporation (the “Company”) entered into a Share Purchase Agreement (the “Agreement”) with Mr. Guohua Ku (“Mr. Ku”), a Chinese citizen, major shareholder, Chairman and Chief Executive Officer of this Company. Pursuant to the Agreement, the Company shall issue…

Guanwei Recycling (GPRC)

Investor Alert
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On August 21, 2014, Guanwei Recycling Corp. (the “Company”) received notice (the “Notice”) from The NASDAQ Stock Market LLC (“Nasdaq”) that the Company is not in compliance with Rule 5605 of the Nasdaq Listing Rules (the “Listing…

Highpower Intl (HPJ)

Comments & Business Outlook
SAN FRANCISCO and SHENZHEN, China, August 27, 2014 /PRNewswire/ -- 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 its 20Ah lithium-ion battery (Model: IESPD201E) has received the product approval issued by China's National Quality Control & Inspection Center for Buses…

Kandi Technolgies Group (KNDI)

Comments & Business Outlook
JINHUA, China, Aug. 27, 2014 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company" or "Kandi") (KNDI), announced today that www.d1ev.com, the leading platform for new energy vehicle information and trading in China, released the newest data for China's pure electric vehicle ("EV") production in July. As stated in the report, there were 17,499 pure EVs produced from…

Mikros Systems (MKRS)

Comments & Business Outlook
PRINCETON, N.J., Aug. 27, 2014 /PRNewswire/ -- Mikros Systems Corporation, (OTCBB: MKRS), an advanced technology company specializing in the research and development of electronic systems for the Department of Defense, announced today the award of a major new production contract award valued at $5,000,000 for its ADEPT® equipment, used by the U.S. Navy to maintain advanced radar systems. The Navy plans to purchase…

Nf Energy Saving (NFEC)

Comments & Business Outlook
SHENYANG, China, Aug. 27, 2014 /PRNewswire/ -- NF Energy Saving Corporation (NFEC) ("NF Energy" or the "Company"), a leading energy saving services and solutions provider for China's power, petrochemical, coal, metallurgy, construction, and municipal infrastructure development industries, today announced that the Company has developed a new solution to the disposal of landfill leachate. It has entered a new market in environmental protection. Leachate…

Vimicro Intl (VIMC)

Comments & Business Outlook
Second-Quarter 2014 Financial Results - Non-GAAP net income of $2.8 million, as compared to non-GAAP net loss of $5.5 million year over year, and non-GAAP net loss of $3.3 million quarter over quarter -Non-GAAP diluted EPS at $0.10 per ADS reported for the quarter or $0.19 per diluted ADS in the year-ago quarter. Dr. John Deng, Vimicro's Chairman and Chief…

Viryanet (VRYAF)

Going Private News
WESTBOROUGH, Mass.--(BUSINESS WIRE)--ViryaNet Limited (OTCQB: VRYAF), a leading provider of software solutions that optimize and allow for the continuous improvement of service processes for mobile workforces, announced today the completion of its previously announced acquisition by Verisae, Inc. (“Verisae”). The acquisition agreement was first announced on June 10, 2014 and the transaction closed and became effective today. ViryaNet shareholders will receive $…

Yingli Green Energy (YGE)

Contract Awards
BAODING, China, August 27, 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 it has partnered with renewable energy developer Push Energy Ltd. ("Push Energy") to supply Yingli Solar's multicyrstalline modules for four…

Comments & Business Outlook
Second Quarter 2014 Financial Results Total net revenues were RMB 3,408.9 million (US$549.5 million) in the second quarter of 2014, compared to RMB 2,686.8 million in the first quarter of 2014 and RMB 3,378.3 million in the second quarter of 2013. Net loss[1] was RMB 285.2 million (US$46.0 million) and loss per ordinary share and per American depositary share ("ADS") was RMB…

Youku Tudou (YOKU)

