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Archive for May 7th, 2013

Encore Global Investment Management, LLC Announces Eight County American Regional Center for New EB-5 Program

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DALLAS, May 7, 2013 /PRNewswire/ — Encore Global Investment Management, LLC, (Encore Global) a division of the Dallas-based Encore Enterprises, Inc., has partnered with San Antonio-based American Regional Center, LLC to manage and operate Encore’s recently approved Regional Center that will serve eight South Texas Counties as part of the U.S. Government’s EB-5 Program.

“While the EB-5 Program has been around since 1990, American Regional Center will enable Encore Global to strategically align EB-5 funding with targeted projects that will significantly change the economic development landscape in San Antonio and surrounding communities,” said Kevin R. Rogers, Senior Managing Director of Encore Global. “We chose these eight South Texas Counties because of their economic appeal for developers and for key redevelopment opportunities within San Antonio and the surrounding area.”

The EB-5 Program was created by the United States Citizenship and Immigration Service (USCIS) in 1990 to provide qualified foreign individuals with an opportunity to achieve permanent U.S. residency status by investing $500,000 to $1,000,000 in a business that will benefit the U.S. economy and create at least 10 full-time jobs. In exchange for this investment, the investor receives an EB-5 Visa providing permanent residency status for the investor and his/her immediate family. Encore Global will work closely with American Regional Center to identify and coordinate the development of a variety of commercial real estate projects.

Encore Global will work with the American Regional Center to help develop, construct, operate and manage commercial real estate projects, focusing on commercial and institutional buildings as well as hotels. The American Regional Center partnership will enable Encore Global to expand its development efforts into eight South Texas counties including: Frio, Atascosa, Bexar, La Salle, Medina, Uvalde, Webb, and Zavalla Counties.

About Encore Global Investment Management, LLC

Encore Global Investment Management, LLC was created to provide an EB-5 investment vehicle for qualified foreigners seeking to obtain permanent residency status in the United States. Encore’s legal and finance professionals deliver full-service support for its foreign investors to guide them through the entire immigration process. The company’s industry insiders and in-house experts identify, evaluate and select commercial real estate investment projects that meet USCIS requirements. These projects include: retail, hospitality, office, multi-family, institutional and industrial building construction. For more information, please visit or call (214) 259-7000.

Contact: Amy Upton
Marketing / Communications
Encore Enterprises, Inc.
(T) 214-259-2400

View in PR Newswire Asia website: Encore Global Investment Management, LLC Announces Eight County American Regional Center for New EB-5 Program

Written by asiafreshnews

May 7, 2013 at 11:32 pm

Posted in All releases

Tri-Tech Announced Voting Results from 2013 Annual General Meeting of Shareholders

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BEIJING, May 7, 2013 /PRNewswire-FirstCall/ — Tri-Tech Holding Inc. (Nasdaq: TRIT), which provides turn-key water resources management, water and wastewater treatment, industrial safety and pollution control solutions, announced today that the company held its 2013 Annual General Meeting of Shareholders at 9:00 A.M. on May 6, 2013.

More than one-half of the company’s shares were represented in person or by proxy, constituting a quorum at which the business of the company could be conducted. During meeting, the shareholders approved the following proposals:

  • The election of Messer. Peter Zhuo, Da-zhuang Guo, and John McAuliffe as Class I directors on the Board serving terms expiring at the Annual Meeting of Shareholders in 2016 or until their successors are duly elected and qualified;
  • The appointment of Marcum Bernstein & Pinchuk LLP as the company’s auditor for the fiscal year ending December 31, 2013;
  • The compensation for our named executive officers for 2012; and
  • The frequency of advisory vote on executive compensation is once every 1 year.

About Tri-Tech Holding Inc.

Tri-Tech is an innovative provider of consulting, engineering, procurement, construction and technical services. The Company supports government, state owned entities and commercial clients by providing efficiency oriented solutions focused on treatment of water and waste water, management of water resources and water-efficient irrigation, as well as industrial emission and safety controls. With software copyrights, product patents, and capable employees in China, the U.S. and India, Tri-Tech’s capabilities span the cycle of innovation. Please visit for more information.

