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 Tracking 1247 U.S. listed China Stocks and Counting...
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Research - GeoResearch

Wednesday, August 13, 2014

Allied Motion (AMOT)

Comments & Business Outlook
Second Quarter 2014 Financial Results: Revenue was 62.1 million, an increase of 145% from 25.4 million in the same quarter last year. Adjusted diluted EPS is $0.37 vs $0.10 in prior year. “We are very pleased with the record results for the second quarter 2014 as they continue to validate our previous comments that we expect our revenues for 2014 to more than double relative to Allied’s…

Asia Pacific Wire & Cable (APWC)

Comments & Business Outlook
First Quarter 2014 Financial Results Revenues for the three months ended March 31, 2014 were $109.8 million, up from $101.0 million in the prior period. Net income per share was a loss of $0.07 for the period, compared to income of $0.09 in the first three months of 2013. Business Update and Outlook The political unrest in Thailand caused a delay in delivery for projects with the Thailand government in…

Notable Share Transactions
Share Repurchase Program The Company announced today that its Board of Directors recently approved the implementation of a share repurchase program, pursuant to which the Company is authorized to repurchase up to $1 million worth of its Common Shares. The Company plans to retain a financial adviser to manage the share repurchase program in accordance with Rule 10b-18 under the Securities Exchange Act. Once implemented, the common shares may be repurchased on the open market, in negotiated transactions, in block trades…

Baoshinn Corp (BHNN)

Comments & Business Outlook
BAOSHINN CORPORATION CONSOLIDATED STATEMENT OF OPERATION (Stated in US Dollars) > Management Discussion and Analysis In the three months ended June 30, 2014 and 2013, we derived no revenues from our current operation. Total attributed loss for the three months ended June 30, 2014 were $64,193; while the attributed loss for the three months ended June 30, 2013 were $68,144. Our attributed loss decreased 5…

Canadian Solar (CSIQ)

Comments & Business Outlook
Second Quarter 2014 Financial Results Net revenue for the second quarter of 2014 was $623.8 million, up 33.8% from $466.3 million in the first quarter of 2014 and up 64.0% from $380.4 million in the second quarter of 2013. Net income attributable to Canadian Solar in the second quarter of 2014 was $55.8 million, or $0.95 per diluted share, compared to $3.8 million,…

Capstone Companies (CAPC)

Comments & Business Outlook
Second Quarter 2014 Financial Results: Revenue of $1.2 million increased 15% from $1.0 million in the prior-year period. Net loss was $0.36 million, or EPS of -$0.00, vs loss of 0.42 million, or EPS of -$0.00, from the last year. Stewart Wallach, Capstone's CEO, commented, "The second quarter results came in above our expectations, driving…

China Auto Logistics (CALI)

Comments & Business Outlook
Second Quarter 2014 Financial Results Revenues in the second quarter increased to $113,686,767 from $110,256,310 in the same period last year. (Loss) earnings per share attributable to shareholders of China Auto Logistics Inc. - basic and diluted was $(0.46) vs. last years same quarter of $0.22. Mr. Tong Shiping, Chairman and CEO of the Company commented, "From an operating standpoint,…

China Automotive Systems (CAAS)

Comments & Business Outlook
Second Quarter 2014 Financial Results Net sales increased by 18.0% to a second-quarter record of $115.5 million, compared to $97.9 million in the second quarter of 2013 Adjusted diluted EPS was $0.16 vs $0.18 in prior year. Mr. Qizhou Wu, chief executive officer of CAAS, commented, "We are pleased to report that sales grew by 18.0% in the second quarter of 2014 compared…

China Changjiang Min (CHJI)

Comments & Business Outlook
CHINA CHANGJIANG MINING & NEW ENERGY CO., LTD. CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2014 AND 2013 (Stated in US Dollars) > Management Discussion and Analysis Sales revenue We generated total revenue of $306,113 from continuing operations for the three months ended June 30, 2014, compared…

China Jo-Jo Drugstores (CJJD)

Comments & Business Outlook
First Quarter 2015 Financial Results Diluted EPS loss was $0.02 compared to $0.06 for the comparable quarter of prior year The Company's drugstore sales increased in the first quarter of fiscal 2015, primarily due to a 9.8% increase in same-store sales, and revenues from the proliferation of new stores established over the last few years. Retail profit margin decreased to 17.6% from 25.7% in the first quarter of fiscal 2014 due…

Chipmos Technologies (IMOS)

Comments & Business Outlook
SECOND QUARTER 2014 FINANCIAL RESULTS Net Revenue Increased 8.5% to US$181.2 Million from US$167.0 Million Net Earnings of US$0.19 Per Basic Common Share and US$0.19 Per Diluted Common Share Compared to US$0.37 Per Basic Common Share and US$0.36 Per Diluted Common Share S.J. Cheng, Chairman and Chief Executive Officer of ChipMOS, said, "Our results for the first half of 2014 have been above seasonal…

Acquisition Activity
HSINCHU, August 13, 2014 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company") (Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services, today announced that its Board of Directors has approved the repurchase of 1,000,000 shares or 3.3% ownership of outstanding shares of ChipMOS held by Siliconware Precision Industries Co., Ltd. ("SPIL")…

Regular Dividend News
HSINCHU, August 13, 2014 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company") (Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today declared an annual cash dividend of US$0.14 per share payable on October 30, 2014 to all common shareholders of record at the close of business on October 16, 2014…

Entertainment Gaming Asia Inc (EGT)

Notable Share Transactions
HONG KONG, Aug. 13, 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 proposes to conduct an offering of subscription rights to purchase shares of its common stock at a price of $0.54 per share. On August 13, 2014, the Company filed with the…

Deal Flow
ENTERTAINMENT GAMING ASIA INC >…

Ever-Glory Intl (EVK)

Comments & Business Outlook
Second Quarter 2014 Financial Results Total sales for the quarter were $85.7 million, an increase of 44.9% compared to $59.1 million in the second quarter of last year. This increase was primarily attributable to a 53.6% increased sales in retail business as well as a 34.5% increased sales in wholesale business. Basic and diluted earnings per share were $0.37 and $0.18 for the three months ended June 30,…

Highpower Intl (HPJ)

Comments & Business Outlook
Second Quarter 2014 Financial Results Net sales increased 22.3% to $38.1 million, driven by sales increases across all of Highpower's product lines Non-GAAP net income attributable to the Company increased 756.9% to $1.3 million, or $0.09 per share, from $0.2 million, or $0.01 per share Management Commentary Mr. George Pan, Chairman and CEO of the Company, commented, "We…

Home Inns & Hotels (HMIN)

Comments & Business Outlook
Second Quarter 2014 Financial Results Total revenues increased 6.0% year over year to RMB 1.70 billion (US$273.8 million) for the second quarter of 2014, within the guidance range. Adjusted earnings per share (Non-GAAP) was RMB1.69 vs. last years same quarter of RMB1.45. "We are pleased to report that revenues for the second quarter met our expectations and we achieved the sixth consecutive quarter of year over year…

CFO Trail
SHANGHAI, August 13, 2014 /PRNewswire/ -- Home Inns & Hotels Management Inc. (NASDAQ: HMIN) ("Home Inns Group" or "the Company"), a leading economy hotel chain in China, today announced the appointment of Ms. Cathy Xiangrong Li as chief financial officer of the Company ("CFO"), effective August 25, 2014. Ms. May Wu, the Company's chief strategy officer and interim chief…

Isoftstone Holdings (ISS)

Going Private News
BEIJING, August 13, 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 Institutional Shareholder Services Inc. ("ISS") has recommended that iSoftStone shareholders vote FOR the approval of the agreement and plan of merger dated as of April 18, 2014 (the "Merger Agreement"),…

Jinkosolar Holdings (JKS)