Notable Share Transactions
BEIJING, August 27, 2014 /PRNewswire/ -- Youku Tudou Inc. (NYSE: YOKU), China's leading Internet television company ("Youku Tudou" or the "Company"), today announced that the board of the Company has approved a new share repurchase program whereby Youku Tudou may purchase its own American depositary shares ("ADSs") with an aggregate value of up to US$300 million. The Company expects to fund the repurchase out of…

Zoom Technologies (ZOOM)

Acquisition Activity
Item 2.01 Completion of Acquisition or Disposal of Assets. As previously disclosed in Zoom Technologies, Inc.'s (the "Company") Quarterly Report on Form 10-Q for the period ended March 31, 2014, on May 31, 2014, the Company's board of directors decided that it would explore the sale of its remaining operating asset, SpreadZoom Technologies Co. Ltd. ("SpreadZoom"). On May 14, 2014, the Company entered into…

Investor Alert
BEIJING, Aug. 26, 2014 (GLOBE NEWSWIRE) -- On August 20, 2014, Zoom Technologies, Inc. (Nasdaq:ZOOM) (the "Company") received a Nasdaq Staff Deficiency Letter indicating that, as a result of the Company not timely filing its Quarterly Report on Form 10-Q for the quarter ended June 30, 2014 (the "2014 Q2 Report"), the Company failed to comply with the periodic filing requirements for continued listing…


Tuesday, August 26, 2014

Advanced Semiconductor (ASX)

Comments & Business Outlook
TAIPEI, Taiwan--(BUSINESS WIRE)--Advanced Semiconductor Engineering, Inc. (TAIEX:2311) (NYSE:ASX), the world's largest semiconductor assembly and test service provider, today announced that it has been selected by Bosch Sensortec GmbH as a key manufacturing and technology partner for production of a leading edge sensor device. Through utilizing advanced wafer level packaging technologies developed at ASE, Bosch Sensortec has successfully brought to market the industry's smallest 3-axis MEMS accelerometer available today…

Asia Properties (ASPZ)

Comments & Business Outlook
ASIA PROPERTIES, INC. (A DEVELOPMENT STAGE COMPANY) UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS FOR THE THREE MONTHS ENDED MARCH 31, 2012 AND 2011 AND FOR THE PERIODFROM APRIL 6, 1998 (INCEPTION THROUGH MARCH 31, 2012 > Management Discussion and Analysis Revenues We have not generated any revenues from our operations during the three-month period ended March 31, 2012 or during last two years. Expenses We incurred general…

Bonso Electronics Intl (BNSO)

Comments & Business Outlook
HONG KONG, Aug. 26, 2014 (GLOBE NEWSWIRE) -- Bonso Electronics International, Inc. (BNSO), a designer and manufacturer of sensor based products, reported its financial results for the fiscal year ended March 31, 2014. The company reported a net loss of $0.22 million or $0.04 basic and diluted loss per share, and a comprehensive income of $0.04 million for the fiscal year ended March 31, 2014…

Cninsure (CISG)

Comments & Business Outlook
Second Quarter of 2014 Financial Results Total net revenues: RMB508.9 million (US$82.0 million), representing an increase of 20.8% from the corresponding period in 2013. Basic and diluted net income per ADS: RMB1.10 (US$0.18) and RMB1.10 (US$0.18), respectively,representing an increase of 163.4% and 162.8% from the corresponding period in 2013, respectively. Diluted adjusted EBITDA per…

Ikang Health Care Group (KANG)

Comments & Business Outlook
First Quarter 2014 Financial Results Net revenues were US$60.2 million, grew 43.3% year-over-year Non-GAAP basic and diluted earnings per ADS(2) attributable to common shareholders were US$0.14 and US$0.13 respectively, as compared to US$0.10 and US$0.09 in the first quarter of fiscal 2013 "We delivered another strong quarter and remain firmly on track to achieve our full year revenue growth of 40.0-43.4%…

