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 Tracking 1239 U.S. listed China Stocks and Counting...
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Research - GeoResearch

Tuesday, July 8, 2014

Actions Semiconductor Co (ACTS)

Comments & Business Outlook
ZHUHAI, China, July 8, 2014 /PRNewswire/ -- Actions Semiconductor Co., Ltd. (Nasdaq: ACTS) ("Actions Semiconductor" or "the Company"), one of China's leading fabless semiconductor companies that provides comprehensive portable multimedia and mobile Internet system-on-a-chip (SoC) solutions for portable consumer electronics, today announced that it is lowering its revenue guidance for the second quarter of 2014 based on the Company's preliminary review of…

Ambicom Holdings (ABHI)

Comments & Business Outlook
MILPITAS, CA--(Marketwired - Jul 8, 2014) - AmbiCom Holdings, Inc. (OTCQB: ABHI), a leading designer and developer of innovative wireless hardware and tuning software products targeting the healthcare market and optimizing complex IT environments with more than one million devices sold worldwide, today announced that the Veloxum solution is now fully integrated with the Kaseya Virtual System Administrator (VSA). The Veloxum automated server and workstation tuning solution can now be taken…

Ambow Education Holdings (AMBO)

Comments & Business Outlook
AMBOW EDUCATION HOLDING LTD. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (All amounts in thousands, except for share and per share data) > Management Discussion and Analysis Year ended December 31, 2013 compared with year ended December 31, 2012 Net revenues. Our net revenues decreased by 10.7% from RMB1,277.5 million in 2012 to RMB1,140.5 (US$188.4 million) in…

Armco Metals Holdings (AMCO)

Comments & Business Outlook
NEW YORK, NY--(Marketwired - Jul 8, 2014) - Armco Metals Holdings, Inc. ("Armco Metals Holdings") (NYSE MKT: AMCO), a distributor of imported metal ores and a steel recycler in China, today announced that its Armco (Lianyungang) Renewable Metals, Inc. subsidiary ("Renewable Metals") was included in a list of companies having received approval for operation according to the "Standards of Entering the Scrap…

Au Optronics (AUO)

Comments & Business Outlook
HSINCHU, Taiwan, July 8, 2014 /PRNewswire/ -- In view of the growing market potential for high performance solar products, BenQ Solar, the leading solar solution brand of AU Optronics, announced today that its portfolio of high efficiency solar modules and solutions are readily available for the U.S. market. To meet high power system requirements, BenQ Solar offers the mono-crystalline GreenTriplex PM060M02, a 60-cell high efficiency module with maximum power output of 290W…

Empire Global (EMGL)

CFO Trail
ITEM 5.02 - DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; APPOINTMENT OF PRINCIPAL OFFICERS. Departure of Officers and Directors. The Company reports the departure of Sharad Mistry as our CFO and as a director. In addition, Mr. Mistry will no longer be a member of our Advisory Committee. As a result, the position of CFO will be filled by Mr. Davidson until a suitable replacement is appointed…

Keyuan Petrochemicals (KEYP)

Comments & Business Outlook
KEYUAN PETROCHEMICALS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) (Amounts in thousands, except share and per share data) > Management Discussion and Analysis Sales Our sales for the three months ended March 31, 2014 were approximately $201.9 million, compared to sales of $209.6 million for the three months ended March 31, 2014,…

Leo Motors (LEOM)

Acquisition Activity
Item 2.01 Completion of Acquisition or Disposition of Assets On July 1, 2014, Leo Motors, Inc., a Nevada Corporation (the “Company”) acquired all of the outstanding common stock of LGM Co. Ltd., a corporation incorporated in the Republic of Korea (“LGM”), from LGM’s shareholders, which represents 813,747 shares of LGM common stock, in exchange…

Sino-Global Shpping (SINO)

Comments & Business Outlook
NEW YORK, July 8, 2014 /PRNewswire/ -- Sino-Global Shipping America, Ltd. (NasdaqCM: SINO) ("Sino-Global" or the "Company"), an international shipping agency and logistic services provider, today provided an update on its ongoing strategic discussions with Qingdao Zhenghe Shipping (Group) Co. Ltd. ("Zhenghe") and announced that Sino-Global has signed a non-binding acquisition proposal to acquire Zhenghe's ship management company,…

Skystar Bio-Pharma (SKBI)

Hot Bio-Tech News
XI'AN, CHINA--(Marketwired - Jul 8, 2014) - Skystar Bio-Pharmaceutical Company (NASDAQ: SKBI), a China-based manufacturer and distributor of veterinary medicine, vaccines, micro-organisms and feed additives, today announced the launch of a new product in China -- bovine immunoglobulin G (IgG) kits targeting China's domestic pig farming communities. This product helps to prevent and treat blue ear disease, respiratory pneumonia, pseudorabies, swine fever…

Techprecision Corp Common (TPCS)

Investor Alert
Item 1.01 Entry into a Material Definitive Agreement As the Company previously disclosed in Current Reports on Form 8-K dated January 23, April 1 and June 4, 2014, the Company and Ranor, were parties to: (i) a Forbearance and Modification Agreement with Santander Bank, N.A. (formerly Sovereign Bank) (the “Bank”) dated January 16, 2014 (the “First Forbearance Agreement”)…


Monday, July 7, 2014

Canadian Solar (CSIQ)