Contract Awards
SHANGHAI, August 13, 2014 /PRNewswire-FirstCall/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the solar PV industry, today announced that JinkoSolar Power Co., Ltd.("Jinko Power"), a subsidiary of the Company hassigned a PV project development agreement with the Economic Development Zone of Lishui City ("Lishui"), Zhejiang Province, to…

Nutrastar Intl (NUIN)

Comments & Business Outlook
Second Quarter 2014 Financial Results Net revenue was $19.87 million, representing an increase of $0.59 million or 3% from $19.29 million in the comparable 2013 six month period. Basic and diluted EPS were $0.40 and $0.38, respectively, vs last years same quarter of $0.37 and $0.35. Ms. Lianyun Han, CEO of Nutrastar, commented, "Our entire consumer product…

Ossen Innovation Co (OSN)

Investor Alert
SHANGHAI, August 13, 2014 /PRNewswire-FirstCall/ -- Ossen Innovation Co., Ltd. ("Ossen" or the "Company") (NASDAQ: OSN), a China-based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, today announced that on August 12, 2014 the Company received a letter from the NASDAQ Stock Market stating that for the previous 30 consecutive business days, the closing bid price of…

Pan Ocean Container Supplies L (PAOCD)

Comments & Business Outlook
> Management Discussion and Analysis Overview Pan Ocean Container Supplies Ltd. was incorporated in the state of Nevada on June 15, 2006. The Company intends to operate as a software developer which will create a software interface which will integrate existing cellular phone devices with an automobile's existing navigation system in order to relay text or email message through an automobile's sound system or navigation display. The initial region we plan to market our website to…

Physical Property (PPYH)

Comments & Business Outlook
PHYSICAL PROPERTY HOLDINGS INC. AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS > Management Discussion and Analysis OPERATING REVENUES. Operating revenues for the second quarter of 2014 totaled HK$243,000 (US$31,000) compared to HK$275,000 for the corresponding period in 2013. This represented a decrease of 12% mainly due to a short period of vacancy for replacement of a tenant in the second quarter of 2014. NET…

Piranha Ventures (PNHV)

Comments & Business Outlook
> Management Discussion and Analysis Results of Operations and Business Outlook Net sales increased by $76,033 or 116.80% to $141,131 for the three months ended June 30, 2014 from $65,098 for the three months ended June 30, 2013. For the three months ended June 30, 2014, $35,370 was generated from the Tengda Hotel, $26,571 was generated from the Tengfei Investment and $79,…

Tel Instrument Electronic (TIK)

Comments & Business Outlook
First Quarter 2015 Results For the three months ended June 30, 2014, the Company recorded net sales of $3,129,076 versus net sales of $3,199,975 in the year ago quarter. For the three months ended June 30, 2014, the Company recorded a net loss of $384,005 ($0.12 per share) as opposed to a net loss of $85,772 ($0.03 per share) in the year…

Viking Investments Group (VKIN)

Comments & Business Outlook
VIKING INVESTMENTS GROUP, INC.Interim Consolidated Statements Of Operations And Comprehensive Loss (Unaudited) (Amounts expressed in US dollars) > Management Discussion and Analysis Revenue The Company had no revenues during the three month periods ended June 30, 2014 and 2013. Net Loss The Company incurred a net loss of $120,540 during the…

Volitionrx (VNRX)

Hot Bio-Tech News
NAMUR, Belgium, August 13, 2014 /PRNewswire/ -- VolitionRx Limited (OTCQB: VNRX), a life sciences company focused on developing blood-based diagnostic tests for different types of cancer, today announced it has installed a Tecan EVO200 automated liquid handling system in its Namur, Belgium laboratory. The Tecan EVO200 is a robot that will significantly accelerate VolitionRx's large scale clinical studies by increasing the throughput and rate of blood sample analysis by up to five times that…


Tuesday, August 12, 2014

51 Job (JOBS)

Comments & Business Outlook
Second Quarter 2014 Financial Results Total revenues increased 13.1% over Q2 2013 to RMB457.5 million (US$73.8 million), exceeding the Company's guidance range Fully diluted earnings per ADS for the second quarter of 2014 were RMB1.72 (US$0.28) compared with RMB3.98 in the second quarter of 2013. Commenting on the results, Rick Yan, President and Chief Executive Officer of 51job, said, "In the second quarter,…

Ambicom Holdings (ABHI)

Comments & Business Outlook
MILPITAS, CA--(Marketwired - Aug 12, 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 about to enter the massive gaming marketplace via enterprise server and home PC solutions to enhance performance for improved gaming-play and user experience…

Canadian Solar (CSIQ)

Contract Awards
GUELPH, Ontario, Canada, Aug. 12, 2014 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (CSIQ), one of the world's largest solar power companies, today announced that the Company executed a 44 MWp module sales agreement with affiliates of Entropy Investment Management, LLC and Entropy Solar Integrators, LLC ("Entropy"). Entropy will construct seven solar farms in North Carolina in 2014…

China Lodging Group (HTHT)

Comments & Business Outlook
Second Quarter of 2014 Financial Results Total revenues for the second quarter of 2014 were RMB1,323.0 million (US$213.3 million), representing a 20.6% year-over-year increase and a 20.5% sequential increase. Basic earnings per ADS3 were RMB2.00 (US$0.32) for the second quarter of 2014 and diluted earnings per ADS were RMB1.97 (US$0.32). Excluding share-based compensation expenses, adjusted basic earnings per…

China Xd Plastics Co (CXDC)

Comments & Business Outlook
Second Quarter 2014 Financial Results Revenues were $264.2 million, an increase of 30.7% from $202.2 million in the second quarter of 2013 Basic and diluted earnings per share were both $0.30, when compared to last year's results, which was at $0.32, respectively. "We are pleased to again report solid revenue growth and improved profitability this quarter," said Jie Han, Chairman of Board…

Chinanet Online Holdings (CNET)

Joint Venture
BEIJING, Aug. 12, 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…

Empire Global (EMGL)

Acquisition Activity
Item 8.01 - Other Events On July 18, 2014 the Company entered into a confidential non-binding Memorandum of Understanding with World Hosts Financiers Limited a BVI company, collectively the "Parties" to acquire Maltese enterprise licenced under the Maltese Lotteries and Gaming Authority. The Parties have agreed to a reasonable due diligence period during which the details of the transaction will remain confidential. The enterprise owns and operates an online live casino and gaming platform, software, technical design,…

Fab Universal (FU)

Investor Alert
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On August 11, 2014, FAB Universal Corp. (the “Company”), received a notice (the “Notice”) from the NYSE MKT LLC (“NYSE MKT”), indicating that the staff of NYSE MKT (the “Staff”)…

Global Sources (GSOL)

Comments & Business Outlook
HONG KONG, August 12, 2014 /PRNewswire/ -- In September, Global Sources (NASDAQ: GSOL) plans to launch an innovative RFI (Request For Information) management system to help buyers and suppliers communicate more easily and close more orders. Unlike other existing online messaging systems, the Global Sources system will allow users to communicate seamlessly from their own email accounts or through Global Sources' own online forms. Regardless of which communications means they choose,…

Hanwha Solarone Co (HSOL)

Contract Awards
SHANGHAI, August 12, 2014 /PRNewswire/ -- Hanwha SolarOne Co. Ltd. (the "Company", or "Hanwha SolarOne"), a top-10 global photovoltaic manufacturer of high-quality, cost-competitive solar modules, today announced it has signed a supply agreement with Baotou Shansheng New Energy Co., Ltd. for delivery of 50 MW of Hanwha SolarOne's PV modules. Deliveries began in early August and are scheduled for completion by mid-September…

Jinpan Intl (JST)