Jinkosolar Holdings (JKS)

Contract Awards
SHANGHAI, Aug. 25, 2014 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the solar PV industry, today announced that it will supply 40 MW of solar PV modules to 8i S.A. ("8i"), a solar development company, for a solar power project in Chile. 8i will be the owner, project developer and…

Renren (RENN)

Comments & Business Outlook
Second Quarter 2014 Financial Results Total net revenues were US$25.0 million, a 42.4% decrease from the corresponding period in 2013. Net income (loss) attributable to Renren Inc. shareholders per ADS: Basic and Diluted was $0.09 vs last years loss of $(0.03). "In the beginning of this year, Renren made a strategic shift to focus on college students and young generations in China. We are…

Skystar Bio-Pharma (SKBI)

Hot Bio-Tech News
XI'AN, CHINA--(Marketwired - Aug 26, 2014) - Skystar Bio-Pharmaceutical Company (NASDAQ:SKBI), a China-based manufacturer and distributor of veterinary medicine, vaccines, micro-organisms and feed additives, announced preparations to launch a new probiotic product for dairy cows by the end of fiscal 2014. The dairy cow probiotic is developed for the milk production industry in China and is designed to introduce Bacillus Subtilis (B. subtilis), also known as…

Supercom Ltd Ordinary Shares (SPCB)

Comments & Business Outlook
Second Quarter 2014 Financial Results: Quadrupled revenue to $7.1 million vs $1.9 million in prior year; ahead of analyst estimates of $6.5 million Non-GAAP EPS of $0.19 vs $0.06 in the prior year; ahead of analyst EPS estimates of $0.13 "We are very pleased with our second quarter results, showing strong revenue growth and increasing levels of profitability on a year over year, as well…

Taomee Holdings (TAOM)

Comments & Business Outlook
Second Quarter 2014 Unaudited Financial Results Total net revenues were US$10.5 million in the second quarter of 2014, a decrease of 9.8% from US$11.7 million in the first quarter of 2014 and a decrease of 12.4% from US$12.0 million in the second quarter of 2013. Non-GAAP basic and diluted loss per ADS[1] were US$0.01 and US$0.01, respectively, in the second quarter of 2014,…

Trina Solar (TSL)

Comments & Business Outlook
Second Quarter 2014 Financial Results Net revenues were $519.4 million, an increase of 16.8% from the first quarter of 2014 Earnings per fully diluted American Depositary Share ("ADS" and each ADS represents 50 of the Company's ordinary shares) was $0.14, compared to $0.37 in the first quarter of 2014 Mr. Jifan Gao, Chairman and Chief Executive Officer of Trina Solar, commented, "It is…

Xueda Education (XUE)

Comments & Business Outlook
Second Quarter 2014 Financial Results Total net revenues increased 5.4% to $120.8 million from $114.6 million. Non-GAAP diluted net income[2] per ADS attributable to Xueda Education Group was $0.27, compared to $0.28. "Our enlarged student base is embracing our expanded service offerings and promotions at a much faster pace than we had initially anticipated, causing an unexpected year-over-year decline in average revenue per student…


Monday, August 25, 2014

China Biologic Products (CBPO)

Comments & Business Outlook
BEIJING, Aug. 25, 2014 /PRNewswire/ -- China Biologic Products, Inc. (NASDAQ: CBPO, "China Biologic" or the "Company"), a leading fully integrated plasma-based biopharmaceutical company in China, today announced that its wholly-owned subsidiary Guiyang Dalin Biotechnology Co., Ltd. ("Guiyang Dalin") had agreed to acquire an additional 19.84% equity interest in Guizhou Taibang Biological Products Co., Ltd ("Guizhou…