Contract Awards
GUELPH, Ontario, July 7, 2014 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that its wholly owned subsidiary, Canadian Solar Solutions Inc., on Monday, June 30, completed the sale of the 10 MW AC Val Caron solar power plant ("Val Caron") valued at over C$60…

China Biologic Products (CBPO)

Deal Flow
ITEM 7.01 REGULATION FD DISCLOSURE. On July 2, 2014, China Biologic Products, Inc. (the “Company”) completed an offering (the “Offering”) of 1,782,500 shares of its common stock at a price of $38.00 per share, less the underwriting discounts. In the Offering, the Company sold 920,000 shares (including 120,000 shares sold pursuant to the exercise by the underwriters…

China Sunergy (CSUN)

Joint Venture
NANJING, China, July 7, 2014 /PRNewswire/ -- China Sunergy Co., Ltd. (NASDAQ: CSUN) ("China Sunergy" or "the Company"), a specialized solar cell and module manufacturer, today announced that its wholly-owned R&D subsidiary, China Sunergy (Nanjing) Power Science & Technology Co., Ltd. (the "R&D Innovation Plant"), has entered into a strategic collaboration…

China Yuchai (CYD)

Special Dividend
SINGAPORE, July 4, 2014 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today the results of stockholders' elections in relation to the dividend declared by its Board of Directors on May 12, 2014. The dividend of US$1.20 per share of common stock for the financial year 2013 to be made either wholly in cash or in new shares of CYI's common stock (…

Highway Holdings (HIHO)

Regular Dividend News
HONG KONG, July 7, 2014 (GLOBE NEWSWIRE) -- Highway Holdings Limited (Nasdaq:HIHO) today announced its board of directors has declared a cash dividend of $0.05 per share on the company's common stock. The dividend will be paid on August 8, 2014 to shareholders of record on July 28, 2014…

Jinkosolar Holdings (JKS)

Contract Awards
SHANGHAI, July 7, 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 become the sole PV facility provider for Tsinghua University's 'Dream Grid' Plan. The 'Dream Grid' Plan was founded by Tsinghua University's Department of Electronic Engineering in an effort to provide students with a…

Kandi Technolgies Group (KNDI)

Comments & Business Outlook
JINHUA, China, July 7, 2014 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company" or "Kandi") (Nasdaq:KNDI), today announced that the manufacturing subsidiary of Kandi Brand electric vehicles, Kandi Electric Vehicles Group Co., Ltd. (the "JV Company") has received a national subsidy of RMB197 million (approximately US$31.8 million) for sales of over 3,000 Electric Vehicles ("EVs"…

Silicon Motion Tech (SIMO)

Comments & Business Outlook
Taipei, Taiwan, July 7, 2014 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion" or the "Company"), a global leader in designing and marketing NAND flash controllers for solid state storage devices and specialty RF IC solutions for mobile devices, announces that based upon its preliminary financial results, sequential revenue growth for the second quarter is expected to be in the 30 to 32% range, significantly above…

Sorl Auto Parts (SORL)

Contract Awards
ZHEJIANG, China, July 7, 2014 /PRNewswire/ -- SORL Auto Parts, Inc. (NASDAQ: SORL) ("SORL" or the "Company"), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, announced today that the Company entered into an agreement to supply its braking products to Sichuan Hyundai Motor Company ("SHMC"). SHMC recently held a formal launch of…

Tianyin Pharmaceuticals Co (TPI)

Comments & Business Outlook
CHENGDU, China, July 7, 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), today announced that the Company has received the Good Manufacturing Practice (GMP) certification under certificate number Chuan K0592, valid until December 31, 2015 for its tablets manufacturing division…

Wsp Holdings (WH)

Comments & Business Outlook
WUXI, China, July 7, 2014 /PRNewswire/ -- WSP Holdings Limited (NYSE: WH) ("WSP Holdings" or the "Company"), a Chinese manufacturer of API ("American Petroleum Institute") and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction ("Oil Country Tubular Goods" or "OCTG"), and other pipes and connectors, announced that the People'…

Yongye Intl (YONG)

Going Private News
NEW YORK, July 4, 2014 /PRNewswire/ -- Yongye International, Inc. (the "Company", NASDAQ: YONG), a leading developer, manufacturer, and distributor of crop nutrient products in the People's Republic of China, today announced the completion on July 3, 2014, New York time, of the merger (the "Merger") contemplated by the previously announced agreement and plan of merger, dated as of September 23, 2013,…


Friday, July 4, 2014

Investor Alert
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. (a) On June 30, 2014, Cleantech Innovations, Inc. (the “Registrant”) received a deficiency letter from The Listing Qualifications Department of The NASDAQ Stock Market LLC (“NASDAQ”) indicating that it was no longer in compliance with NASDAQ’s majority…

Aurasource (ARAO)

Comments & Business Outlook
AURASOURCE, INC. CONSOLIDATED STATEMENTS OF OPERATIONS YEARS ENDED MARCH 31, 2014 AND 2013 > Management Discussion and Analysis Results from Operations Revenues Revenues were $454,820 and zero for 2014 and 2013, respectively. We expect to begin to increase our revenues starting in our fiscal year ending 2015 with additional funding…

China Bak Battery (CBAK)

Investor Alert
ITEM 8.01. OTHER EVENTS. As previously disclosed, to repay its overdue bank loans, Shenzhen BAK Battery Co., Ltd. (“Shenzhen BAK”), a wholly-owned subsidiary of China BAK Battery, Inc. (the “Company”) borrowed from Mr. Jinghui Wang an aggregate of RMB520 million (approximately $85.9 million) (the “Loans”) in December 2013…