An online investor kit including a company profile, presentations, press releases, current price quotes, stock charts and other valuable information for investors is available at To subscribe to future releases via e-mail alert, visit

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include references to the successful completion of the project referenced herein and other statements concerning plans, objectives, goals, strategies, future events such as project payments, results of marketing efforts or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in reports filed by the company with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

Tri-Tech Holding Inc.

IR Department
+86 10 57323666

View in PR Newswire Asia website: Tri-Tech Announced Voting Results from 2013 Annual General Meeting of Shareholders

Written by asiafreshnews

May 7, 2013 at 11:32 pm

Posted in All releases

Intermodal China 2013 to be Held in September

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SHANGHAI, May 7, 2013 /PRNewswire/ — Intermodal China 2013 – Shippers’ Summit will be held at the Hyatt on the Bund, Shanghai, China from September 24 to 25, 2013. The conference will attract over 500 leading companies in the field of logistics sector including ports, shipping companies, rail transportation companies, highway transportation companies, cargo shippers and freight forwarders, and more. 40 percent of the attendees are cargo shippers from various industries including chemicals, electronics, FMCG, auto, construction and others.

The Summit will be composed of 3 sections – China Policy on Logistics & Intermodal Transport; The Optimization of Intermodal Supply Chain; and the Global Market for Intermodal Transport. Government officials from China railways, customs, and other professional institutes will be invited to present policy analysis on China’s rail reform, China customs system & development, as well as the planning of sea-rail transport. With the rapid development of China’s foreign trade, cargo shippers are looking for new and innovative transport services and solutions. During the two high-impact days of networking, logistics and cargo transport suppliers from Central Asia, Africa, Russia, South America, Europe, the U.S., and more will meet Chinese shippers and carriers for business partnerships.

The Summit will be delivered in the forms of keynote speech, panel discussion, case study and summit dialogue. Call for paper is now issued. More details can be found on event official website

VIP Shipper Club

On the evening of the first day, the VIP Shipper Club will be organized near the North Bund. Big cargo shippers from various industries, leading carriers, and authorities from ports and rails will gather together to share insight and drive business.

About Intermodal China

“Intermodal” has a history of 19 years in South America, and it is the second largest event in the world for the logistics, cargo transport, and international trade sectors. With the success of JOC Container Shipping Conference, TPM Asia, Breakbulk, and other events in logistics & transport industry, UBM continues to integrate its resources in global multimodal transport and introduces Intermodal to China. Intermodal China will attract 500 industry players from all over the world.

Katrina Dong
Tel: +86 21 6157 7210

View in PR Newswire Asia website: Intermodal China 2013 to be Held in September

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May 7, 2013 at 10:32 pm

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CPhI China 2013 Increases Customer Content Services and Expands Thanks to a Double Digit Pharma Industry Growth Rate and a Burgeoning Generics Market

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AMSTERDAM, May 7, 2013 /PRNewswire/ —

Co-located events P-MEC/ICSE/BioPh/InnoPack/LABWorld are helping to build improved partnerships and drive GMP standards across the region

CPhI announces that CPhI China, an event organised by UBM Live and UBM Sinoexpo, is returning to the Shanghai New International Expo Center (25-27 June 2013, Shanghai) for the 13th consecutive year – with an increased scale, more informative exhibition and regional networking opportunities and a greater range of content services than it has ever offered before. With a view to enhancing the customer experience and ROI value, CPhI China has added mobile applications, high value conferences, a live laboratory showcase and re-launched the show daily. Furthermore, the 2013 event has a strong focus on R&D with LABWorld, BioPharma and ICSE all contained in one hall. China has increasingly become a focal point of the pharmaceutical industry and is now the 3rd largest market in the world. Fuelled by increasing healthcare demands within its own borders as well as by international companies seeking manufacturing facilities, China’s hunger for foreign partnerships and pharmaceutical ingredients presents a great opportunity for international and domestic suppliers and buyers.

CPhI China is back this year as the main event for the pharmaceutical ingredients industry in the fast growing Chinese market. We expect to welcome 2,300 exhibitors, and 30,000 visitors from more than 100 countries, CPhI China 2013 is a unique one-stop platform to meet current partners, build new relationships, evaluate pharmaceutical products and learn about the latest industry trends.