Comments & Business Outlook
Second Quarter 2014 Financial Results Net sales for the second quarter were $65.7 million, a 12.0% increase from $58.7 million in the same period last year. Earnings per share Diluted was US$0.32 vs last years same quarter of US$0.27. Mr. Zhiyuan Li, Chief Executive Officer of Jinpan International, stated, "We are pleased with our second quarter results, which reflected a continuation of the positive trends…

Lgi Homes (LGIH)

Comments & Business Outlook
Second Quarter 2014 Financial Results: Revenue was $106.4 million, an increase of 185% from 37.3 million in prior year. Diluted EPS was $0.43 in this quarter (EPS number not available for the previous year). "2014 continues to be an outstanding year for LGI Homes," said Eric Lipar, the Company's Chief Executive Officer and Chairman of the Board. "During the second quarter, we continued our…

Mindray Medical (MR)

Comments & Business Outlook
Second Quarter 2014 Financial Results Net revenues increased 8.9% year-over-year to $334.5 million. International sales were $182.0 million, representing 54.4% of the company's total net revenues. China sales totaled $152.5 million. Basic and diluted non-GAAP earnings per share were $0.57 and $0.56 respectively, compared to $0.58 and $0.56 in the second quarter of 2013 "In the…

Noah Holdings (NOAH)

Comments & Business Outlook
Financial Results for the Second Quarter of 2014 Net revenues in the second quarter of 2014 were US$71.4 million, a 61.4% increase from the corresponding period in 2013. Non-GAAP net income per diluted ADS in the second quarter of 2014 was US$0.44 vs. last years quarter of US$0.29 Ms. Jingbo Wang, Co-founder, Chairwoman of the Board of Directors and Chief Executive Officer, commented, "Despite the overall…

Nova Lifestyle (NVFY)

Comments & Business Outlook
Second Quarter 2014 Financial Results compares to net income of $2.4 million, or$0.13 per Net sales were $25.9 million, an increase of 35.3% compared to the prior year period. Net income was $3.7 million, or $0.18 per diluted share, based on a weighted average diluted share count of 20.0 million shares, and included a non-cash, pre-tax gain of $2.2…

Pacific Health Care (PFHO)

Comments & Business Outlook
Second Quarter 2014 Results Pacific Health Care Organization, Inc. Condensed Consolidated Statements of Operations (Unaudited) >…

Phoenix New Media (FENG)

Comments & Business Outlook
Second Quarter 2014 Unaudited Financial Results Total revenues for the second quarter of 2014 increased by 12.8% to RMB410.9 million (US$66.2 million) from RMB364.2 million in the second quarter of 2013. Net Income Per ADS (1 ADS represents 8 class A ordinary shares) Diluted RMB1.09 vs. last years same quarter of RMB1.00. Mr. Shuang Liu, CEO of Phoenix New Media, stated, "We are very…

Powin Corp Common (PWON)

Comments & Business Outlook
> > Management Discussion and Analysis Consolidated net sales for the three months ended June 30, 2014, decreased approximately $2.2 million or 46.9% from the same period of 2013. The decrease was substantially all in the contract manufacturing segment, which experienced a revenue decline of $2.1 million or 65.7% compared to the second quarter of 2013. The primary reason for the decrease was the loss of two customers…

Renesola (SOL)

Comments & Business Outlook
Second Quarter 2014 Financial Results Net revenues were US$387.1 million, compared to US$377.4 million in Q2 2013 and US$415.0 million in Q1 2014. Net income attributable to holders of ordinary shares was US$0.8 million, representing basic and diluted income per share of US$0.00 and basic and diluted income per American depositary share ("ADS") of US$0.01. "We are proud to report that ReneSola…

Selectica (SLTC)

Comments & Business Outlook
First Quarter 2015 Results Total revenue for Q1 FY 2015 was $3.8 million, a 6% increase from $3.5 million in Q4 FY 2014. Non-GAAP loss per share of 40.44 vs loss of $0.60 in prior year "With respect to Selectica's contract management business, we continue to execute on our plan to complete the operational improvements that began last year. We are now ramping back up sales and marketing efforts…

Sinobiomed (SOBM)

Comments & Business Outlook
> Management Discussion and Analysis Results of Operation Service Revenue Service Revenue was $928,570 and $806,700 for the three months ended June 30, 2014 and 2013, respectively. The increase is due to recognizing higher revenue from our customers. Net Loss The Company had a net loss of $58,109 and net income of $501,498 for the three months ended June 30, 2014 and 2013, respectively. The decrease in net…

Sungy Mobile Ltd Adr (GOMO)

Notable Share Transactions
GUANGZHOU, China, Aug. 12, 2014 (GLOBE NEWSWIRE) -- Sungy Mobile Limited (Nasdaq:GOMO) ("Sungy Mobile" or the "Company"), a leading provider of mobile internet products and services globally with a focus on applications and mobile platform development, today announced that the board of the Company has approved a share repurchase program whereby Sungy Mobile may purchase its own American depositary shares ("ADSs") with an aggregate value of up…

Sutor Tech Group (SUTR)

Investor Alert
CHANGSHU, China, August 12, 2014 /PRNewswire-FirstCall/ -- Sutor Technology Group Limited (the "Company" or "Sutor") (Nasdaq: SUTR), a leading China-based manufacturer and distributor of high-end fine finished steel products used by a variety of downstream applications, today announced that on August 8, 2014 it received a letter from the staff of the Listing Qualification of the NASDAQ Stock Market LLC (the "Staff"), indicating…

Trina Solar (TSL)

Acquisition Activity
CHANGZHOU, China, August 12, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced the acquisition of a 49.9 MW utility-scale ground-mounted power project in the UK from Good Energy Group PLC ("Good Energy"). The solar PV power plant received planning…

Tuniu Corp Ads (TOUR)

Comments & Business Outlook
Second Quarter 2014 Financial Results Net revenues in the second quarter of 2014 increased by 84.9% year-over-year to RMB716.4 million (US$115.5 million). Net loss per ADS �basic and diluted was RMB0.45 vs. last years same quarter of RMB0.09 Mr. Donald Yu, Tuniu's co-founder and Chief Executive Officer, said, "After our successful IPO in May, we are capitalizing on the IPO…

Utstarcom Holdings Corp Ordina (UTSI)

CFO Trail
HONG KONG, Aug. 12, 2014 (GLOBE NEWSWIRE) -- UTStarcom (Nasdaq:UTSI), a global telecommunications infrastructure provider, today announced the appointment of Mr. Min Xu as Chief Financial Officer of the Company, effective August 21, 2014. Mr. Xu will replace Mr. Robert Pu who has resigned for personal reasons but will remain with the Company for six months as a consultant to help ensure a smooth transition. Mr. Xu has fifteen…

Vimicro Intl (VIMC)

Comments & Business Outlook
BEIJING, August 12, 2014 /PRNewswire/ -- Vimicro International Corporation (NASDAQ: VIMC) ("Vimicro" or the "Company"), a leading video surveillance technology and solution provider, today announced revised revenue guidance for the second quarter ended June 30, 2014, from the previously provided range of US $19 million to US $21 million to the range of US $23 million to US $24 million. Dr. John Deng,…

Auditor trail
BEIJING, Aug. 12, 2014 /PRNewswire/ -- Vimicro International Corporation (NASDAQ: VIMC) ("Vimicro" or the "Company"), a leading video surveillance technology and solution provider, today announced the appointment of Grant Thornton, China member firm of Grant Thornton International ("Grant Thornton") as its independent registered public accounting firm, effective August 12, 2014. Grant Thornton has replaced the Company's previous independent registered public accounting firm,…


Monday, August 11, 2014

21 Vianet Group (VNET)

Acquisition Activity
BEIJING, Aug. 11, 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 the Company and its affiliate have entered into definitive agreements to acquire from DYXnet Group the entire equity interest in Dermot Holdings Limited and its subsidiaries (collectively, the "Dermot Entities"), which operate the Virtual Private…