China Recycling Energy (CREG)

Deal Flow
Item 1.01 Entry into a Material Definitive Agreement. On June 28, 2014, Xi’an TCH Energy Technology Co., Ltd (“Xi’an TCH”), a wholly owned subsidiary of China Recycling Energy Corporation (the “Company”) entered into an Asset Transfer Agreement (the “Transfer Agreement”) with Qitaihe City Boli Yida Coal Selection Co., Ltd…

Leo Motors (LEOM)

CFO Trail
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Effective July 2, 2014, Thomas Cheong has resigned his position as Leo Motor’s Inc.’s (the “Company”) Chief Financial Officer and as a director serving on the Company’s Board of Directors. Mr. Cheong’s resignation was not as a result of…


Thursday, July 3, 2014

China Hydroelectric (CHC)

Going Private News
BEIJING, July 3, 2014 /PRNewswire/ -- China Hydroelectric Corporation (NYSE: CHC, CHCWS) ("China Hydroelectric" or the "Company"), an owner, developer and operator of small hydroelectric power projects 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, dated as…

Empire Global (EMGL)

Comments & Business Outlook
Item 8.01 OTHER EVENTS On July 1, 2014 Empire Global Corp. (the "Company") signed a Letter of Intent("LOI") with Delamore and Owl Group of Companies to provide online gamingproducts and services throughout Asia. Delamore & Owl Group of Companies ("D&O") is a privately held parent enterpriseof more than 48 subsidiaries. Among its portfolio of clients are legions ofgovernment, nongovernment, and privately owned entities representing more…

Iao Kun Group Holding Co (IKGH)

Comments & Business Outlook
HONG KONG--(BUSINESS WIRE)--Iao Kun Group Holding Company Limited (�IKGH�) (NASDAQ:IKGH), which operates through its subsidiaries and related promotion entities that act as VIP room gaming promoters and collaborator, today announced unaudited Rolling Chip Turnover (as defined below) for the month of June 2014 at the company�s VIP rooms in Macau was US$1.35 billion, up 2% year-over-year, compared to US$…

Nq Mobile (NQ)

Comments & Business Outlook
BEIJING and DALLAS, July 3, 2014 /PRNewswire/ -- NQ Mobile Inc. ("NQ Mobile" or the "Company") (NYSE: NQ), a leading global provider of mobile Internet services, today announced certain changes to its Board of Directors and provided a status update on its 2013 annual audit. Two new independent Directors, Messrs. Max Yao and Justin Chen, have been appointed to the Board and the Audit Committee, effective…

Semiconductor Mfg (SMI)

Joint Venture
SAN DIEGO, July 3, 2014 /PRNewswire/ -- Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981) and Qualcomm Incorporated (NASDAQ: QCOM), have announced that SMIC and Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, are working together in connection with 28nm process technology and wafer manufacturing services in China to manufacture Qualcomm� Snapdragon� processors. Qualcomm Technologies' Snapdragon processors are purpose…

Sino-Global Shpping (SINO)

Notable Share Transactions
NEW YORK, July 3, 2014 /PRNewswire/ -- Sino-Global Shipping America, Ltd. (NasdaqCM: SINO) ("Sino-Global" or the "Company"), an international shipping agency and logistic services provider, today announced the closing of its previously announced underwritten public offering of 572,000 registered shares of its common stock, without par value per share, at a price to the public of $1.76 per share. The underwriter partially exercised…

Utstarcom Holdings Corp Ordina (UTSI)

Comments & Business Outlook
HONG KONG, July 3, 2014 (GLOBE NEWSWIRE) -- UTStarcom (Nasdaq:UTSI), a global telecommunications infrastructure provider, announced today the completion of a successful proof of concept test of its Software Defined Networking solution, a ground-breaking capability that will radically improve network operations through automation and delivery of valuable new services for telecom and mobile operators. UTStarcom conducted the proof of concept (PoC) of this new technology, trademarked SOOTM for Software Defined Open Packet…


Wednesday, July 2, 2014

Cazador Acquisition (CAZA)

Deal Flow
Item 1.01 Entry into a Material Definitive Agreement. Effective June 30, 2014, TOT Group, Inc., a subsidiary of Net Element, Inc. (the “Company), TOT Payments, LLC, TOT BPS, LLC, TOT FBS, LLC, Process Pink, LLC, TOT HPS, LLC and TOT New Edge, LLC, each a subsidiary of TOT Group, Inc., as co-borrowers, entered into a Loan and…

China Yuchai (CYD)

Joint Venture
SINGAPORE, July 2, 2014 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), has entered into an equity transfer agreement to restructure the ownership of its joint venture company - Yuchai Remanufacturing Services (Suzhou) Co., Ltd. ("YRC"). Pursuant to…

Corporate Structure Info.
SINGAPORE, July 2, 2014 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), has entered into an equity transfer agreement to restructure the ownership of its joint venture company - Yuchai Remanufacturing Services (Suzhou) Co., Ltd. ("YRC"). Pursuant to…

Chinanet Online Holdings (CNET)

Resolution of Legal Issues
BEIJING, July 2, 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 June 30, 2014, the Listing Qualifications Department of the NASDAQ Stock Market LLC (the "NASDAQ") advised ChinaNet Online Holdings, Inc. (the "Company") that, based on its further review and the materials submitted by the Company on June 16, 2014, NASDAQ has determined to grant an exception to enable…

