Dragon Bright Mintai Successful Quoting on the OTC Bulletin Board |
| November 15, 2012 | November 2012 Bond Updates |
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Dragon Bright Mintai Botanical Technology (Cayman) Limited ("Dragon Bright" or "Group"; stock code: DGBMF) has been quoted on the OTC Bulletin Board on October 10th 2012. (1888PressRelease) Dragon Bright Mintai Botanical Technology (Cayman) Limited ("Dragon Bright" or "Group"; stock code: DGBMF), a leading seedling production and industrial plantation consulting company has been quoted on the OTC Bulletin Board on October 10th 2012. Dragon Bright Mintai Botanical Technology (Cayman) Limited ("Dragon Bright Mintai"), is at the pioneering edge of forestry seedlings production with secondary business include the sale of standing timber and logs. It is a total solution company to deliver proven, innovative, fast growing strategies, to meet the growing demands for wood products. Dragon Bright is a leading edge company with a fresh, clear vision of the future, continuous ongoing product development, and a management team with decades of practical experience in the field. It has invented its own technology to develop fast-growth, high yield bamboo-willow plantations in China. It patented aeroponics cultivation technology for agricultural and botanical cultivation, known as the Taiwan Fast Plant Propagation Technology (TFPPT) can be applied on different plants. The executive officers are stationed in Hong Kong, with the commercial forest plantation operation based in China. It established an infrastructure unit in Xiamen, China, capable of generating approximately 3,200,000 seedlings annually. Within two years, it plans to establish at least ten distribution and plantation companies in different provinces which focus on bamboo-willow trading and plantation. This creates a multiplier effect and to speed up and enhance the entire plantation process of the company. Mrs. Ho Lai Lai Anita, Chairwoman of Dragon Bright, said, "We are delighted with the successful quoting of Dragon Bright's shares on the OTC Market. It is a milestone in the Group's corporate development. We would like to thank all our investors for their support and confidence in the Group. We will continue to actively pursue business growth. " To ensure continuous growth of the business, Dragon Bright plans to further penetrate into the PRC market to extend its operations in both upstream and downstream of forest industry supply chain. Dragon Bright will also strengthen the development of applications for organic probiotic fertilizer. Mrs. Ho continued, "We believe the Group entered global capital market when successful quoting on the OTC market. We have confidence in our ability to deliver the best returns to our shareholders in the future. " |
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