Joint Venture
Item 1.01 Entry into a Material Definitive Agreement. On August 21, 2014, Guiyang Dalin Biotechnology Co., Ltd. (“Guiyang Dalin”), a majority shareholder of Guizhou Taibang Biological Products Co., Ltd. (“Guizhou Taibang”) and a wholly-owned subsidiary of China Biologic Products, Inc. (the “Company”), entered into (i) a registered equity…

China Cord Blood (CO)

Deal Flow
HONG KONG, Aug. 25, 2014 /PRNewswire/ -- China Cord Blood Corporation (NYSE: CO) ("CCBC" or the "Company"), China's leading provider of cord blood collection, laboratory testing, hematopoietic stem cell processing, and stem cell storage services, today announced that the Company has been informed that Magnum Opus International Holdings Limited ("Magnum"), a private vehicle that is controlled by CCBC Chairman Mr. Yuen KAM…

China Housing & Land (CHLN)

Going Private News
XI'AN, China, August 25, 2014 /PRNewswire/ -- China Housing & Land Development, Inc. ("China Housing" or the "Company," NASDAQ: CHLN), a leading developer of residential and commercial properties in northwest China, today announced that the board of directors of the Company ("Board"), by unanimous written consent dated as of August 19, 2014, authorized and approved a "going private" transaction…

China Ming Yang Wind (MY)

Comments & Business Outlook
Second Quarter 2014 Financial Results Total revenue was RMB935.6 million (US$150.8 million), an increase of 74.1% compared to RMB537.4 million in Q2 2013. Basic and diluted earnings per share were RMB0.11 (US$0.02), compared to basic and diluted loss per share of RMB0.51 in Q2 2013. "We continued to see strong momentum in the industry, and have signed new orders of 617.0MW during…

China Petroleum & Chemica (SNP)

Comments & Business Outlook
BEIJING, Aug. 22, 2014 /PRNewswire/ -- China Petroleum & Chemical Corporation ("Sinopec" or "the Company") (HKEX: 386; CH: 600028;NYSE: SNP) today announced its interim results for the six months ended 30 June 2014.Sinopec Announces 2014 Interim Results In accordance with the International Financial Reporting Standards (IFRS), in the first half of 2014, the Company's turnover, other operating revenues and other…

Ion Geophysical (IO)

Deal Flow
Item 1.01 Entry into a Material Definitive Agreement. In this Current Report on Form 8-K, the terms “we,” “us” or “ION” refer to ION Geophysical Corporation, and where the context requires, ION Geophysical Corporation together with its consolidated subsidiaries. On August 22, 2014, ION and its subsidiaries, ION Exploration Production (U.S.A.), Inc…

Isoftstone Holdings (ISS)

Going Private News
BEIJING, August 25, 2014 /PRNewswire/ -- iSoftStone Holdings Limited ("iSoftStone" or "the Company," NYSE: ISS), a leading China-based IT services provider in the People's Republic of China, announced today that, at an extraordinary general meeting held today, the Company's shareholders voted in favor of the proposal to authorize and approve the previously announced agreement and plan of merger (the "merger agreement") dated April 18,…

Montage Tech Group Ltd (MONT)

Investor Alert
SHANGHAI, China, Aug. 22, 2014 (GLOBE NEWSWIRE) -- Montage Technology Group Limited (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 August 19, 2014, Montage Technology Group Limited (the "Company") received a letter (the "Letter") from the NASDAQ…

Qihoo 360 (QIHU)

Comments & Business Outlook
Second Quarter 2014 Unaudited Financial Results Revenues were $317.9 million, a 109.6% increase from $151.7 million in the second quarter of 2013. Diluted earnings per ADS(2) ("EPADS") attributable to Qihoo 360 was $0.30, compared to $0.26 in the same period last year. Non-GAAP diluted EPADS attributable to Qihoo 360 (1) was $0.50, compared to $0.40…


Friday, August 22, 2014

Amtrust Financial Services (AFSI)