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 June 30, 2014, the Listing Qualifications Department of the NASDAQ Stock Market LLC (the "NASDAQ") advised ChinaNet Online Holdings, Inc. (the "Company") that, based on its further review and the materials submitted by the Company on June 16, 2014, NASDAQ has determined to grant an exception to enable…

Chipmos Technologies (IMOS)

Comments & Business Outlook
HSINCHU, July 2, 2014 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS") (Nasdaq: IMOS) announced today that its majority-owned subsidiary, ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan") (TSE: 8150), has secured two new credit lines (collectively, the "Credit Facility") from a syndicate of eleven Taiwan banks. The first credit line is a NT$6.0 billion (approximately US$…

Cninsure (CISG)

Joint Venture
GUANGZHOU, China, July 2, 2014 (GLOBE NEWSWIRE) -- CNinsure Inc. (Nasdaq:CISG), (the "Company" or "CNinsure"), a leading independent insurance intermediary company operating in China, today announced that Baoxian.com, an independent online insurance distributor in which CNinsure owns a majority of the equity interests, entered into an online distribution agreement with PICC Property and Casualty Company Limited ("PICC P&C"), the largest…

Orient Paper (ONP)

Comments & Business Outlook
BAODING, Hebei, China, July 2, 2014 /PRNewswire/ -- Orient Paper, Inc. (NYSE MKT: ONP) ("Orient Paper" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced the Company has ramped up its renovated PM1, and provides operation and market updates to shareholders and investors. PM1 Update Orient Paper has recently commenced commercial production of the newly renovated…

Pingtan Marine Enterprises Ltd (PME)

Joint Venture
FUZHOU, China, July 2, 2014 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan") a global fishing company based in the People's Republic of China ("PRC"), today announced that the Company finalized its joint venture with China Co-op (Hainan) Industry Development Co., Ltd., one of China Co-op Group's wholly-owned companies. The Company had previously announced a…

Vimicro Intl (VIMC)

Contract Awards
BEIJING, July 2, 2014 /PRNewswire/ -- Vimicro International Corporation (NASDAQ: VIMC) ("Vimicro" or the "Company"), a leading video surveillance technology and solution provider, today announced that it has won a competitive bid for the provision of SVAC-compliant video surveillance products to Handan Municipal Government in Hebei Province, with an estimated contract size of RMB 23 million, or USD $ 3.7 millionapproximately. "We are pleased to…

Windstream Technologies (WSTI)

Investor Alert
On 7/1/2014 we published our article on WSTI, part of our findings were that: The SEC sends letters regarding disclosures that investors can review by observing “upload” filings on a company’s SEC page. The SEC has been sending WSTI (pre and post-reverse merger) letters asking for clarity on disclosures. There have been two relevant SEC “upload” letters after WSTI’s reverse merger…


Tuesday, July 1, 2014

China Biologic Products (CBPO)

Deal Flow
China Biologic Products, Inc. Common Stock 1,550,000 Shares PRICE $38.00 A SHARE >…

China Fruits (CHFR)

Comments & Business Outlook
BEIJING, July 1, 2014 /PRNewswire-FirstCall/ -- China Fruits Corporation (OTC: CHFR) ("China Fruits" or "the Company"), a distributor and producer of fresh tangerine and other fresh fruits in People's Republic of China, decides to open its flagship store in Tmall, a leading third-party platform for brands and retailers. This would be a significant step entering the Chinese domestic fruit e-commerce. "The huge traffic and…

Empire Global (EMGL)

Acquisition Activity
Item 8.01 OTHER EVENTS On June 30, 2014, Empire Global Corp. and Multigioco Srl mutually agreed to extend the Closing Date of the Agreement first entered into by the parties on May 15, 2014 to July 31, 2014 or sooner if practicable and if mutually agreed upon in writing by the parties to the Agreement. The extension is required to allow additional time necessary to complete an audit of the financial statements of Multigame Enterprise Limited and Multigioco Srl. The…

Hollysys Automation (HOLI)

Contract Awards
BEIJING, July 1, 2014 /PRNewswire-FirstCall/ -- Hollysys Automation Technologies, Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications inChina, announced today that it signed two contracts to provide the ground-based high-speed rail signaling system and equipments to Guiyang- Guangzhou high-speed rail line ("Guiguang Line") Guizhou section and Baiyun- Longli north high-speed rail…

Sino-Global Shpping (SINO)

Deal Flow
SINO-GLOBAL SHIPPING AMERICA, LTD. 572,000 Shares of Common Stock Our shares of common stock are currently traded on the NASDAQ Capital Market under the symbol “SINO.” On June 25, 2014, the closing sale price of our shares of common stock was $2.22 per share. As of the date of this prospectus supplement, the aggregate market value of our outstanding shares of common stock held by non-affiliates was approximately…

Tel Instrument Electronic (TIK)

Comments & Business Outlook
Fourth Quarter 2014 Results Fourth quarter 2014 revenues were $4.5 million compared to $1.9 in the prior year period. Non-GAAP earnings for the fourth quarter 2014 were $0.15 vs. a loss of $0.36 in the prior year. The Company also announced the receipt of full rate production approval for the U.S. Army TS-4530A KITS with deliveries of about $400k per month to begin in July 2014…

Versar (VSR)