500. Com Ltd (WBAI)

Comments & Business Outlook
Second Quarter 2014 Financial Results Net revenues were RMB156.1 million (US$25.2 million), representing a 73.8% increase from the first quarter of 2014 and a 185.4% increase from the second quarter of 2013. Basic and diluted earnings per ADS[1] attributable to ordinary shareholders were US$0.37 and US$0.34, respectively. "I am pleased to report a record quarter of solid growth across the board,"…

Bitauto Holdings (BITA)

Comments & Business Outlook
Second Quarter 2014 Financial Results Revenue in the second quarter of 2014 was RMB522.3 million (US$84.2 million), a 54.5% increase from the corresponding period in 2013. Non-GAAP basic and diluted profit per ADS in the second quarter of 2014 was RMB2.99 (US$0.48) and RMB2.80 (US$0.45), respectively. Mr. William Li, chief executive officer and chairman of Bitauto commented, "…

China Auto Logistics (CALI)

Investor Alert
Item 8.01. Other Events. On August 8, 2014, China Auto Logistics Inc. (the “Company”) announced that the Depository Trust Company (“DTC”) extended the deadline for the Company to submit its written response to DTC’s notice of its intention to suspend all book entry services provided to DTC participants with respect to the Company’s common shares (the “…

China Automotive Systems (CAAS)

Comments & Business Outlook
WUHAN, China, August 11, 2014 /PRNewswire-FirstCall/ -- China Automotive Systems, Inc. ("CAAS" or the "Company") (NASDAQ: CAAS), a leading power steering components and systems supplier in China, announced today that it has entered into a Stock Exchange Agreement to acquire the remaining 20.0% minority interest in Jingzhou Henglong Automotive Parts Co., Ltd. ("Jingzhou Henglong"), and the remaining 19.0%…

China Ceramics Co (CCCL)

Comments & Business Outlook
First Quarter 2014 Financial Results Revenue was RMB 208.8 million (US$ 33.6 million), up 39.9% from the first quarter of 2013 Loss per fully diluted share was RMB 3.50 (US $0.56) for the first quarter ended March 31, 2014, as compared to RMB 0.26 in the first quarter of 2013. "We are pleased to report solid first quarter revenue and gross profit to begin 2014 as…

China Hgs Real Estate (HGSH)

Comments & Business Outlook
HANZHONG, China, August 11, 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 was in process of signing two project agreements with local government to rebuild large-scale shanty areas located in Hanzhong City. The total investment in these two projects is estimated to…

China Longyi Group (CGYG)

Comments & Business Outlook
> > Management Discussion and Analysis Revenues. Our revenues were historically derived primarily from sales of our SOD products. Revenues decreased $815, to $0 for the three months ended June 30, 2014, from $815 for the same period in 2013 as we did not sell any SOD products and our operating subsidiary, Chongqing SOD, ceased production and was in the process of the relocation. Net Loss…

China United Insurance Service (CUII)

Comments & Business Outlook
CHINA UNITED INSURANCE SERVICE, INC. AND SUBSIDIARIES UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME / (LOSS) > Management Discussion and Analysis Total revenues increased by $2,442,481, or 25%, from $9,890,661 for the three months ended June 30, 2013 to $12,333,142 for the three months ended June 30, 2014, which is due to the increase of the…

China Yuchai (CYD)

Comments & Business Outlook
Second Quarter 2014 Financial Results Revenue was RMB 4.2 billion (US$684.6 million) which was similar to the second quarter of 2013 Earnings per share was RMB 4.44 (US$0.72) compared with RMB 4.46 for the same quarter in 2013 Mr. Weng Ming Hoh, President of China Yuchai, commented, "We have improved our market position and shown our resilience in a difficult environment in China. We are pleased to report…

Chindex Intl (CHDX)

Comments & Business Outlook
Second Quarter 2014 Financial Results Revenue from healthcare services increased 21% to $55.5 million from $46.0 million in the prior year period. Net loss for the quarter ended June 30, 2014 was $693,000, or $(0.04) per diluted share, compared to net loss of $122,000, or $(0.01) per diluted share, in the prior year period. Roberta Lipson, President and…

Empire Global (EMGL)

Comments & Business Outlook
Second Quarter 2014 Financial Results: Revenue was 0 vs 0 in the prior year. Net loss of -$27,590, an EPS of 0.00, as compared to -$3,901, an EPS of 0.00, in prior year. Managment Discussion and Analysis Revenues We had no revenue from operations from inception and during the three and six months ended June 30, 2014 and 2013. As a result…

Gulf Resources (GURE)

Comments & Business Outlook
Second Quarter 2014 Financial Results Net revenue was $31,752,814 for three-month period ended June 30, 2014, a decrease of approximately $1.1 million (or 3%) as compared to the same period in 2013. "We are pleased to report that net income has increased 37% for the first half year of 2014 compared with the same period of 2013. This was mainly due to strong performance from our chemical products segment, which increased both…

Ivanhoe Energy (IVAN)

Comments & Business Outlook
IVANHOE ENERGY INC. Condensed Consolidated Statements of Loss and Comprehensive Loss (Unaudited) >…

Jinkosolar Holdings (JKS)

Comments & Business Outlook
SHANGHAI, August 11, 2014 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the solar PV industry, today announced that it has opened a solar module factory in Cape Town, South Africa. Located in 2 Evans Avenue, Epping Industrial 1, Cape Town, the factory covers an area of 5,000m2.and has annual production capacity of 120MW…

Kandi Technolgies Corp Common (KNDIE)

Comments & Business Outlook
Second Quarter 2014 Financial Results Revenue for the second quarter grew 171.1% to $32.96 million from $12.16 million in the second quarter last year. GAAP net income for the second quarter was $11.16 million, or $0.27 per fully diluted share, an increase of 1168.4% from a net loss of $1.04 million, or ($0.03) per fully diluted share, in the second quarter of…

Kandi Technolgies Group (KNDI)

Comments & Business Outlook
Second Quarter 2014 Financial Results Revenue for the second quarter grew 171.1% to $32.96 million from $12.16 million in the second quarter last year. GAAP net income for the second quarter was $11.16 million, or $0.27 per fully diluted share, an increase of 1168.4% from a net loss of $1.04 million, or ($0.03) per fully diluted share, in the second quarter of…

Sciclone Pharmaceuticals (SCLN)

Comments & Business Outlook
Second Quarter 2014 Financial Results: Revenues in the second quarter of 2014 were $32.5 million, compared to $29.3 million for the same period in 2013. Non-GAAP basic earnings per share in the second quarter of 2014 were $0.20, compared to $0.08 for the same period in 2013. "We are pleased with the continued strong performance of our core business in the first half of the year, including our…

Sunrise Holdings (SUIP)

Comments & Business Outlook
> Management Discussion and Analysis General and administrative expenses increased 7.90% to $2,619 during the three month period ended June 30, 2014 as compared to $2,427 for the comparable period in 2013. This increase was mainly due to an increase in stock transfer agent fees. For the three month period ended June 30, 2014 compared to the three month period ended June 30, 2013, Sunrise had a net loss of $2,…

Synutra Intl (SYUT)

Comments & Business Outlook
First Quarter Fiscal 2015 Financial Results Net sales were $86.0 million for the first quarter of fiscal 2015, an increase of 4.6% from $82.2 million in the first quarter of fiscal 2014. Net income attributable to common stockholders was $17.9 million in the first quarter of fiscal year 2015, or $0.31 per basic share, a 275.7% increase from net income of $4.8 million, or $0…

Viaspace (VSPC)