Co-located events re-confirmed for the 2013 edition will be P-MEC China, which covers machinery and equipment; ICSE China, for companies providing outsourcing services in custom synthesis and clinical trials; BioPh China, a dedicated platform for biopharmaceuticals; and InnoPack, focussed on bringing global packaging solutions to the Chinese pharma companies. Additionally, following huge demand in 2012, this year will also see a significant expansion of co-located event, LABWorld China – which will focus on innovation and new developments, providing a forum for increased education and networking for businesses in the laboratory, analytical and biotech equipment sector.

The number of exhibitors already registered has seen a tremendous upsurge thanks to increased Chinese manufacturing opportunities and huge growth in China’s generics sector. This rapid development, coupled with the evolving regulatory landscape is attracting both domestic and international investors to the Chinese market.

CPhI China 2013 brings great expectations and is a must attend event for anyone interested in breaking into China’s pharmaceuticals market and establishing Chinese partners.

“In 2012, the size of the Chinese pharmaceutical market reached 926.1 billion RMB, and is expected to expand at an annual rate of 12% from 2013 to 2020,” announced Nik Rudge, Managing Director at UBM Live. “Today, leading Chinese CROs and pharmaceutical companies are able to offer high quality, cost-effective services on a global scale with growth rates forecast to far outpace the rest of the industry. The increasing ability of Chinese companies to meet international standards in drug quality and safety, coupled with strong growth in the local market, makes this is a must attend event for any pharmaceutical company in 2013  whether Chinese, regional or international in focus.”

Attendance to the events is free for qualified pharmaceutical professionals at

Event information:
CPhI China
25-27 June 2013
The Shanghai New International Expo Center

Notes for Editors

About CPhI

CPhI drives growth and innovation at every step of the global pharmaceutical supply chain from drug discovery to finished dosage. Through exhibitions, conferences and online communities, CPhI brings together more than 100,000 pharmaceutical professionals each year to network, identify business opportunities and expand the global market. The flagship event, CPhI Worldwide is held in Europe, with additional events in China, India, Japan, Southeast Asia, Russia and South America co-located with ICSE for contract services, P-MEC for equipment, InnoPack for packaging and BioPh for biopharma. CPhI provides an online buyer & supplier directory at and hosts a global community with news and analysis at, produced by UBM Live and partners.

For more information visit:

About UBM Live

UBM Live connects people and creates opportunities for companies across five continents to develop new business, meet customers, launch new products, promote their brands, and expand their market. Through premier brands such as TFM&A, Internet World, IFSEC, MD&M, CPhI, Cruise Shipping Miami, the Concrete Show, and many others, UBM Live exhibitions, conferences, awards programs, publications, Websites, and training and certification programs are an integral part of the marketing plans of companies across more than 20 industry sectors.

For media enquiries, please contact:

Alex Heeley or Tristan Jervis    
De Facto Communications
T: +44-207-203-6745/6740

View in PR Newswire Asia website: CPhI China 2013 Increases Customer Content Services and Expands Thanks to a Double Digit Pharma Industry Growth Rate and a Burgeoning Generics Market

Written by asiafreshnews

May 7, 2013 at 10:17 pm

Posted in All releases

Aiseesoft iPhone Transfer – The Premier Solution for Transferring iPhone Files

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BEIJING, May 7, 2013 /PRNewswire/ — Aiseesoft iPhone Transfer lets users easily transfer information, such as music, movies, playlists, photos, pictures and ringtones, from their iPhone, iPad, or iPod to a Mac, PC or an iOS-powered device. Transferring videos, music, playlists, and ringtones to iTunes is also easy to do. With this transferring software, getting music or other media from a computer to an iPhone, iPad, or iPod couldn’t be any easier. This iPhone, iPad and iPod file transfer utility is fully compatible with iOS 6, the iPhone 5, iPad 4, iPad mini and iPod touch 5. It has a neat user interface that displays all necessary information clearly, making managing an iPhone, iPad or iPod as simple as possible.