Investor Alert
On August 18, 2014, we released the following:GeoInvesting has become aware of a piece on Amtrust (NASDAQ:AFSI) written by Roddy Boyd for the Southern Investigative Reporting Foundation, published on August 17, 2014. The piece is going to be sourced throughout this write-up and can be viewed in its entirety here. GeoInvesting recommends that all parties involved with AmTrust read the full article, as its consequences not only serve to point out questionable activity, but also could have…

Apptigo Intl Inc New (APPG)

Investor Alert
On August 15, 2014, we released the following: Apptigo International (APPG) is one of the most obvious pump and dump (P&D) cases we have come across since we began investigating P&D’s in our inaugural report Raystream (RAYS), which now trades at $0.001. Some of the characters associated with APPG have deep roots in the P&D game. One character in particular that caught our attention was…

Asia Green Agriculture Corporation (AGAC)

Comments & Business Outlook
Asia Green Agriculture Corporation Condensed Consolidated Statements of Income and Comprehensive Income For the three and six months ended June 30, 2014 and 2013 (Stated in US Dollars) > Management Discussion and Analysis Net Sales. Our net sales consist of revenue derived from the sales of our products, less discounts and returns. For the three months ended June 30, 2014, our net sales were $16.0 million compared to $21.7 million for the same…

China New Borun (BORN)

Comments & Business Outlook
Second Quarter 2014 Unaudited Financial Results Total revenue increased 6.4% to RMB668.9 million ($108.7 million[1]) from RMB628.5 million in the second quarter of 2013. Earnings Per Share Basic and Diluted RMB0.82 vs. last years comparable quarter of RMB0.99 Mr. Jinmiao Wang, Chairman and Chief Executive Officer of Borun, commented on the results, "Although demand and average selling price for edible alcohol were solid in the…

Fuwei Films Co (FFHL)

Comments & Business Outlook
Second Quarter 2014 Financial Results Net sales during the second quarter ended June 30, 2014 were RMB70.0 million or US$11.3 million, compared to RMB77.4 million during the same period in 2013 representing a 9.6% decrease in sales. Basic and diluted net loss per share was RMB1.76 or US$0.28 and RMB1.39 for the three months ended June 30, 2014 and 2013, respectively. Mr. Xiaoan He, Chairman and…

Gw Pharmaceuticals Plc America (GWPH)

Investor Alert
On August 11, 2014, we released the following: As we have been closely following the hot cannabis industry, we noticed two companies that are working to develop competing Cannabidiol (“CBD”) compounds to treat epilepsy in children – INSYS Therapeutics, Inc. (NASDAQ:INSY) and GW Pharmaceuticals plc (NASDAQ:GWPH). INSY is our bullish call that has been quietly making progress (while insiders buy) without the fanfare…

Innovative Designs (IVDN)

Deal Flow
ITEM 3.02 UNREGISTERED SALE OF EQUITY SECURITIES From the period April 22, 2014 through July 23, 2014, the registrant sold its Common Stock to 26 investors in various private placements. The Common Stock was sold at prices ranging from $.40 per share to $.70 per share. A total of 1,080,680 shares were sold. The total proceeds received were $632,340. No sales commissions were paid. The registrant intends to use the proceeds from…

Insys Therapeutics (INSY)

Investor Alert
On August 11, 2014, we released the following: As we have been closely following the hot cannabis industry, we noticed two companies that are working to develop competing Cannabidiol (“CBD”) compounds to treat epilepsy in children – INSYS Therapeutics, Inc. (NASDAQ:INSY) and GW Pharmaceuticals plc (NASDAQ:GWPH). INSY is our bullish call that has been quietly making progress (while insiders buy) without the fanfare…

Qunar Caymen Islands Limited (QUNR)

Comments & Business Outlook
Second Quarter 2014 Financial Results Total revenues for the second quarter of 2014 were RMB400.4 million (US$64.5 million), an increase of 127.3% year-on-year, the highest revenue growth rate in ten quarters. Loss per share for ordinary shares:Basic and Diluted RMB(1.20) vs last years comparable RMB(0.14) "We witnessed another strong quarter of accelerating revenue growth and impressive volume growth across our business units,…

