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 Tracking 1053 U.S. listed China Stocks and Counting...
 Tracking 1536 U.S. Stocks and Counting...

 Uni Core Holdings (OTC BB:UCHC)

Monday, May 21, 2012
Comments & Business Outlook

SHENZHEN, China, May 21, 2012 /PRNewswire-Asia/ -- Uni Core Holdings Corporation (OTC Bulletin Board: UCHC), a Hong Kong based holding company, announced today that Shaanxi Prosperous Agriculture Company Limited ("Prosperous Agriculture"), one of UCHC's subsidiaries, opened two direct sales chain stores within 5 days in May. The grand opening of Prosperous Agriculture's Zhongnan chain store ("Zhongnan Store") was held on May 12 in Zhongnan Town of the Zhouzhi County, Shaanxi Province. The Jiangcun chain store ("Jiangcun Store") at Jiangcun Town of the Zhouzhi County, Shaanxi Province had its grand opening on May 16 as well.

More than 600 and 800 farmers visited the Zhongnan Store and Jiangcun Store, respectively, on their opening day to apply for membership. Zhongnan Store achieved a total turnover of more than RMB50,000 within 2 days whereas Jiangcun Store had a turnover exceeding RMB30,000 on its opening day. It is expected that these two stores can contribute a total of annual sales turnover of RMB4 million (around US$600,000), and a total profit of RMB800,000 (around US$120,000).


Tuesday, March 27, 2012
Comments & Business Outlook

SHENZHEN, China, March 27, 2012 /PRNewswire-Asia/ -- Uni Core Holdings Corporation (OTC Bulletin Board: UCHC), a Hong Kong based holding company, today announces that Shaanxi Prosperous Agriculture Company Limited ("Prosperous Agriculture"), one of UCHC's subsidiaries, has entered into cooperation agreements with three large-scale chain distributors in Henan and Hebei Provinces. The three large-scale chain distributors provide agricultural products to a large number of local markets selling agricultural resources and are industry leaders in terms of sales volume. As a part of the Prosperous Agriculture chain direct sales system, Prosperous Agriculture will initially provide training and integration process to these three distributors.

Mr. Wang Fei, General Manager of Prosperous Agriculture, said: "Both Henan and Hebei provinces are major agricultural provinces in China, accounting for a significant market share of agricultural resources and produce sales for all of China. The confirmation of the three large-scale chain distributors in these two provinces represents a solid step forward for Prosperous Agriculture's further implementation of its business model across China. Prosperous Agriculture intends to have consultancy co-operation arrangements with nine additional distributors by the end of 2012. Eventually, Prosperous Agriculture may invite the distributors who have cooperation agreements with Prosperous Agriculture to join the Prosperous Agriculture System: Aggregation of quality resources to lead to provide a national agricultural resources chain direct sales channel across China."

Prosperous Agriculture is headquartered in Xi'an, Shaanxi Province, China and manufactures and distributes three agricultural brands: "XiDuoFeng", a biological fertilizer series that expands the utilization rate of conventional fertilizers, enhances quality of crops, and increases production with a bio-microbial agent produced by a proprietary bio-technology; "Urea-Extra", a long-lasting nitrogenous fertilizer series that increases the utilization rate of traditional nitrogenous fertilizer by more than 50%; and "Sirius" compound fertilizer series. Prosperous Agriculture has established a national agricultural resources chain direct sales platform through the opening and acquiring of agricultural resources direct sales outlets and dealers, and by working with well-known manufacturers of agricultural products. Prosperous Agriculture integrated more than 2,000 agricultural resources sales outlets, located in areas including Shaanxi, Henan, Shandong, Hebei, Shanxi, Gansu, Ningxia and Xinjiang.


Monday, March 19, 2012
Comments & Business Outlook

SHENZHEN, China, March 19, 2012 /PRNewswire-Asia/ -- Uni Core Holdings Corporation (OTC Bulletin Board: UCHC), a Hong Kong based holding company, today introduces Shaanxi Prosperous Agriculture Company Limited's ("Prosperous Agriculture"), one of UCHC's subsidiaries, strategy for expansion of its agricultural resources chain channel to cover the entire nation of China.

Prosperous Agriculture is headquartered in Xi'an, Shaanxi Province, China. Prosperous Agriculture manufactures and distributes three agricultural brands: "XiDuoFeng", a biological fertilizer series that expands the utilization rate of conventional fertilizers, enhances quality of crops, and increases production with a bio-microbial agent produced by a proprietary bio-technology; "Urea-Extra", a long-lasting nitrogenous fertilizer series that increases the utilization rate of traditional nitrogenous fertilizer by more than 50%; and "Sirius" compound fertilizer series. Prosperous Agriculture has established a national agricultural resources chain direct sales platform through the opening and acquiring of agricultural resources direct sales outlets and dealers, and by working with well-known manufacturers of agricultural products. Prosperous Agriculture integrated more than 2,000 agricultural resources sales outlets, located in areas including Shaanxi, Henan, Shandong, Hebei, Shanxi, Gansu, Ningxia and Xinjiang.

Prosperous Agriculture plans to open at least 10 additional direct sales chain stores this year. UCHC believes that when these 10 additional stores are fully operational, the annual sales may reach a turnover of RMB15 million (around US$2.4 million) with a profit of about RMB3 million (around US$480,000). However, there can be no assurance that the sales and profits are actually achieved. Furthermore, Prosperous Agriculture plans to open at least 9 direct sales chain stores through training and integrating all levels of distributors across all provinces of China.