Comments & Business Outlook
VIASPACE INC. STATEMENTS OF OPERATIONS (Unaudited) > Management Discussion and Analysis Revenues Revenues were $46,000 and $32,000 for the three months ended June 30, 2014 and 2013, respectively, an increase of $14,000. The revenues relate to collaborative agreements for the joint operation of test plots to establish whether Giant King Grass grows well in customer’s countries and…

Yingli Green Energy (YGE)

Contract Awards
BAODING, China and MADRID, Aug. 11, 2014 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), the largest vertically integrated photovoltaic ("PV") module manufacturer in the world, known as "Yingli Solar," today announced that its wholly owned subsidiary, Yingli Green Energy Spain, S.L.U. ("Yingli Spain") has signed a…


Friday, August 8, 2014

Investor Alert
Item 3.01.Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. As previously reported, on July 24, 2013 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(a)(2) (the “Rule&#…

American Lorain (ALN)

CFO Trail
Item 5.02 Departure of Directors and Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 4, 2014, the Board of Directors of American Lorain Corporation (the “Company”) approved the appointment of Dick Wang, age 41, as Chief Financial Officer (“CFO”) of the Company. Mr. Bander Wu’ service as the interim CFO…

China Hgs Real Estate (HGSH)

Comments & Business Outlook
Third Quarter of Fiscal Year 2014 Results Total revenues for the third quarter of fiscal 2014 were approximately $28.9 million, an increase of 302% from approximately $7.2 million in the same quarter of fiscal 2013. Basic and diluted net earnings per share ("EPS") attributable to shareholders for the third quarter of fiscal 2014 were $0.18, increased by 260% from $0.05 for the same quarter last year…

China Jo-Jo Drugstores (CJJD)

Deal Flow
> >…

Chipmos Technologies (IMOS)

Comments & Business Outlook
HSINCHU, August 8, 2014 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company'') (NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and testing services ("OSAT"), today reported its unaudited consolidated revenue for the month of July 2014. Revenue for the month of July 2014 was NT$1,943.9 million or US$64.7 million, an increase of…

Deyu Agriculture (DEYU)

Comments & Business Outlook
DEYU AGRICULTURE CORP. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (UNAUDITED) > Management Discussion and Analysis Net Revenue Our net revenue for the three months ended June 30, 2014 was $17.0 million, a decrease of $46.6 million, or 73.3%, compared to $63.6 million for the three months ended June 30, 2013. This decrease was the combined result of a decrease of $…

Elong (LONG)

Comments & Business Outlook
Second Quarter 2014 Unaudited Financial Results Net revenues for the second quarter increased 25% to RMB292.4 million (US$47.1 million), compared to RMB234.3 million (US$38.2 million) in the second quarter of 2013. Total revenues for the second quarter increased to RMB312.4 million (US$50.4 million). Basic net income per ADS and diluted net income per ADS for the second quarter of 2014 was RMB0.90 (US$0…

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 Julian Doyle as our Secretary and Director and the departure of Michael Davidson as our CEO and Chairman as well as interim CFO. The departures of both Mr. Doyle andMr. Davidson are effective August 5, 2014. On August 5, 2014, the Company reports the appointment of Mr. Michele (Mike)…

Great China Mania Holdings Inc (GMEC)

Comments & Business Outlook
GREAT CHINA MANIA HOLDINGS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) > Management Discussion and Analysis Revenues Revenues decreased by $81,569 to $531,820 for the three months ended June 30, 2014 as compared to $613,389 for the same period in 2013, representing a 13.30% decrease. The decrease in revenue was mainly due to the loss of a material sales…

Guangzhou Global Telecom (GZGTD)

Acquisition Activity
Item 1.01 Entry into a Material Definitive Agreement On June 30, 2014, China Teletech Holding, Inc. (the “Company”) entered into a cooperation agreement (the “Agreement”) with Shenzhen Jinke Energy Development Co., Ltd. (“SJD”). Pursuant to the Agreement, the Company will purchase, in an aggregate, 51% of all the…

Kandi Technolgies Corp Common (KNDIE)

Deal Flow
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Kandi Technolgies Group (KNDI)

Deal Flow
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Mecox Lane (MCOX)

Comments & Business Outlook
SHANGHAI, China, Aug. 8, 2014 (GLOBE NEWSWIRE) -- Mecox Lane Limited ("Mecox Lane" or the "Company") (Nasdaq:MCOX), a multi-brand and multi-channel retailer in China, today announced that its board of directors has approved a spin-off of the Company's apparel and accessories business through the sale of Mixblu Limited and its subsidiaries to Fast Fashion China Limited, a company controlled by the former chief executive officer of…

Powin Corp Common (PWON)

Deal Flow
Item 1.01 Entry into a Material Definitive Agreement Powin Corporation announces today that its wholly-owned subsidiary, Powin Energy Corporation, has signed agreement for an investment of $25,000,000 from SF Suntech, Inc., a Delaware corporation (“SF Suntech”) a wholly-owned subsidiary of Shunfeng Photovoltaic International Limited (“Shunfeng”) pursuant to a Share Subscription Agreement which also granted SF Suntech an option exercisable within two years…

Radtek (RDTK)

Deal Flow
RadTek, Inc. (Exact name of registrant as specified in its charter) Calculation of Registration Fee >…

Renesola (SOL)

Comments & Business Outlook
JIASHAN, China, August 8, 2014 /PRNewswire/ -- ReneSola Ltd ("ReneSola") (www.renesola.com) (NYSE: SOL), a leading brand and technology provider of solar photovoltaic products, today announced ReneSola UK will supply 22 megawatts ("MW") of its high-efficiency polycrystalline Virtus I and Virtus II solar modules for use in two ground-mounted, utility-scale projects in the United Kingdom. The two projects are a 10…

Semiconductor Mfg (SMI)

Joint Venture
SHANGHAI, Aug. 8, 2014 /PRNewswire/ -- Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981) the largest and most advanced pure foundry provider in China; and Jiangsu Changjiang Electronics Technology Co., Ltd. ("JCET", SSE: 600584), the largest packaging service provider inChina, jointly announced today the formation of a joint venture for 12-inch bumping and related testing, from the previously signed joint…

Yingli Green Energy (YGE)

Comments & Business Outlook
BAODING, China, August 8, 2014 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), the largest vertically integrated photovoltaic ("PV") module manufacturer in the world, known as "Yingli Solar," today announced that the Company has successfully completed trial production of monocrystalline ingots using new material technology. Instead of using traditional graphite crucibles when pulling monocrystalline ingots,…


Thursday, August 7, 2014

500. Com Ltd (WBAI)

Joint Venture
SHENZHEN, China, Aug. 7, 2014 /PRNewswire/ -- 500.com Limited (WBAI) ("500.com" or the "Company"), a leading online sports lottery service provider in China, today announced that it has signed a strategic partnership agreement with China Mobile Limited ("China Mobile"), to become the sole provider of online sports lottery products to China Mobile Points Mall ("Points Mall"), an online marketplace where…

Apptigo Intl Inc New (APPG)

Pump and Dump Watch
Disclosure: GeoInvesting is providing this information for your edification and in no way has any affiliation with any promoters and/or newsletters disseminating information on APPG, nor is GeoInvesting being paid to post this information. At times, the GeoTeam may trade P&D's on a long or short basis, depending on how we feel the momentum of the stocks will be affected by the efforts of stock promoters and any ensuing dumps…

Autohome Inc (ATHM)

Comments & Business Outlook
Second Quarter 2014 Financial Results Net Revenues increased 71.8% year-over-year to RMB506.8 million ($81.7 million) for the second quarter of 2014, exceeding the Company's guidance of RMB472.0 million ($76.1 million) to RMB493.0 million ($79.5 million). Non-GAAP Earnings per share for ordinary share Diltued US$0.31 vs. last years same quarter of US$0.22 James Qin, Chief Executive…

Cd Intl (CDII)