Aiseesoft iPhone Transfer allows users to load DVD discs, DVD folders or DVD IFO files and convert DVD movies to video or audio files supported by iPhone, iPad and iPod. Users can play and preview the video/audio files before converting. The converted media files can be directly transferred to iDevices or iTunes. Also, users can convert video and audio files to iPhone/iPad/iPod-compatible formats including iPhone 5 H.264 HD Video (*.mp4), iPad mini H.264 720p Video (*.mp4), iPad 4 H.264 HD Video (*.mp4), iPod nano 7 H.264 Video (*.mp4) and more. Moreover, the outstanding iPhone transferring software enables users to merge several video files into a single one; just select the output audio track and subtitle, and rename the video/audio files. It can also act as an iPhone ringtone maker to help users make iPhone rintones from their favorite songs.

Apart from the basic functions, the Platinum version of Aiseesoft iPhone Transfer supports transferring and backing up iPhone messages (SMS/MMS) to a computer. It can import Contacts in .vcf or csv format to an iPhone, export Contacts to save as .csv files for Google Contacts, Hotmail Contacts, Yahoo Contacts and Outlook Contacts, vCard files for Outlook/Windows Contacts, or a single vCard file for other address books. It also has the feature to back up or delete iPhone Contacts. Furthermore, this excellent program has a powerful video editor to adjust video effects, trim video clips, crop video playing area and add watermarks to video.

To learn more about iPhone Transfer for Windows, please visit:

To learn more about iPhone Transfer for Mac, please visit:

System Requirements for Windows Version

OS Supported:

Windows NT4/2000/2003/XP and Windows Vista, Windows 7, Windows 8


800MHz Intel or AMD CPU, or above


512MB RAM or more

System Requirements for Mac Version


Intel® processor

OS Supported:

Mac OS X 10.4 or above

Hardware Requirements:

512MB RAM, Super VGA (800600) resolution, 16-bit graphics card or higher.

About Aiseesoft Studio

As a professional multimedia software provider, Aiseesoft Studio is dedicated to developing the best multimedia desktop applications to help the Windows and Mac users smoothly convert, edit and transfer various video/audio files. In order to meet users’ various requirements, Aiseesoft Studio constantly brings in new ideas, technologies, etc. To Aiseesoft Studio, Users’ satisfaction is a consistent pursuit. For more information, please visit:

View in PR Newswire Asia website: Aiseesoft iPhone Transfer – The Premier Solution for Transferring iPhone Files

Written by asiafreshnews

May 7, 2013 at 9:32 pm

Posted in All releases

Earning Forecast for Bank of America, BMC Software, Cliffs Natural Resources, Oracle, Groupon, and Micron

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HONG KONG, May 7, 2013 /PRNewswire/ — has issued consensus earnings forecast reports for the following companies: Bank of America (NYSE:BAC), BMC Software (NASDAQ:BMC), Cliffs Natural Resources (NYSE:CLF), Oracle (NASDAQ:ORCL), Groupon (NASDAQ:GRPN), and Micron (NASDAQ:MU).

(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)

Report Highlights:

Bank of America Corp (NYSE:BAC): By the end of trading session, Bank of America (NYSE:BAC) shares soared 5.23% to US$12.88 with more than 265.06 million shares traded, compared to its average volume of 125.62 million shares. The company settled the lawsuit with mortgage issuer MBIA Inc. Bank of America will pay about US$1.7 billion to MBIA, and provide US$500 million as credit line. As part of the settlement, Bank of America will gain 4.9% shares of MBIA. Observing comprehensive analysis of Bank of America could help investors avoid big loss in investment. Check BAC earnings forecast report below.

Read Full Report:

BMC Software, Inc. (NASDAQ:BMC): BMC Software, Inc. (NASDAQ:BMC) shares began the trading session with a price of US$45.50. When day-trade ended, the stock finally stood at the last session closing price of US$45.42. The stock traded 34.23 million shares in the last trading session, compared to its daily average of 1.98 million shares. Bain Capital LLC and Golden Gate Capital offered a US$6.9 billion cash buy out to BMC software, as US$46.25 per share. Investors may want to find out where BMC Software will go from here. Observe comprehensive BMC earnings forecast report here.