Acquisition Activity
SPRINGFIELD, Va., July 1, 2014 /PRNewswire/ -- Versar, Inc. (NYSE MKT: VSR) announced today that it has acquired J.M. Waller Associates, Inc., a Service Disabled Veteran Owned Small Business (SDVOSB) with more than $30 million in annual revenues. The acquisition price of $13 million will be satisfied with cash and a seller note. J.M. Waller is expected to be accretive to earnings in year…

Volitionrx (VNRX)

CFO Trail
ITEM 5.02.DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS. On July 1, 2014, Malcolm Lewin (“Mr. Lewin”) resigned from his positions as Chief Financial Officer and Treasurer of VolitionRX Limited, a Delaware corporation (the “Company”). Mr. Lewin’s resignation as Chief Financial Officer and Treasurer of the Company did not involve any disagreement with the…

You On Demand Holdings (YOD)

Auditor trail
Item 4.01. Changes in Registrant’s Certifying Accountant YOU On Demand Holdings, Inc. (the “Company”) previously engaged UHY LLP (“UHY”) as its independent auditor for the fiscal year ending December 31, 2014. UHY has served as the independent auditor for the Company since August, 1, 2007. On June 24, 2014, the Company’s audit committee authorized the…

Auditor trail
Item 4.01. Changes in Registrant’s Certifying Accountant YOU On Demand Holdings, Inc. (the “Company”) previously engaged UHY LLP (“UHY”) as its independent auditor for the fiscal year ending December 31, 2014. UHY has served as the independent auditor for the Company since August, 1, 2007. On June 24, 2014, the Company’s audit committee authorized the…

Zap (ZAAP)

Joint Venture
SANTA ROSA, Calif., June 30, 2014 /PRNewswire/ -- ZAP (ZAAP), an Electric Vehicle (EV) automotive company incorporated in California and headquartered in Santa Rosa, California received from SunRa volume purchase agreement for its URBEE through its subsidiary Jonway Auto for the Chinese. This contract is an agreement by SunRa to purchase 1,000 URBEEs per month from Jonway Auto to sell through its distribution network in China, starting with the first shipment of 500…


Monday, June 30, 2014

Ambicom Holdings (ABHI)

Comments & Business Outlook
MILPITAS, CA--(Marketwired - Jun 30, 2014) - AmbiCom Holdings, Inc. (OTCQB: ABHI), a leading designer and developer of innovative wireless hardware and tuning software products targeting the healthcare market and optimizing complex IT environments with more than one million devices sold worldwide, today announced that it has appointed a distributor for the Veloxum product line in South Korea. The distributor, Insung Digital Co. Ltd, based in Seoul, South Korea…

Asia Green Agriculture Corporation (AGAC)

Going Private News
Item 8.01 Other Events. As previously reported on Form 8-K filed on November 21, 2013 (the “Prior Form 8-K”), the Board of Directors of Asia Green Agriculture Corporation (the “Company”; OTCBB: AGAC) received a preliminary non-binding proposal from Mr. Youdai Zhan, Chairman and Chief Executive Officer of the Company, to acquire all of the outstanding shares of common stock of…

Canadian Solar (CSIQ)

Contract Awards
GUELPH, Ontario, June 30, 2014 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that it has recently signed a sales contract to supply 12.6MW of photovoltaic ("PV") modules to Kayseri Organized Industry Zone (KOIZ) and a consortium of companies in KOIZ, (BESLER Tekstil San…

China Distance Education (DL)

Comments & Business Outlook
BEIJING, June 30, 2014 /PRNewswire/ -- China Distance Education Holdings Limited (NYSE: DL) ("CDEL", or the "Company"), a leading provider of online education in China focusing on professional education, today announced that the Company was added to the Russell Global Index effective June 27, 2014. "We are pleased to have earned inclusion in this well-know and widely followed market index, which reflects the shareholder value we…

China Integrated Energy (CBEH)

Comments & Business Outlook
XI'AN, China, June 28, 2014 /PRNewswire/ -- China Integrated Energy, Inc. (OTC Pink Limited Information: CBEH) ("China Integrated Energy" or "the Company"), a leading non-state-owned integrated energy company in the People's Republic of China, today announced that the Company received an order from the SEC announcing the commencement of an action to de-register the company. The Company is committed to becoming current with its…

China Mobile Games (CMGE)

Comments & Business Outlook
HONG KONG, June 30, 2014 (GLOBE NEWSWIRE) -- China Mobile Games and Entertainment Group Limited ("CMGE" or the "Company") (CMGE), the largest publisher and a leading developer of mobile games in China, today announced that it has signed an exclusive licensing agreement with TECMO KOEI GAMES CO., LTD. ("TKG") to publish mobile game Uncharted Waters 5 in Mainland China for three years. Uncharted Waters has…

China Yct Intl (CYIG)

Comments & Business Outlook
CHINA YCT INTERNATIONAL GROUP, INC.CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS > Management Discussion and Analysis Net Sales During the year ended March 31, 2014, we realized $34,062,632 in revenue, representing an increase of 2.9% or $959,749 as compared to $33,102,883 for the same period in 2013. We increased advertising and promotion of our Huoliyuan capsules since obtaining the certification pursuant to the criteria set forth by the Good Manufacturing Practices…

Fab Universal (FU)

Comments & Business Outlook
FAB UNIVERSAL CORP AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (includes only the restated accounts) > Management Discussion and Analysis Results of Operations. Year Ended December 31, 2013 Compared to Year Ended December 31, 2012 FAB Universal derives its revenue from the sale of copyright protected media, FAB Brand licenses, advertising sales and FAB Membership cards sold in mainland China as well as from our…

