Archive for the ‘Investors’ News’ Category

Tongxin International to make presentation at Global Hunter Securities Conference

Thursday, July 14th, 2011

British Virgin Islands-registered company Tongxin International Ltd., which is the largest independent supplier of engineered vehicle body structures (EVBS) in China, announced that company’s CEO William Zielke will present at the Global Hunter Securities Conference a full overview of Tongxin’s achievements, market position, new business initiatives and plans for growth. The Conference will be held at the Intercontinental Hotel in San Francisco, July 17-19, 2011.

BVI company’s CEO stated in his comments: “I am very pleased to discuss the recent achievements of Tongxin International and our plans to maintain our vigorous growth with Global Hunter’s audience of top institutional investors who are focused on China-based companies. I look forward to sharing with them Tongxin’s 20-year history of growth and our most recent initiatives for the future. I’m confident they will recognize our achievements and the opportunity to participate in our growth over the next few years.”

Global Hunter Securities, LLC is a full service investment bank focused on middle market corporate and institutional clients. Global Hunter has offices in San Francisco, New York, Houston, Ft. Worth, New Orleans, and Newport Beach, it has also presence in mainland China.

China Technology enters into strategic development agreement

Friday, July 1st, 2011

China Technology Development Group Corporation, a British Virgin Islands company specializing on solar energy products and solutions and headquartered in Hong Kong, announced during the Intersolar Europe 2011 in Munich that CTDC has entered into a strategic cooperation framework agreement with two other listed companies from China and Hong Kong – TBEA SunOasis Co., Ltd. and Goldpoly New Energy Holdings Limited. TBEA SunOasis Co., Ltd. , which is a subsidiary of Tebian Electric Apparatus Stock Co., Ltd. a professional hi-tech enterprise engaged in the research and manufacture of photovoltaic products and system integration technology. Goldpoly New Energy Holdings Limited is one of the largest solar silicon cell producers in southern China.

The BVI company and two other companies have formally announced their newly-formed PV investment consortium, aiming to improve efficiency and bring comprehensive solutions to solar park construction in Europe. Their consortium has already attracted the attention of leaders from political and business circles.

Subject to the agreement, the three parties will cooperate in all dimensions within the vertically integrated solar value chain, using their own advantages so to increase market share. Basing on CTDC’s established sales channels in China, US and Europe, the parties to the investment consortium will be able to effectively speed up module sales, installations on integrated systems, solar plant development.

The consortium also plans to start with a project company to jointly invest in and construct small-size solar plant, among other things it will cooperate over CTDC’s initiatives. By words of Mr. Jianxin Zhang, CEO of TBEA SunOasis, the PV investment consortium has strong financial support from China Development Bank and China Billion credit facilities.

First Forex company receives BVI FSC’s license

Tuesday, June 7th, 2011

The British Virgin Islands Financial Services Commission approved application for an investment business license for Gallant Capital Markets, a BVI-incorporated company which is one of the world’s major providers of Forex trading technologies and services. It is worth mentioning that the license received by the Forex broker-dealer is the first and currently the only license of this kind, and this company became the first one to be authorized and regulated by the FSC under the Securities and Investment Business Act of 2010 (SIBA) – the new regulatory regime regulating this type of investment business activity in the jurisdiction.

The investment business license enables Gallant to offer its services within the confines of a respected regulatory framework. By words of company’s CEO Salvatore Buccellato, “Both receiving and being the first to receive an investment business license from the BVI FSC to deal in investments as a principal is exciting and a huge milestone for our company. It symbolizes our commitment to our global clients, and it adds momentum to our continuing effort to expand our company through our products and services.”

Thr BVI FSC is the regulatory authority for all kinds of financial services in this offshore tax haven. It also ensures compliance with international standards and best-conduct business practices.

BVI company signs Licensing Agreement

Tuesday, May 17th, 2011

The British Virgin Islands-registered company Origin Agritech announced a licensing agreement with a multinational partner, with the purpose to develop high-yielding corn varieties incorporating the Origin Agritech glyphosate- resistant and Bt- traits.

These traits proved to be effective in both lab and field environments, their commercialization is novel to the Chinese market, and they are protected by patents granted separately by China and USA. The BVI company will license the traits to its partner and take the lead in the development and testing activities.

Origin Agritech is the owner of comprehensive worldwide rights to glyphosate- resistant and BT- genes developed by the Chinese Academy of Agricultural Sciences (CAAS).

According to the Acting Chief Financial Officer of the BVI corporation, this agreement is a milestone for Origin Agritech to validate its GM technology. He said that, after the successful integration of these traits, the company would be seeking to finalize subsequent collaboration agreements to sell these seeds into Chinese and potentially in the other markets.