Read Full Report:

Cliffs Natural Resources Inc (NYSE:CLF): The shares of Cliffs Natural Resources (NYSE:CLF) began the trading session with a price of US$20.80. When day-trade ended, the stock price soared 5.52% to US$21.01. The stock traded 15.42 million shares in the last trading session, heavier than its daily average of 14.72 million shares. The company recently released its earnings which encouraged investors. While its US iron ore business is running strong, the China market is showing demand of iron ore for its heavy infrastructure spending. Do you think Cliffs Natural Resources will go on? Do you think now is a good time to buy the stock? Investors could check CLF earnings forecast report here.

Read Full Report:

Today also observed abnormal trade volume for the following companies; Check out the consensus earnings forecast reports below:

Oracle Corporation (NASDAQ:ORCL):

Read Full Report:

Groupon Inc (NASDAQ:GRPN):

Read Full Report:

Micron Technology, Inc. (NASDAQ:MU):

Read Full Report:

About focuses on tracking and monitoring company Earnings Data for top market movers in US stocks market. features a team of experienced data analysts striving to provide the investment community with the tools, software, and data necessary to carry out more effective investment research.

Important Disclaimer:

Please visit: for details.

View in PR Newswire Asia website: Earning Forecast for Bank of America, BMC Software, Cliffs Natural Resources, Oracle, Groupon, and Micron

Written by asiafreshnews

May 7, 2013 at 9:18 pm

Posted in All releases

Qucell Integrates Symmetricom SoftClock Solutions into 4G/LTE Small Cell Solutions

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Following successful design integration, Qucell joins SyncWorld Ecosystem Program

SAN JOSE, California and SEOUL, Korea, May 7, 2013 /PRNewswire/ — Symmetricom®, Inc. (NASDAQ: SYMM), a worldwide leader in precision time and frequency technologies, today announced the successful design integration of its SoftClocks into 4G/LTE + WiFi small cells offered by Qucell, Inc., a leading provider of small cell coverage devices for telecommunications carriers. This successful integration enables Qucell to join Symmetricom’s SyncWorld® Ecosystem Program in the Small Cells category.


Working closely with Symmetricom, Qucell validated the compliance of its “Evolve Q1016” and “Evolve Q1008,” two 4G/LTE enterprise and residential small cell products, with the LTE FDD standard. Throughout rigorous testing, Qucell’s small cell portfolio was capable of maintaining precise and constant synchronization using Symmetricom’s SoftClock software. Qucell enabled Korea Telecom to launch the world’s first massive commercial LTE small cell service with its Evolve Q1016 enterprise LTE small cells.

“Symmetricom’s SCr/SCe SoftClocks have played an important role in the commercialization testing of Qucell’s 4G/LTE + WiFi small cell access points,” said Mr. Mark Choi, vice president of Qucell. “It has allowed us to integrate packet-based synchronization into our small cells products, which is a very important function for all of our home, enterprise, public, and outdoor solutions.”

A recent report by NPD In-Stat on Small Devices predicts that due to skyrocketing demand for mobile data services, the sale of small cell devices will hit $14 billion in retail value by 2015. This growth is being attributed to the surge in mobile data services that are placing a high level of stress on mobile networks typically designed to handle less intensive voice traffic.  

“Precise timing is an essential element of successful small cell network deployments to support LTE networks,” said Manish Gupta, vice president marketing at Symmetricom. “We welcome Qucell to the SyncWorld Ecosystem Program and look forward to more successful small cell deployments with our partners.”

Qucell’s commercial experience includes 6,000 successful large-scale 4G/LTE + WiFi small cell deployments in 2012 alone, with an additional 12,000 units expected to be deployed by June 2013.

To find out more about how Symmetricom supports backhaul, download the white paper, “Synchronization for Next Generation Networks – The PTP Telecom Profile,” here:

For more information on Symmetricom’s SyncWorld Ecosystem Program, visit:

About Qucell, Inc.