Investor Alert
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. As of June 26, 2014, [20,805,860] shares of our common stock were outstanding and the last reported sales price for our common stock on the NYSE MKT on November 21, 2013 was $3.07 per share. We were notified on November 21, 2013 that the NYSE MKT had instituted a trading halt in our common stock,…

Highway Holdings (HIHO)

Comments & Business Outlook
Fourth Quarter 2014 Financial Results Net sales for the fiscal fourth quarter were $5.4 million compared with $5.5 million a year earlier. Net income for the same period was $145,000, or $0.04 per diluted share, compared with $274,000, or $0.07 per diluted share, a year earlier mainly due to a tax credit of $142,000 that the company received in fiscal 2013. "Despite continued…

Ikang Health Care Group (KANG)

Comments & Business Outlook
BEIJING, June 30, 2014 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. ("iKang" or the "Company") (Nasdaq:KANG), the largest provider in China's fast growing private preventive healthcare services market in terms of revenue in 2013, today announced that it has completed 100% acquisition of Shanghai Huajian Clinic Ltd. ("Huajian"), a well-known middle-to-high end brand in Shanghai's medical examination market…

Jiayuan.com Intl (DATE)

Comments & Business Outlook
BEIJING, June 30, 2014 /PRNewswire/ -- Jiayuan.com International Ltd. ("Jiayuan") (NASDAQ: DATE), operator of the largest online dating platform in China, today announced that the number of registered user accounts on Jiayuan.com surpassed the 110 million milestone at 7:44 P.M. Beijing Time on June 29, 2014. Since its inception over ten years ago, Jiayuan has enabled 12.3 million successful matches in China. According…

Ossen Innovation Co (OSN)

Comments & Business Outlook
First Quarter 2014 Financial Results Revenue for the three months ended March 31, 2014 was $28.0 million, up 92% from the same period a year ago. Earnings per share were $0.02 versus $0.00 a year ago "I am pleased with Ossen's significant increase in revenue during this quarter," said Dr. Liang Tang, Chairman of Ossen Innovation. "We experienced year over year demand growth for our higher…

Qkl Stores (QKLS)

Investor Alert
DAQING, China, June 30, 2014 /PRNewswire/ -- QKL Stores Inc. (the "Company") (Nasdaq: QKLS), a leading regional supermarket chain in Northeastern China, today announced that on June 26, 2014, it received a letter from The NASDAQ Stock Market LLC ("NASDAQ") notifying the Company that, as a result of the appointment of Mr. Cheng Kam Ho on June 25, 2014 to the Company's Board…

Resolution of Legal Issues
DAQING, China, June 30, 2014 /PRNewswire/ -- QKL Stores Inc. (the "Company") (Nasdaq: QKLS), a leading regional supermarket chain in Northeastern China, today announced that on June 26, 2014, it received a letter from The NASDAQ Stock Market LLC ("NASDAQ") notifying the Company that, as a result of the appointment of Mr. Cheng Kam Ho on June 25, 2014 to the Company's Board…

Sino-Global Shpping (SINO)

Deal Flow
SINO-GLOBAL SHIPPING AMERICA, LTD. 572,000 Shares of Common Stock >…

Tianyin Pharmaceuticals Co (TPI)

Comments & Business Outlook
CHENGDU, China, June 29, 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) attended 2014 China Pharmaceutical International Conference and Exhibit (CPhI China: http://www.cphi-china.cn/) held at Shanghai from June 26th till 28th, 2014 to facilitate…

Vimicro Intl (VIMC)

Contract Awards
BEIJING, June 30, 2014 /PRNewswire/ -- Vimicro International Corporation (NASDAQ: VIMC) ("Vimicro" or the "Company"), a leading video surveillance technology and solution provider, today announced that it won two competitive bids to supply SVAC-compliant video surveillance camcorders and systems to Maoming City in Guangdong Province valued at RMB 10 million and Lanzhou City in Gansu Province valued at RMB 20 million, with estimated aggregated contract value of RMB 30 million,…

Windstream Technologies (WSTI)

Deal Flow
Summary of share issuance transactions post reverse merger that occured in May 2013: Between May 10 and May 14, 2013, WindStream entered into subscriptions agreements (the “Subscription Agreements”) with three accredited investor for the issuance of convertible promissory notes (the “Notes”) in the aggregate principal amount of $450,000, which are convertible into shares of common stock of the Company at $0.25 per…

Investor Alert
Please see our new article on WSTI... Regulator Halt Risk For WindStream Technologies, Inc. (WSTI) Appears High We are unable to identify the whereabouts of around 26 million free trading shares. Dilution on the way; If company does not raise money it will be unable to fill purchase orders discussed in releases that may have helped fuel stock’s recent pump. The number of free trading shares resulting from the…

Xinyuan Real Estate (XIN)

CFO Trail
BEIJING, June 30, 2014 /PRNewswire/ -- Xinyuan Real Estate Co., Ltd. ("Xinyuan" or the "Company") (NYSE: XIN), a residential real estate developer with a focus on high growth cities in China, today announced the appointment of Dr. Manbo He as its new chief financial officer, effective June 30, 2014. Dr. Manbo He joins Xinyuan from Kingold Group, a Guangzhou-based conglomerate, where…

Yongye Intl (YONG)