Deal Flow
Item 1.01 Entry into a Material Definitive Agreement. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On July 30, 2014, CD International Enterprises, Inc. closed a Senior Secured Revolving Credit Facility Agreement (the “Credit Agreement”) with TCA Global Credit Master Fund, LP, a Cayman Islands limited partnership (“TCA”)…

Chindex Intl (CHDX)

Going Private News
Item 1.01 Entry into a Material Definitive Agreement. On August 6, 2014, Chindex International, Inc., a Delaware corporation (the “Company”), entered into Amendment No. 1 (“Amendment No. 1”) of the Amended and Restated Agreement and Plan of Merger, dated as of April 18, 2014 (the “Amended and Restated Merger Agreement”;…

Ctrip.com Intl (CTRP)

Joint Venture
NORWALK, Conn. and SHANGHAI, Aug. 6, 2014 /PRNewswire/ -- The Priceline Group Inc. (NASDAQ: PCLN) and Ctrip.com International, Ltd. (NASDAQ: CTRP) today announced that the two companies have expanded an existing commercial agreement to strengthen their global partnership. In addition, The Priceline Group agreed to invest $500 million through a convertible bond and Ctrip has granted The Priceline Group permission to acquire Ctrip shares in the open…

Dk Sinopharma (DKSP)

Reverse Merger Activity
Item 1.01 Entry Into A Material Definitive Agreement. On May 20, 2013 we consummated a reverse acquisition pursuant to a Share Exchange Agreement (the “Share Exchange Agreement”) entered into by and among DK Sinopharma, Shawn Erickson (the “Company Controlling Shareholder”), H&H Arizona, Inc., an Antigua corporation (“H&H Arizona”), Next Generation Holdings Trust,…

Entertainment Gaming Asia Inc (EGT)

Comments & Business Outlook
Second Quarter 2014 Financial Results: Total Revenue was $4.9 million, a decrease of 4.8% from $5.2 million in the same quarter last year. Adjusted EPS was $0.01 vs $0.01 in prior year. Clarence Chung, Chairman and Chief Executive Officer of Entertainment Gaming Asia, commented, "The decrease in gaming operations revenue for the second quarter of 2014 was largely due to the decline in revenue from NagaWorld…

General Steel Holdings (GSI)

Investor Alert
BEIJING, Aug. 7, 2014 /PRNewswire/ -- General Steel Holdings, Inc. ("General Steel" or the "Company") (NYSE: GSI), a leading non-state-owned steel producer in China, announced today that it has regained compliance with the continued listing standard of the New York Stock Exchange (the "NYSE") relating to minimum pricing of its common stock. In a letter dated August 5, 2014, the…

Globalink (GOBK)

Reverse Merger Activity
On April 15, 2014, the registrant entered into a joint venture agreement with China Xuzhou Shizhen Biotech Co. Ltd. to set up a joint venture enterprise named Globalink (Jiangsu) Biotech LLC in Pizhou City in the Jiangsu Province in the People’s Republic of China. This joint venture will be producing products using ginkgo leaves, such as ginkgo biloba extracts, health food, and medicine, and will be studying and developing new products based on ginkgo leaves…

Deal Flow
Financing transaction in conjunction with reverse merger transaction that took place on April 15, 2014. On June 16, 2014, Hin Kwok Sheung, the lender of the registrant’s debt financing of $500,000 (as disclosed in the press release dated May 1, 2014) has been converted into 10,000,000 common shares. Any accumulated interest has been waived by the lenders of the demand loans. These shares were issued under the private placement exemption…

Great China Mania Holdings Inc (GMEC)

Acquisition Activity
Item 1.02 Termination of a Material Definitive Agreement On August 1, 2014, Great China Mania Holdings, Inc. (the “Company”) terminated a Letter of Intent into which it had entered with Phaedra Media Group Limited (“PMG”) on June 12, 2014, wherein the Company would acquire 100% equity interest in PMG. The termination was fully allowed under the Letter of Intent, which permits either party…

Highway Holdings (HIHO)

Special Dividend
HONG KONG, Aug. 7, 2014 (GLOBE NEWSWIRE) -- Highway Holdings Limited (Nasdaq:HIHO) today announced its board of directors has declared an additional cash dividend of $0.05 per share on the company's common stock. The dividend will be paid on September 1, 2014 to shareholders of record on August 20, 2014. On July 7, 2014, the company declared a cash dividend of $0.05 per share on the company's…

Himax Technologies (HIMX)

Comments & Business Outlook
Second Quarter 2014 Financial Results Total revenues remain flat sequentially and decreased by 5.1% year-over-year to $196.4 million. Non-GAAP earnings per diluted ADS was 14.2 cents, up 21.8% from Q2 2013. "We are pleased to report another quarter of our financial performance meeting our guidance for revenues, gross margin and EPS", stated Mr. Jordan Wu, President and Chief Executive Officer of Himax. "…

Ion Geophysical (IO)

Comments & Business Outlook
Second Quarter 2014 Financial Results: Total revenues was 121.5 million, as compared to $120.9 million in the same quarter last year. Excluding the impact of the restructuring and special items, net income was a loss of $5 million, or -$0.03 per diluted share, as compared to adjusted net income of $0.4 million, or $0.00 for the same period last year. Brian Hanson, ION'…

Montage Tech Group Ltd (MONT)

Comments & Business Outlook
Second Quarter 2014 Financial Results Total revenue for the second quarter 2014 was $40.4 million, an increase of 13.6 percent compared to $35.6 million in the prior quarter, and an increase of 59.8 percent compared to $25.3 million in the second quarter 2013. Non-GAAP net income for the second quarter 2014 was $9.0 million, or $0.30 per diluted share, which excluded $2.0 million of pre-…

Neostem (NBS)

Comments & Business Outlook
Second Quarter 2014 Financial Results: Total revenue for the three months ended June 30, 2014 was $4.5 million, up 3 percent from $4.4 million for the prior year period. Adjusted EPS of -$0.33 vs -$0.41 in prior year. "NeoStem has had an exciting first half as we make progress towards our goal of delivering transformative cell based therapies. We expect to continue to build on…

Nq Mobile (NQ)

Comments & Business Outlook
BEIJING and DALLAS, August 7, 2014 /PRNewswire/ -- NQ Mobile (NYSE: NQ), a leading global provider of mobile Internet services, today announced a deal with China Unicom, the second largest telecommunications company in China, to integrate NQ Mobile's Music Radar technology into the native music client offered by the carrier. The agreement represents the strengthening of the relationship between the two companies beyond the application distribution partnership in place since November 2013…

Omphalos (OMPS)

Comments & Business Outlook
OMPHALOS, CORP. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME (LOSS) FOR THE SIX MONTHS ENDED JUNE 30, 2014 AND 2013 (UNAUDITED) > Management Discussion and Analysis Three Months Ended June 30, 2014 Compared to the Three Months Ended June 30, 2013 Net sales for the three months ended June 30, 2014 were $178,195, as compared to $88,943 for the three months ended…

Pingtan Marine Enterprises Ltd (PME)

Comments & Business Outlook
Second Quarter 2014 Financial Results Revenue from continuing operations ("fishing business") increased 166.4% to $56.9 million from $21.4 million, Net income from the fishing business increased 104.3% to $14.3 million, or $0.18 per diluted share, from $7.0 million, or $0.09 per diluted share. Mr. Xinrong Zhuo, Chairman and CEO of the Company, commented, "We…

Soufun Holdings (SFUN)

Comments & Business Outlook
Second Quarter 2014 Financial Results Revenue in the second quarter of 2014 was $168.2 million, a 16.7% increase from the corresponding period in 2013. Non-GAAP net income attributable to SouFun's shareholders was $72.1 million, representing a year-over-year increase of 15.4%. Non-GAAP fully diluted earnings per ADS were $0.16, an increase of 6.7% from the corresponding period in 2013. "SouFun…