Qucell is a leading small cell solution company based in Silicon Valley, USA providing 4G/LTE + WiFi small cell solutions including number of small cells APs and the small cells Management System for residential, public, and enterprise deployment. Qucell is working closely with the strategic technology ecosystem partners to bring the end-to-end solution including gateway solution providers, and innovative mobile applications/network optimization providers. Based on the verified experiences of providing commercial services and products over the years, Qucell launched the world’s first massive commercial 4G/LTE + WiFi small cell service with its LTE small cell called Evolve Q1016 in Korea successfully deployed by Korea Telecom (

About Symmetricom, Inc.

Symmetricom (NASDAQ:SYMM), a world leader in precise time solutions, sets the world’s standard for time. The company generates, distributes and applies precise time for the communications, aerospace/defense, IT infrastructure, power and metrology industries. Symmetricom’s customers, from communications service providers and network equipment manufacturers to governments and their suppliers worldwide, are able to build more reliable networks and systems by using the company’s advanced timing technologies, atomic clocks, services and solutions. All products support today’s precise timing standards, including GPS-based timing, IEEE 1588 (PTP), Network Time Protocol (NTP), Synchronous Ethernet and DOCSIS® timing. Symmetricom is based in San Jose, Calif., with offices worldwide. For more information, visit: or join the dialogue at


Symmetricom Contact:
Tracy Schriver
Symmetricom, Inc.
t: +1-408-964-7649

Media Contact:
Liam Rose
GolinHarris for Symmetricom
t: +1-415-318-4380

View in PR Newswire Asia website: Qucell Integrates Symmetricom SoftClock Solutions into 4G/LTE Small Cell Solutions

Written by asiafreshnews

May 7, 2013 at 9:18 pm

Posted in All releases

China Botanic Pharmaceutical Inc. Announces Receipt of Delisting Notice

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HARBIN, China, May 7, 2013 /PRNewswire/ — China Botanic Pharmaceutical Inc. (AMEX: CBP) (formerly Renhuang Pharmaceuticals, Inc.) (“China Botanic” or the “Company”), a developer, manufacturer and distributor of botanical products, bio-pharmaceuticals and traditional Chinese medicines (“TCM”) in China, announced today that on May 2, 2013, it received a notice (“Delisting Notice”) from the NYSE MKT LLC (“Exchange”) indicating that based on the Company’s noncompliance with its compliance plan previously submitted by the Company on February 7, 2013 to regain compliance with Sections 134 and 1101 of the NYSE MKT Company Guide (“Company Guide”) by May 1, 2013 (the “Compliance Plan”), the Exchange has made a determination to delist the common stock of the Company from the Exchange. The Delisting Notice indicated that under Sections 1203 and 1009(d) of the Company Guide, the Company has a limited right to appeal the Exchange’s determination by requesting an oral hearing or a hearing based on a written submission before the Exchange’s Listing Qualifications Panel (“Panel”). In order to request a hearing, the Company must submit its appeal request and pay the required fee by May 9, 2013. If the Company does not elect to appeal the determination by May 9, 2013, the determination will be final and the Exchange will proceed to file an application with the Securities and Exchange Commission to delist the Company’s common stock from the Exchange.

As previously announced, on January 31, 2013, the Company received a notice of failure to satisfy a continued listing standard from the Exchange as a result of the Company’s failure to timely file its Form 10-K for the fiscal year ended October 31, 2013. In response to the letter dated January 31, 2013, the Company submitted a plan of compliance (the “Plan”) on February 14, 2013, outlining the actions that the Company has taken and the Company’s plans to bring it back into compliance by May 1, 2013. The Plan was accepted on March 1, 2013. On March 27, 2013, the Company received another notice of failure to satisfy a continued listing standard from the Exchange as a result of the Company’s failure to timely file its Form 10-Q for the period ended January 31, 2013. Due to the similar nature of the deficiencies in the notices and the inclusion of the filing timeline of the Form 10-Q in the Plan, the Company was not required to submit another plan of compliance. The Company was advised that it was subject to the procedures and requirements of Section 1009 of the Company Guide as a result of the delinquent filings. In addition, it was advised that if the Company did not bring it back into compliance with all of the Exchange’s continued listing standards within the timeframe provided or did not make progress consistent with the Plan during such plan period, the Exchange staff would initiate delisting proceedings as appropriate.