Semileds (LEDS)

Comments & Business Outlook
CHUNAN, Taiwan, Aug. 21, 2014 (GLOBE NEWSWIRE) -- SemiLEDs Corporation (LEDS), a global provider of vertical LED technology solutions, today announced sampling and volume availability of the first in its new Enhanced FlipChip, or EF, LED series. The series launches with the EF-B40, a blue 40-mil flip chip that simplifies the packaging and integration process by eliminating wire-bonding while increasing both lumen-density and decreasing the lumen-per-dollar value proposition…

Sunrise Real Estate Developmen (SRRE)

Deal Flow
Item 1.01 Entry into a Material Definitive Agreement. On August 20, 2014, the registrant, Sunrise Real Estate Group, Inc. ("Sunrise"), entered into a Share Purchase Agreement with Ace Develop Properties Limited (“Ace”) to issue 20 million shares to Ace for RMB 10,472,000 (US $1,700,000 equivalent). This agreement, subject to standard closing terms and conditions, is scheduled to close…

Sunrise Real Estate Group Inc (SRREE)

Deal Flow
Item 1.01 Entry into a Material Definitive Agreement. On August 20, 2014, the registrant, Sunrise Real Estate Group, Inc. ("Sunrise"), entered into a Share Purchase Agreement with Ace Develop Properties Limited (“Ace”) to issue 20 million shares to Ace for RMB 10,472,000 (US $1,700,000 equivalent). This agreement, subject to standard closing terms and conditions, is scheduled to close…

Xinyuan Real Estate (XIN)

Regular Dividend News
BEIJING, Aug. 22, 2014 /PRNewswire/ -- Xinyuan Real Estate Co., Ltd. ("Xinyuan" or "the Company") (XIN), a residential real estate developer with primary focus on high growth cities in China, today announced that its Board of Directors has declared a cash dividend for the second quarter of 2014 of US$0.025 per common share, or US$0.05 per American Depositary Share (ADS), which will…


Thursday, August 21, 2014

Aoxin Tianli Group (ABAC)

Notable Share Transactions
WUHAN CITY, China, Aug. 21, 2014 /PRNewswire/ -- Aoxin Tianli Group, Inc. (ABAC) ("Aoxin Tianli" or the "Company"), a diversified company with businesses in hog farming and electro-hydraulic servo-valves manufacturing and marketing, today announced that the Company has completed a $7.2 million private placement of its common stock (the "Offering") to Hubei Aoxin Science and Technology Group Co., Ltd (…

Deal Flow
Item 1.01 Entry into a Material Definitive Agreement. On August 18, 2014, we entered into a subscription agreement with Hubei Aoxin Science and Technology Group Co., Ltd., a company organized under the laws of the PRC, for the issuance and sale of 3,000,000 of our common shares (the “Shares”) representing approximately 13.51% of our then outstanding 22,211,000 common shares, for a total purchase price of…

Chang-On Intl (CAON)

Comments & Business Outlook
> > Management Discussion and Analysis Revenue We did not earn any revenues for the three and six month periods ended June 30, 2014 and 2013. Our sales have remained unchanged for the three and six month periods ended June 30, 2014 and 2013…

China Zenix Auto (ZX)

Comments & Business Outlook
Second Quarter of 2014 Financial Results Revenue of RMB959.7 million (US$154.7 million) compared with RMB1,059.3 million in the 2013 second quarter, and RMB896.1 million in the 2014 first quarter; Basic and diluted earnings per ADS in the second quarter of 2014 were RMB1.01 (US$0.16), compared with RMB1.45 in the second quarter of 2013. Mr. Jianhui Lai, Chairman and Chief Executive Officer of Zenix Auto,…