Going Private News
BEIJING, June 30, 2014 /PRNewswire/ -- Yongye International, Inc. (NASDAQ: YONG) ("Yongye" or the "Company"), a leading developer, manufacturer, and distributor of crop nutrient products in the People's Republic of China, today announced that the parties are still working on the logistics to complete the amended going private transaction. At the special meeting of stockholders of the Company (the "Special Meeting") held…


Friday, June 27, 2014

Actions Semiconductor Co (ACTS)

Contract Awards
ZHUHAI, China and CAMBRIDGE, England, June 27, 2014 /PRNewswire/ -- Actions Semiconductor Co., Ltd. (Nasdaq: ACTS), one of China's leading fabless semiconductor companies, and ARM (NASDAQ: ARMH), the world's leading semiconductor intellectual property (IP) supplier, have signed a license agreement for the 64-bit ARM® Cortex®-A50 processor family. Actions Semiconductor's first SoC is due to be…

China Biologic Products (CBPO)

Notable Share Transactions
BEIJING, June 27, 2014 /PRNewswire/ -- China Biologic Products, Inc. (NASDAQ: CBPO, "China Biologic" or the "Company"), a leading plasma-based biopharmaceutical company in China, today announced the pricing of a follow-on offering of 1,550,000 shares of common stock at a public offering price of $38.00 per share. The Company will be offering 800,000 shares and a selling stockholder will be offering 750,000 shares…

China Jo-Jo Drugstores (CJJD)

Comments & Business Outlook
> > Management Discussion and Analysis Revenue Despite the expansion of our retail business, revenue decreased by $23,340,959 or 26.1% for the year ended March 31, 2014, as compared to the previous fiscal year, primarily due to a decrease in our wholesale business and herb farming business. Net Loss For the fiscal year ended March 31, 2014, we…

China Recycling Energy (CREG)

Investor Alert
New Report available on CREG Between August 2 and August 23, 2013, we performed preliminary due diligence on China Recycling Energy (CREG). We believe the summary of recent developments surrounding the intent of large shareholders of CREG to liquidate their entire positions indirectly support our preliminary negative due diligence findings that one of CREG’s projects was not generating revenue and that its equipment was idled during our observation period . (Basically, where…

Lentuo Intl (LAS)

Comments & Business Outlook
First Quarter 2014 Financial Results Building upon its return to profitability for the year 2013, net income was RMB9.0 million ($1.5 million), compared to net loss of RMB8.1 million in the first quarter of 2013. Basic and diluted earnings per ordinary share were RMB0.14 ($0.02) for the first quarter of 2014 compared to basic and diluted loss per ordinary share of RMB0.14 for the first quarter of 2013…

Netease (NTES)

Contract Awards
BEIJING, June 27, 2014 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES), one of China's leading Internet and online game services providers, today announced that its online payment platform, Wangyibao, has secured a license from the China Securities Regulatory Commission (the "CSRC") to provide payment and settlement services for wealth management products. "To meet license application requirements from the CSRC, we have built a highly secure and…

Pingtan Marine Enterprises Ltd (PME)

Auditor trail
FUZHOU, China, June 27, 2014 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan") a global fishing company based in the People's Republic of China ("PRC"), today announced that its Board of Directors has engaged BDO China Shu Lun Pan Certified Public Accountants LLP ("BDO China") to perform an audit of the consolidated financial statements of the company's wholly owned subsidiary,…

Sino-Global Shpping (SINO)

Notable Share Transactions
NEW YORK, June 27, 2014 /PRNewswire/ -- Sino-Global Shipping America, Ltd. (NasdaqCM: SINO) ("Sino-Global" or the "Company"), an international shipping agency and logistic services provider, today announced that it is proposing to offer shares of its common stock in an underwritten public offering. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 15 percent of the shares of common stock…

Sky-Mobi (MOBI)

Comments & Business Outlook
HANGZHOU, China, June 26, 2014 (GLOBE NEWSWIRE) -- Sky-mobi Limited ("Sky-mobi" or the "Company") (Nasdaq:MOBI), a leading mobile application platform in China, today announced an exclusive licensing arrangement with MIHOYO Co, Ltd ("MIHOYO"), a mobile game developer in China, for the distribution of the mobile game, The End of School II, over the iOS platform. MIHOYO was founded in…


Thursday, June 26, 2014

Advantest (ATE)

Comments & Business Outlook
ADVANTEST CORPORATION AND SUBSIDIARIES Consolidated Statements of Operations Years ended March 31, 2012, 2013 and 2014 > Management Discussion and Analysis Revenue Advantest’s net sales decreased by ¥21,025 million, or 15.8%, compared with fiscal 2012, to ¥111,878 million in fiscal 2013. This was primarily due to significant constraints in capital…

Canadian Solar (CSIQ)

Comments & Business Outlook
XI'AN, China, June 26, 2014 /PRNewswire-FirstCall/ -- Kingtone Wirelessinfo Solution Holding Ltd (Nasdaq: KONE) (Kingtone", we" or the Company"), a China-based developer and provider of mobile enterprise solutions, today announced financial results for the six months ended March 31, 2014. The financial statements and other financial information included in this press release are prepared in conformity with accounting principles generally accepted in the United States of America…

Contract Awards
GUELPH, Ontario, June 26, 2014 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that its wholly-owned subsidiary, Canadian Solar Solutions Inc., has entered into an Engineering, Procurement, and Construction ("EPC") agreement with Kingston Solar LP, a solar energy project developed by Samsung Renewable EnergyInc…

China Mobile Games (CMGE)

