Befut Global Inc (OTC:BFTI)

Wednesday, December 28, 2011 | Web News
> The decrease in gross profit margin was primarily attributable to the decreases in margins of our specialty (in particular, petrochemical)...
Wednesday, September 28, 2011 | Web News
Fiscal 2011 Year End Results Revenue increased 77.9% to $55.6 million for fiscal 2011 compared to $31.3 million for 2010...
Sunday, May 15, 2011 | Web News
Results of Operations Quarter and nine months ended March 31, 2011 compared to the quarter and nine months ended March 31, 2010...
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At least one VIE exists in the corporate structure

We believe we are one of the largest developers, manufacturers and distributors of cable and wire in northeastern China. We are engaged in the production of traditional cables, including metallurgy, electric power system cables, and specialty cables, including marine cable, mine specialty cable, nuclear cable, and petrochemical cable. We also have the technical capability for the production of large-scale submarine cable, a segment with significantly higher profit margins, and locomotive cable, a segment with both large profit margins and high demand.

We believe our location provides our business with geographic advantages. Our headquarters and major facilities of business are located in the area of Dalian, the most important industry and business center in Northeastern China. Northeastern China is an optimal region for developing mining and oil industries due to its rich mineral reserves. Dalian is an ice-free port and a historic capital shipyard in China and, therefore, is an ideal place for development of our marine cables.

Reverse Merger Filing

Last updated April 28, 2010


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