The Company was unable to file its Form 10-K and Form 10-Q pursuant to the Plan. Due to new developments resulting in Company’s failure to meet the milestones set in the Plan, on April 12, 2013, the Company submitted an amended compliance plan and requested an extension until June 15, 2013 to regain compliance (the “Revised Plan”). Subsequently on April 24, 2013, the Company requested an additional extension of its compliance end date to July 15, 2013. In light of the Company’s failure to make progress consistent with the Plan and review of materials provided and discussions with the Company and its representatives, the request for an extension of its compliance end date to July 15, 2013 was denied. The Exchange indicated in the Delisting Notice that it did not believe the Company has provided a reasonable demonstration of its ability to regain compliance in such timeframe.

The Company intends to appeal the Exchange’s determination by requesting a hearing by written submission before the Panel, which request will stay the delisting determination until at least such time as the Panel renders a determination following the hearing. The Company anticipates that the hearing will take place in approximately six (6) to eight (8) weeks time. The Company is undertaking steps to address the deficiencies raised by the Exchange. However, there can be no assurance that the Company will be successful in its appeal and that the Company’s request for continued listing will be granted.


China Botanic Pharmaceutical Inc. is engaged in the research, development, manufacturing, and distribution of botanical products, bio-pharmaceutical products, and traditional Chinese medicines (“TCM”), in the People’s Republic of China. All of the Company’s products are produced at its three GMP-certified production facilities in Ah City, Dongfanghong and Qingyang. The Company distributes its botanical anti-depression and nerve-regulation products, biopharmaceutical products, and botanical antibiotic and OTC TCMs through its network of over 3,000 distributors and over 70 sales centers across 24 provinces in China. For more information, please visit

Safe Harbor Statement

This press release contains certain statements that may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based upon management’s beliefs, assumptions and expectations of the Company’s future operations and financial performance, taking into account the information currently available to management. These statements are not statements of historical fact. Forward-looking statements involve risks and uncertainties, some of which are not currently known that may cause actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial condition expressed or implied in any forward-looking statements. These forward-looking statements are based on current plans and expectations and are subject to a number of uncertainties including, but not limited to, the Company’s ability to manage expansion of its operations effectively, and other factors detailed in the Company’s annual report on Form 10-K and other filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You are cautioned not to unduly rely on such forward-looking statements when evaluating the information presented herein.

Company Contact:

China Botanic Pharmaceutical Inc.

Ms. Portia Tan, IR Contact

Tel: 86-451-8260-2162


View in PR Newswire Asia website: China Botanic Pharmaceutical Inc. Announces Receipt of Delisting Notice

Written by asiafreshnews

May 7, 2013 at 9:18 pm

Posted in All releases

Supreme Master Ching Hai Speaks About Situation on Korean Peninsula

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LOS ANGELES, May 7, 2013 /PRNewswire/ — Supreme Master Ching Hai shared insights about the tensions on the Korean peninsula to help assuage people’s concerns. The world-renowned spiritual teacher and humanitarian offered her advice during a teleconference on April 14 at the invitation of Supreme Master TV in Los Angeles, USA.

(Photo: )

When asked how conflict could be avoided, the Supreme Master replied: “Continue praying for peace. But don’t worry, it [war] won’t happen.”

Saying that there has been spiritual intervention by “the saints, sages and Heaven,” Supreme Master also stated, “There is nothing to worry about because the North Korean leader and the North Korean people are intelligent… They know it is suicide if they start a war with anybody.”

She further said, “Having denuclearization is the best thing to do because having a nuclear weapon is not an insurance for your country’s safety at all. If you destroy others, they will destroy you… Nowadays, everybody understands the situation.”

The Supreme Master was able to share through meditation a deeper understanding about the North Korean leader. “He doesn’t have violence in his being. He doesn’t want war at all. Even though he’s young, he’s a smart person. They will find that Mr. Kim Jong-un is not that difficult to talk to.”

While encouraging fair dialog among the countries involved, she spoke on how North Korea could become a more successful nation: “They could try to open doors more toward other nations…even if they still want to keep their own political system… The free world people surely would like to make friends with the North Korean people and want to get to know them, to appreciate them.”

She said, “Anything for peace is worthy to pay, and then it’d be done… Every peaceful plan will be done.”