Mr. Wang Fei, General Manager of Prosperous Agriculture, said: "The agricultural market in China is already RMB 1 trillion. The traditional and out-dated wholesale-type sales channels can no longer meet the market demand. Prosperous Agriculture intends to transform the current traditional 3-tier wholesale model to a one-stop direct sales chain mode, by establishing additional owned direct sales chain stores and by implementing training of distributors. Stores will either be acquired or invited to join the direct sales chain system of Prosperous Agriculture as co-operatives, in order to achieve national coverage rapidly."


Monday, January 23, 2012
Acquisition Activity

SHENZHEN, China, January 23, 2012 /PRNewswire-Asia/ -- Uni Core Holdings Corporation (OTC Bulletin Board: "UCHC") a Hong Kong based holding company, announced today that it has obtained the consent of the Chinese Government to increase its ownership of Shaanxi Prosperous Agriculture Limited Company ("Prosperous Agriculture") by 30% to 51%. UCHC acquired 21% of Prosperous Agriculture in December 2010.

Prosperous Agriculture is headquartered in Xi'an, Shaanxi Province, China. Prosperous Agriculture manufactures and distributes three agricultural brands: "XiDuoFeng", a biological fertilizer series that expands the utilization rate of conventional fertilizers, enhances quality of crops, and increases production with a bio-microbial agent produced by a proprietary bio-technology; "Urea-Extra", a long-lasting nitrogenous fertilizer series that increases the utilization rate of traditional nitrogenous fertilizer by more than 50%; and "Sirius" compound fertilizer series. Prosperous Agriculture also establishes a national agricultural resources chain direct sales platform through the opening and acquiring of agricultural resources direct sales outlets and dealers, and by working with well-known manufacturers of agricultural products. Prosperous Agriculture integrated more than 2,000 agricultural resources sales outlets, located in areas including Shaanxi, Henan, Shandong, Hebei, Shanxi, Gansu, Ningxia and Xinjiang. The platform covers the agricultural resources sales channels nationally through the call centers and e-commerce network. With the gradual expansion of direct sales outlets, Prosperous Agriculture will form one of the largest marketing systems of direct sales chain of China. There are more than 200 agricultural resources dealers and more than 20,000 points of sale in China that sell Prosperous Agriculture's products, forming one of the largest distribution platform covering China's rural markets.


Monday, December 5, 2011
Comments & Business Outlook

HONG KONG, December 5, 2011 /PRNewswire-Asia/ -- Uni Core Holdings Corporation (the "Company" or "UCHC") (OTCBB: UCHC.OB), a Hong Kong based holding company, announced today that first quarter (July 1 to September 30, 2011) sales revenue of its wholly owned paper subsidiary APT Paper Group ("APT") were $6.266 million, an increase of 36% as compared with the same quarter last year. Based upon proprietary technology, production, marketing and global supply chains, APT is one of the leaders of the modern green packing and honeycomb paper products industry in China. Some of APT's customers include Wal-Mart, Costco, Sam's Club, Sony, Nokia, DHL, Haier, Hisense, among others.

Thomas Lee, Chief Operating Officer and Chief Financial Officer of UCHC, said, "The financial results of our paper subsidiary, APT, are quite encouraging, especially in the current global economic conditions. APT has been able to garner new customers and expand organically primarily due to its unique and environmentally friendly recycled and recyclable products."


Tuesday, October 26, 2010
Joint Venture

China Equity Platform registers shares. Formed via a joint venture with a shell company.

Company Snapshot:

High-tech financial services provider based in the People’s Republic of China

Post Registration Share Calculation:

  • 112,315,000: Pre reverse merger outstanding shares
  •   50,840,000: Shares offered by selling shareholders
  •                   0: Shares offered by Company

GeoTeam® best effort calculation of total post reverse merger shares assuming full conversions:  112,315,000  

Financial Snapshot:Company 2009 annual revenues were under $1.0 million.


Financials
                                                                                                                                          Year Ended March 31, 
   
2008
   
2009
   
2010
 
   
(Proforma)
   
(Proforma)
       
                   
Consolidated Income Statement
                 
Revenue
    87,176       1,482       71,810  
Cost of Revenue
    (89,327 )     (6,678 )     (64,342 )
Gross Profits(Loss)
    (2,151 )     (5,196 )     7,468  
Expenses
    (345,113 )     (1,195,026 )     (770,656 )
Interest (net of interest expenses)
    1,917       (241 )     517  
Other Income
    271,102       145       326,523  
Operating from continue operation before income tax
    (74,245 )     (1,200,318 )     (436,147 )
Income tax
    -       -       -  
Net Loss
    (74,245 )     (1,200,318 )     (436,147 )
                         
Earnings Per Share - Basic
    (0.00074 )     (0.0120 )     (0.0042 )
Earnings Per Share - Diluted
    (0.00074 )     (0.0120 )     (0.0042 )
Weighted Average Number of basic shares outstanding
    100,000,000       100,000,000       103,645,274  
Weighted Avenue Number of dilute shares outstanding
    100,000,000       100,000,000       103,645,274