Yingli Green Energy (YGE)

Comments & Business Outlook
BAODING, China, Aug. 7, 2014 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), the largest vertically integrated photovoltaic ("PV") module manufacturer in the world, known as "Yingli Solar," today announced that the Company has surpassed 10 gigawatts (GWs) of cumulative solar module deliveries worldwide. The company realized this historic milestone by June 30th,…

Yy (YY)

Comments & Business Outlook
Second Quarter 2014 Unaudited Financial Results Net revenues increased by 105.6% to RMB841.0 million (US$135.6 million) from RMB409.0 million in the corresponding period of 2013. Net income per ADS diluted was US$0.60 vs. last years same quarter US$0.27 Mr. David Xueling Li, Chief Executive Officer of YY, stated, "We are excited about our strong performance in the second quarter of 2014, as…


Wednesday, August 6, 2014

Aoxing Pharmaceuticals (AXN)

Investor Alert
JERSEY CITY, NJ--(Marketwired - Aug 6, 2014) - Aoxing Pharmaceutical Company, Inc. (NYSE MKT: AXN) ("Aoxing Pharma"), a specialty pharmaceutical company focusing on research, development, manufacturing, and distribution of narcotic, pain-management, and addiction treatment pharmaceuticals, previously announced that it had received notice from NYSE MKT LLC that, based upon the financial statements contained in Aoxing Pharma's Annual Report on Form 10-K for…

B- Scada (MOBS)

Deal Flow
CRYSTAL RIVER, FL--(Marketwired - Aug 6, 2014) - B-Scada, Inc. (OTCQB: MOBS) B-Scada, Inc. announces it has entered into a Stock Purchase Agreement to sell 2,424,242 common shares at a price of $0.33 per share to Yorkmont Capital Partners, LP…

China Ceramics Co (CCCL)

Investor Alert
JINJIANG, China, August 6, 2014 /PRNewswire/ -- China Ceramics Co., Ltd. (NASDAQ Global Market: CCCL) ("China Ceramics" or the "Company"), a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, today announced that on August 5, 2014, the NASDAQ Listing Qualifications staff notified the Company that, following the Company's filing of the Annual…

Daqo New Energy (DQ)

Comments & Business Outlook
CHONGQING, China, August 6, 2014 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading polysilicon manufacturer based in China, today announced that Xinjiang Daqo New Energy Co., Ltd. ("Xinjiang Daqo"), a wholly-owned subsidiary of the Company in China, has successfully qualified for and received the certification of High and New Technology Enterprise in the…

Leo Motors (LEOM)

Deal Flow
Item 3.02 Unregistered Sales of Equity Securities On July 31, 2014, Leo Motors, Inc., a Nevada Corporation (the “Company”) sold three convertible promissory notes (each a “Note”) for an aggregate principal amount of $961,540 to two Korean accredited investors pursuant to a Securities Purchase Agreement (the “Agreement”), a form of which is attached…

Lgi Homes (LGIH)

Deal Flow
Item 1.01 Entry into a Material Definitive Agreement. On July 31, 2014, LGI Homes, Inc. (the “Company”) and each of its subsidiaries entered into a Commitment Increase Agreement with Woodforest National Bank, Fifth Third Bank and Texas Capital Bank, National Association, as administrative agent, whereby the aggregate commitments under the Company’s senior secured revolving credit facility with a syndication of lenders increased from $135…

Mind Cti (MNDO)

Comments & Business Outlook
Second Quarter 2014 Financial Results: Revenues were $6.3 million, up 10% sequentially from the first quarter of 2014, and up 42% from $4.42 million in the second quarter of 2013. Non-GAAP diluted EPS in this quarter was $0.08 vs $0.02 in prior year. “We are extremely pleased to set a new record in quarterly revenues and we believe that our early planning, investment in…

Qihoo 360 (QIHU)

Deal Flow
BEIJING, August 6, 2014 /PRNewswire/ -- Qihoo 360 Technology Co. Ltd. ("Qihoo 360" or the "Company") (NYSE: QIHU), today announced the closing of its private placement of US$450 million aggregate principal amount of convertible senior notes due 2020 (the "2020 notes") and US$450 million aggregate principal amount of convertible senior notes due 2021 (the "2021 notes" and together with the 2020 notes,…

Semiconductor Mfg (SMI)

Comments & Business Outlook
Second Quarter 2014 Financial Results Revenue was $511.3 million in 2Q14, an increase of 13.4% quarter over quarter. Profit for the period attributable to SMIC was $56.8 million in 2Q14 Third Quarter 2014 Guidance: The following statements are forward looking statements which are based on current expectations and which involve risks and uncertainties, some of which are set forth under "Safe Harbor Statements" below. Revenue is…

Sino Gas Intl (SGAS)

Going Private News
> The following proposals were submitted to the Company’s stockholders at the Special Meeting: > The votes regarding the approval of the merger transaction were as follows: >…


Tuesday, August 5, 2014

Air Industries Group (AIRI)

Comments & Business Outlook
Second Quarter 2014 Results For the three months ended June 30, 2014, consolidated net sales were $13,360,000, a decrease of $1,279,000 or (9%) compared to consolidated net sales of $14,639,000 for the 2nd qtr. of the prior year. Diluted earnings per common share were $0.09 for the three months ended June 30, 2014, an increase of $0.05 or approximately 125% from…

Aoxing Pharmaceuticals Co (CAXGD)

Investor Alert
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard As previously reported, the Registrant has received notice from NYSE MKT LLC that, based upon the financial statements contained in Aoxing Pharma’s Annual Report on Form 10-K for the year ended June 30, 2013 and its Quarterly Reports on Form 10-Q for the periods ended September 30, 2013 and December 31, 2013, Aoxing Pharma is not in compliance with the following…

Apptigo Intl Inc New (APPG)

Shareholder Letters
MIAMI, FL--(Marketwired - Jul 22, 2014) - Casey Cordes, Co-Founder, Chairman and CEO of Apptigo International, Inc. (OTCBB: APPG) (OTCQB: APPG), a non-conforming, highly creative agency and mobile app developer, today issued a formal operational update providing insight and perspective on recent corporate developments, key growth strategies and anticipated near term milestones serving to define the Company's future. Specifically, Cordes stated…

Canadian Solar (CSIQ)

Contract Awards
GUELPH, Ontario, Aug. 5, 2014 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (CSIQ), one of the world's largest solar power companies, today announced that the Company supplied 4 MW of Canadian Solar PV Modules for the Spanish Town Estate Solar project, recently acquired by NRG Energy Inc. (NRG). The project is located in St. Croix, in the U.S…

China Biologic Products (CBPO)

Comments & Business Outlook
CHINA BIOLOGIC PRODUCTS, INC. AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME > Management Discussion and Analysis Sales Our sales increased by $6.5 million, or 12.1%, to $60.1 million for the three months ended June 30, 2014, compared to $53.6 million for the same period in 2013. The increase in sales for the three months ended June 30,…

China Liaoning Dingxu Ecologic (CLAD)

Liquidity Requirements
From 10-Q (5/14/2014) We believe that our operations will provide sufficient net cash to fund our business for the next 12 months. During the three months ended March 31, 2014, we had net income before non-controlling interest of $762,699 and cash provided by operating activities of $2,555,983. Over the long term, our expectation is to see steadily growing sales of our mushroom products as we continue to invest in and to develop our…

Gencor Industries (GENC)

Comments & Business Outlook
Third Quarter 2014 Results Rrevenue for the quarter ended June 30, 2014 decreased 43.6% to $10.6 million from $18.7 million for the quarter ended June 30, 2013 Net income was $1.7 million, or $0.17 per basic and diluted share, for the quarter ended June 30, 2014, compared to $2.5 million, or $0.26 per basic and diluted share, for the quarter ended June 30, 2013…