Chinanet Online Holdings (CNET)

Comments & Business Outlook
Second Quarter 2014 Financial Results Revenues for the three months ended June 30, 2014 were $10.4 million compared to $8.9 million for the three months ended June 30, 2013, representing a 17% increase. Net loss attributable to ChinaNet for the three months ended June 30, 2014 was $1.3 million and loss per share was $0.06, compared to a net income of $0.4 million and earnings per…

Guangshen Railway Co (GSH)

Comments & Business Outlook
Records Consolidated Profit Attributable to Equity Holders of RMB329 million HONG KONG, August 21, 2014 /PRNewswire/ -- Guangshen Railway Company Limited ("Guangshen Railway" or the "Company") (HKEx Stock Code: 525; SSE Stock Code: 601333; American Depositary Shares ("ADS") Ticker Symbol: GSH) today announced the unaudited results of the Company and its subsidiaries (the "Group") for the six months ended June 30,…

Huayue Electronics (HUAY)

Comments & Business Outlook
> Our program of generating lighting sales through energy management contracts was launched toward the end of fiscal 2013. An EMC extends the payment term for the sale over the period when energy savings will allow the customer to recoup the cost of the lighting. Because customers see the purchase as bottom-line neutral, we have found them willing to pay prices for our products that yield us very high margins. However, the sales cycle required…

Innovative Food Holdings (IVFH)

Acquisition Activity
BONITA SPRINGS, Fla., Aug. 20, 2014 /PRNewswire/ -- Innovative Food Holdings, Inc. (OTCQB: IVFH), a leading nationwide provider of specialty foods, healthcare foods, gluten free foods, and direct from source artisanal foods, to the professional foodservice market, today announced that it has acquired 100% of The Fresh Diet, Inc. The Fresh Diet is the nationwide leader in freshly prepared gourmet specialty meals, using the finest…

Isoftstone Holdings (ISS)

Going Private News
BEIJING, August 21, 2014 /PRNewswire/ -- iSoftStone Holdings Limited ("iSoftStone" or "the Company," NYSE: ISS), a leading China-based IT services provider in the People's Republic of China, is pleased to announce that in addition to the previously announced recommendation of Institutional Shareholder Services Inc. ("ISS"), Glass Lewis & Co., LLC ("Glass Lewis") and Egan-Jones Proxy Services (…

Noah Holdings (NOAH)

Joint Venture
SHANGHAI, August 21, 2014 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH), a leading wealth management service provider focusing on distributing wealth management products to the high net worth population in China, today clarifies status of the asset management plan of Wanjia Win-Win Jingtai Fund Phase I to Phase IV in response to certain inaccurate reports regarding relevant topics in Chinese media. From June 13,…

Viaspace (VSPC)

Deal Flow
Item 1.01 Entry into a Material Definitive Agreement. Loan Agreement On August 20, 2014, Kevin Schewe, Director of the Registrant, made a $25,000 loan to the Registrant in conjunction with the Loan Agreement entered into with the Registrant on September 30, 2012. In the Loan Agreement, Schewe agreed, subject to satisfaction of certain conditions, including among other things, Schewe’s satisfaction with the use proceeds of past loans, to provide…

Xunlei Ltd Adr (XNET)

Comments & Business Outlook
Second Quarter 2014 Financial Results Total revenues were US$45.8 million, an 11.1% increase from the previous quarter and a 2.3% decrease from the corresponding period in 2013. Non-GAAP diluted loss per ADS in the second quarter of 2014 was US$4.65. vs. last years same quarter of $0.10 Mr. Sean Zou, Chairman and Chief Executive Officer of Xunlei, commented: "We are delighted to report…

Yingli Green Energy (YGE)

Contract Awards
System to be one of the largest installed on a rented rooftop BAODING, China and TOKYO, August 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 its wholly-owned subsidiary, Yingli Green Energy Japan Corporation,…


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