Company Rebuttal
HONG KONG, June 26, 2014 (GLOBE NEWSWIRE) -- As announced on 20 June, 2014 by China Mobile Games and Entertainment Group Limited ("CMGE" or the "Company") (Nasdaq:CMGE), the largest publisher and a leading developer of mobile games in China, there was an implementation of organizational restructuring and personnel changes in its game publishing business, one of the three business segments of the Company. The purpose of the restructuring is to…

Entertainment Gaming Asia Inc (EGT)

Corporate Structure Info.
Item 1.01 Entry into a Material Definitive Agreement On June 20, 2014, Elixir Gaming Technologies (Cambodia) Limited (“EGT”), a wholly-owned subsidiary of Entertainment Gaming Asia Inc. (the “Company”), entered into a share purchase agreement to sell 100% of the issued capital shares of Dreamworld Leisure (Pailin) Limited (“DWP”), a wholly-owned…

Comments & Business Outlook
HONG KONG, June 26, 2014 /PRNewswire/ -- Entertainment Gaming Asia Inc. (NASDAQ: EGT) ("Entertainment Gaming Asia" or the "Company"), a gaming company focused on emerging gaming markets in Pan-Asia, today announced that it has entered into an agreement to sell 100% of the issued capital shares of Dreamworld Leisure (Pailin) Limited ("DWP"), a wholly-owned Cambodian subsidiary of the Company established for the…

Nutrastar Intl (NUIN)

Notable Share Transactions
HARBIN, China, June 26, 2014 /PRNewswire/ -- Nutrastar International Inc. (OTCQB: NUIN; "Nutrastar" or the "Company"), a leading producer and supplier of premium branded consumer products, including commercially cultivated Cordyceps Militaris ("Cordyceps"), health beverages, and organic and specialty foods, today announced that its CEO, Ms. Lianyun Han, has completed two strategic private share purchasetransactions for a total of 1.9 million shares,…

Radtek (RDTK)

Deal Flow
RadTek, Inc. 14,800,000 Common Shares on behalf of the Selling Stockholder At 95% of Our Average Market Price Calculation of Registration Fee >…

Sino Agro Foods (SIAF)

Joint Venture
GUANGZHOU, China, June 26, 2014 /PRNewswire/ -- Sino Agro Food, Inc. (OTC BB: SIAF), is an integrated, diversified agriculture technology and organic food company ("the Company") with principal operations as primary producer, processor, and marketer in the People's Republic of China ("PRC"). The Company is delighted to announce that its China joint venture company Qinghai Sanjiang A Power Agriculture Co., Ltd…

Sino-Global Shpping (SINO)

Deal Flow
SINO-GLOBAL SHIPPING AMERICA, LTD. Shares of Common Stock We have agreed to issue and sell, subject to certain terms and conditions, to National Securities Corporation as underwriter, an aggregate of authorized but unissued shares and, at the election of the underwriter, up to additional shares of our common stock, without par value per share, at the public…

Smartheat (HEAT)

Comments & Business Outlook
SMARTHEAT INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) > Management Discussion and Analysis Sales Net sales in the three months ended March 31, 2014, were $4.96 million, consisting of $1.96 million for PHEs, $2.20 million for PHE Units, $0.22 million for heat meters and $0.57 million for HPs, while net sales in the…

Vimicro Intl (VIMC)

Contract Awards
BEIJING, June 26, 2014 /PRNewswire/ -- Vimicro International Corporation (NASDAQ: VIMC) ("Vimicro" or the "Company"), a leading video surveillance technology and solution provider, today announced that its joint venture, Shanxi Zhongtianxin Science and Technology Co., Ltd. (Zhongtianxin), has won two contracts to provide SVAC-compliant video surveillance products and systems for traffic control in Taiyuan City, aggregated to USD 14.21 million approximately…


Wednesday, June 25, 2014

China Recycling Energy (CREG)

Company Rebuttal
XI'AN, China, June 25, 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 it is not aware of any material corporate developments beyond its most recently issued news releases and filings with the SEC that could account for the recent unusual trading activity in its shares. The Company's…

General Steel Holdings (GSI)

Comments & Business Outlook
BEIJING, June 25, 2014 /PRNewswire/ -- General Steel Holdings, Inc. ("General Steel" or the "Company") (NYSE: GSI), a leading non-state-owned steel producer in China, today announced that the Company is confident in its business turnaround and currently estimates earnings per share ("EPS") of $0.08 to $0.12 for the second half of 2014. For the six months ending December…

Iao Kun Group Holding Co (IKGH)

Comments & Business Outlook
HONG KONG--(BUSINESS WIRE)--Iao Kun Group Holding Company Limited (NASDAQ:IKGH), which operates through its subsidiaries and related promotion entities that act as VIP room gaming promoters and collaborator, announced today that the Company entered into a termination agreement with Messrs. Lam Man Pou and Vong Hon Kun (the Lender), each an executive officer and a director of the company, whereby the parties agreed to terminate the guaranty obligations of the Lenders pursuant to a loan…

Sinovac Biotech (SVA)

Comments & Business Outlook
BEIJING, June 25, 2014 /PRNewswire/ -- Sinovac Biotech Ltd. (NASDAQ: SVA), a leading provider of biopharmaceutical products in China, today announced that the value added tax (or "VAT") rate applied to the sales of Sinovac's vaccine products will be reduced to 3% from the current rate of 6%, according to a joint notice on reducing and unifying the value added tax (VAT) rate published by the Ministry of…


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