Ifm Investments (CTC)

Investor Alert
BEIJING, August 5, 2014 /PRNewswire/ -- IFM Investments Limited (NYSE: CTC) ("Century 21 China Real Estate" or the "Company"), a leading comprehensive real estate services provider and the exclusive franchisor for the CENTURY 21® brand in China, today announced that the New York Stock Exchange, Inc. ("NYSE") has accepted the company's plan ("Plan") for continued listing on the NYSE…

Pan Ocean Container Supplies L (PAOCD)

Reverse Merger Activity
On July 10, 2014 , we executed an agreement with Pan Ocean Container Supplies Co., Ltd . (“Pan Ocean”), and our company (the "Agreement"), whereby pursuant to the terms and conditions of that Agreement, Pan Ocean shareholders will acquired six million (6,000,000) shares of our common stock, and Pan Ocean would become a wholly owned subsidiary of the Company. This issuance of stock will…

Yus Intl Group Ltd (YUSG)

CFO Trail
Item 5.02 Departure of Principal Officer; Appointment of Principal Officer On July 31, 2014, Miss Chen Yongqi Dawn resigned as the Chief Financial Officer of the Company. The Company accepted her resignation on the same date. She did not have any disputes against the Company. On July 31, 2014, Ms. Chan Fuk Yu was appointed as Chief Financial Officer of the Company. Brief biography of Ms. Chan Fuk Yu is as follows: Ms…


Monday, August 4, 2014

Adgs Advisory (ADGS)

Comments & Business Outlook
Item 1.01. Entry into a Material Definitive Agreement. On July 30, 2014, ADGS Advisory, Inc. (the “Company”), through its indirect wholly-owned subsidiary, ADGS Advisory Limited, a Hong Kong corporation (“ADGS Hong Kong”), entered into a Customer List Purchase Agreement (the “Purchase Agreement”) with Lau Kam George and Yung Chi Shing (collectively,…

Biostar Pharmaceuticals (BSPM)

Comments & Business Outlook
XIANYANG, China, August 4, 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 it established a dedicated sales and marketing team for the purposes of developing and eventually expanding sales of the Company's Huangyangning tablets, hyperthyroidism and Wenweishu capsules to the…

China Information (CNIT)

Joint Venture
SHENZHEN, China, Aug. 4, 2014 /PRNewswire/ -- China Information Technology, Inc. ("CNIT" or the "Company") (Nasdaq: CNIT), a leading provider of integrated internet-based platforms, products and services in China, today announced that the Company entered into a strategic partnership with CITIC Securities Co., Ltd. ("CITIC") (Shanghai Stock Exchange: 600030). As China's largest securities broker…

Chipmos Technologies (IMOS)

Comments & Business Outlook
HSINCHU, August 4, 2014 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS") (Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and testing services, today confirmed that none of its employees were harmed nor were the Company's manufacturing operations impacted by the recent gas explosion in Kaohsiung, Taiwan, which is approximately 30 miles from ChipMOS' Taiwan fab. S.J. Cheng, Chairman and…

Guangzhou Global Telecom (GZGTD)

Auditor trail
Item 4.01 Changes in Registrant’s Certifying Accountant Effective July 31, 2014, China Teletech Holding, Inc. (the “Company”) dismissed its independent registered public accounting firm, WWC, P.C. (“WWC”) effective immediately. The dismissal was approved by the Board of Directors (the “Board”) of the Company. WWC was engaged as the independent registered…

Nam Tai Property Inc (NTP)

Comments & Business Outlook
Second Quarter 2014 Financial Results Net loss in the second quarter of 2014 was$4.5 million, or loss of $0.1 per diluted share, compared to net loss of $31.9 million, or loss of $0.71 per diluted share in the second quarter of last year. COMPANY OUTLOOK Upon the cessation of our original core business of LCM production and changing of our company name from Nam Tai Electronics, Inc. to Nam Tai Property Inc.,…

Origin Agritech (SEED)

Comments & Business Outlook
Third Quarter 2014 Financial Results Revenues of RMB92.9 million (US$15.1 million) compared with RMB128.3 million Net loss for the third quarter of fiscal 2014 was RMB14.7 million (US$2.4 million), or net loss per basic and diluted share of RMB0.65 (US$0.11), compared to a net profit of RMB6.1 million, or net profit per basic and diluted share of RMB0.26 in the same period one year…

Ross Wl Holding Corp Unit (WLRHU)

Share Structure
Item 8.01. Other Events. Separate Trading of Common Stocks and Warrants On August 4, 2014, WL Ross Holding Corp. (the “Company”) announced that the holders of the Company's units (the “Units”) may elect to separately trade the common stock and warrants included in the Units commencing on August 5, 2014. Each Unit consists of one share of common stock, $0…

Semiconductor Mfg (SMI)

Comments & Business Outlook
SHANGHAI, Aug. 4, 2014 /PRNewswire/ -- Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981) and CEC Huada Electronic Design Co., Ltd. ("HED") jointly announced today that HED has launched China's first 55nm smart card chip based on SMIC's 55nm LL (low leakage) eFlash (embedded flash) platform. With the benefits of being smaller in size, lower power consumption and faster…

Tianyin Pharmaceuticals Co (TPI)

Comments & Business Outlook
CHENGDU, China, August 4, 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 provided further updates regarding the Company's Qionglai Facility (QLF). A series of testing runs with individual production lines have been performed at QLF in July following the equipment installation…

Tongji Health Care Group (TONJ)

Comments & Business Outlook
> Management Discussion and Analysis Results of Operation - Three Months Ended June 30, 2014 and 2013 Operating Revenues – Operating revenue for the three month period ended June 30, 2014, which resulted primarily from in-patient service and out-patient service, was $669,760, an increase of $41,774 or 7%, as compared with the operating revenue of $627,986 for the same period of…

Xiangtian Air Power (GOAS)

Reverse Merger Activity
ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT On July 25, 2014, we entered into a common stock purchase agreement with Zhou Jian and Zhou Deng Rong, the owners of 97% and 3%, respectively, of Sanhe City Lucksky Electrical Engineering Co., Ltd. (“Sanhe”), a corporation incorporated under the laws of the PRC (the “Stock Purchase Agreement”). Pursuant to the…


Sunday, August 3, 2014

Confederate Motors (CFED)

Comments & Business Outlook
At March 31, 2014, the Company maintained a backlog of orders represented by deferred revenue totaling $827,638. This account is a revolving account with funding added as new orders are placed and relieved to revenue as motorcycles are shipped. As of May 15, 2014, the Company has the needed inventory to begin relieving these funds as revenue. We have a significant backlog of orders. As of the date of this report we had 35 orders which represented…

Zippy Bags (ZPPB)

Reverse Merger Activity
The Company agreed to issue an aggregate of 10,195,294 unregistered shares of the Company's common stock to the following parties in the amounts set forth next to their respective names: > These shares were issued in connection with their contribution of their efforts in establishing a business (Top Point, Ltd, a Samoa Company) as a junket operation to the online casino operated by Lucky 89 Hotel & Casino, Cambodia and Grand Golden…


Saturday, August 2, 2014

Crownbutte Wind Power (CBWP)

Reverse Merger Activity
WEST PALM BEACH, Fla., July 29, 2014 (GLOBE NEWSWIRE) -- Crownbutte Wind Power Inc. (OTC Pink:CBWP) ("Crownbutte") today announced the closing of a definitive agreement to acquire Canna & Canna Inc. of Bothell, Washington. Canna & Canna Inc. develops turnkey branded consumer goods for infusion and distribution by licensed cannabis processors and producers, dispensaries and retail outlets in the states of Washington and Colorado where…


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