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 Sentaida Tire Co (PINK:SDTC)

Company Description

On February 5, 2008, we completed an acquisition of Zhongsen pursuant to the Stock Purchase Agreement.

previous to this agreement the company was: an online retailer of handmade, natural, vegetable-based soaps and gift baskets in the development stage, and we had generated only minimal revenues and a substantial net loss from sales of soaps and gift baskets.

Current business post reverse merger: We are a holding company that only operates through our Chinese subsidiaries. We primarily engages in the global marketing and distribution of tires and rubber without any tire manufacturing operations. We are one of the largest integrated tire and rubber marketers and distributors in China. Our business scope can be generally divided into three (3) main business segments: rubber import and distribution, tire export, and tire domestic wholesale and retail, which generated approximately 56%, 27% and 17% of its consolidated net sales respectively in 2007. We position ourselves as an intermediary between international rubber producers and Chinese tire manufacturers and as an active marketer of tires for the tire manufacturers in the very fragmented replacement tire market. We aim at becoming a major player in the world tire and rubber market through steady organic growth, expansion into new markets, entry into the retail service market and an aggressive acquisition strategy.

Last updated April 30, 2008