During the conference, Supreme Master discussed various spiritual topics and shared a message for the world: “Should concentrate on doing good things. Pray and meditate whatever way you can to the highest possible spiritual power. Eliminate evil tendencies in all corners of your life. Remember God at all times. Be grateful for whatever you have and all the blessings all over around you and in your life. Pray for the world’s wellness. Be vegan, make peace. And be grateful for your beautiful life and enjoy your short but beautiful existence.”


View in PR Newswire Asia website: Supreme Master Ching Hai Speaks About Situation on Korean Peninsula

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May 7, 2013 at 9:17 pm

Posted in All releases

TCL Multimedia’s LCD TV Sales Volume in April 2013, Up 22.9% to 1,733,615 Sets Year-on-year

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Sales Volume of Smart TV and 3D TV in the PRC Up 196% and 110% Respectively year-on-year in April 2013

HONG KONG, May 7, 2013 /PRNewswire/ — TCL Multimedia Technology Holdings Limited (“TCL Multimedia” or “the Group”, HKSE stock code: 01070) today announced sales volumes of its TV and AV products for April 2013.

TCL Multimedia’s monthly LCD TV sales volume in April 2013 is up year-on-year by 22.9% to 1,733,615 sets. The Group has launched new products since April and continued to optimize its overall product mix.

In the PRC Market, the Group sold 961,376 sets of LCD TVs in April, up 30.1% year-on-year. The Group sold 250,234 sets of smart TVs and 304,611 sets of 3D TVs in the PRC Market, up 196% and 110% year-on-year respectively which accounted for 26.0% and 31.7% respectively of the total LCD TV sales volume for the month of April.

In Overseas Markets, the Group’s LCD TV sales volume grew by 14.9% year-on-year to 772,239 sets in April. Of which, LCD TV sales volume in the Emerging Markets increased by 28.4% year-on-year to 440,084 sets in April. The Group continued to optimize its product mix and the proportion of high-end smart TVs has steadily been increased to 28.8% in the European Market for April 2013. The Group is confident that it will achieve the quality growth objective in 2013.

Tonly Electronics Limited (“Tonly Electronics”) (formerly known as AV business) sold 1,535,584 sets of AV products in April 2013, up 14.9% year-on-year. Tonly Electronics continued to seek diversification in its products and customer base and transformed its product mix more towards intelligent accessories and new audio products.

April 2013 (Unaudited sales volume):

  April 2013  April 2012  Year-on-year Change
January to April 2013  January to April 2012  Year-on-year Change
LCD TV  1,733,615  1,411,130  22.9%  5,645,931  4,630,009  21.9% 
Of which: LED backlight LCD TV 1,668,531 1,016,644 64.1% 5,209,121 3,039,010 71.4%
 Smart TV 275,050 84,458 225.7% 866,062 196,346 341.1%
 3D TV 306,092 145,871 109.8% 1,077,615 395,919 172.2%
CRT TV  107,310   219,695   -51.2%  450,132  984,802   -54.3% 
Total TV Sales  1,840,925  1,630,825  12.9%  6,096,063  5,614,811  8.6% 
AV Products  1,535,584  1,336,340  14.9%  4,788,941  4,703,957  1.8% 

Note: Since the beginning of 2013, TCL Multimedia has begun announcing monthly sales volumes of 3D TVs and smart TVs. Sales volume of Internet TVs is not included in the sales volume figure of smart TVs and Internet TVs.

About TCL Multimedia

Headquartered in China, TCL Multimedia Technology Holdings Limited (HKSE stock code: 01070) is one of the leading players in the global TV industry. TCL Multimedia is engaged in the research and development, manufacturing and distribution of consumer electronic products comprising television and audio visual products. Its ultimate shareholder is TCL Corporation. According to the latest DisplaySearch report, the Group’s global LCD TV market share increased from 4.8% in 2011 to 5.8% in 2012, thus lifting its global ranking to the fourth. The Group has maintained its No.1 position in the LCD TV market in China with a market share of 18.0%.

For more information, please visit its website:

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Written by asiafreshnews

May 7, 2013 at 9:17 pm

Posted in All releases