Client News

Gulf Resources Closes $25.0 Million Private Placement Transaction

Date Posted: 
Monday, December 21, 2009 7:40pm

NEW YORK and SHANDONG, China -- Gulf Resources, Inc. (Nasdaq: GFRE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that on it closed a private placement financing which was previously announced on . In the transaction the Company issued 2,941,182 shares of the Company's common stock at a price of $8.50 per share for an approximate aggregate purchase price of $25.0 million. Brean Murray, Carret & Co., LLC acted as the exclusive placement agent for the financing.

Gulf Resources Begins Formal Production of New Bromine and Crude Salt Assets

Date Posted: 
Sunday, December 13, 2009 7:39pm

NEW YORK and SHANDONG, China, Dec. 14 -- Gulf Resources, Inc. (Nasdaq: GFRE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today provided an update on the integration of manufacturing assets that the Company acquired in September 2009. The Company started formal production using the assets on December 14, 2009.

Gulf Resources Enters into $25.0 Million Private Placement Agreement

Date Posted: 
Thursday, December 10, 2009 7:38pm

NEW YORK and SHANDONG, China, Dec. 11 -- Gulf Resources, Inc. (Nasdaq: GFRE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products located in Shandong Province, China, today announced that it has entered into a definitive agreement with institutional investors pursuant to which it has agreed to sell, in a private placement, 2,941,182 shares of its common stock at a price of $8.50 per share. The Company expects gross proceeds of approximately $25.0 million.

Diguang Featuring LED Products at 2010 International CES Exhibition in Las Vegas

Date Posted: 
Wednesday, December 16, 2009 7:35pm

SHENZHEN, China, Dec. 17 -- Diguang International Development Co., Ltd. (OTC Bulletin Board: DGNG) ("Diguang" or "the Company") today announced that the Company will participate in the upcoming 2010 International CES Exhibition ("the Exhibition") from January 7-10, 2010 at the Las Vegas Convention Center.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070830/CNTH005LOGO )

CNC Development Ltd. Announces Restoration of Original Trading Symbols

Date Posted: 
Wednesday, December 23, 2009 7:10pm

SHANGHAI, CHINA, Dec. 24, 2009 --

SHANGHAI, CHINA -- 12/24/09 -- CNC Development Ltd. ("CNC" or the "Company") (OTCBB: CDLVF) (OTCBB: CDLKF) (OTCBB: CDLWF) (fka InterAmerican Acquisition Group Inc.) announced today that the trading symbols for the Company's securities have been restored to their original symbols as follows:

-- Common shares: CDLVF
-- Class A Preferred shares: CDLKF
-- Warrants CDLWF

China Yida Provides Update on Progress of Yunding Park Construction

Date Posted: 
Sunday, December 6, 2009 7:10pm

FUZHOU, China, Dec. 7, 2009 -- China Yida Holding Company (Nasdaq: CNYD) ("China Yida" or the "Company"), a leading diversified entertainment enterprise in China, today provided investors with an update on the construction progress at its Yunding Park tourist destination. Located 30 kilometers from Fuzhou, the national park will include Colorful Rock Valley, Yunding Paradise, Yunding Waterfall, South Heavenly Mountain, and Seven Star Lake.

(Logo: http://www.newscom.com/cgi-bin/prnh/20091012/CNM039LOGO )

China Yida Approved to List on NASDAQ Capital Market

Date Posted: 
Thursday, December 3, 2009 7:09pm

FUZHOU, China, Dec. 4, 2009 -- China Yida Holding Company (OTC Bulletin Board: CNDH) ("China Yida" or the "Company"), a leading diversified entertainment and media enterprise in China, today announced that the Company received approval to list its common stock on the NASDAQ Capital Market.

(Logo: http://www.newscom.com/cgi-bin/prnh/20091012/CNM039LOGO )

China Yida expects to begin trading on the NASDAQ Capital Market with a new ticker symbol "CNYD" on Monday, December 7, 2009, until which time its shares will continue to trade on the Over-the-Counter Bulletin Board.

China XD Plastics Held Board Meeting to Discuss Business Strategies for 2010

Date Posted: 
Sunday, January 3, 2010 7:06pm

HARBIN, China, Jan. 4

HARBIN, China -- China XD Plastics Company Ltd. ("China XD Plastics" or the "Company"), (Nasdaq: CXDC), the largest Chinese manufacturer in the development, manufacture, and distribution of modified plastics primarily for use in the automotive applications in China, today announced that the Company held a board meeting to discuss business strategies for 2010 on .

During the year-end strategic meeting of the board, all the directors approved the following items.

China XD Plastics Company Limited Announces the Closing of $15.2 Million Private Placement

Date Posted: 
Thursday, December 3, 2009 7:05pm

HARBIN, China, Dec. 4, 2009 -- China XD Plastics Company Ltd. ("China XD Plastics" or the "Company"), (Nasdaq: CXDC), the largest Chinese developer, manufacturer, and distributor of modified plastics primarily for use in the automotive applications in China, today announced that it has successfully closed the private placement agreement to sell an aggregate 15,188 shares of convertible preferred stock, resulting in aggregate gross proceeds of approximately $15.2 million.

China XD Plastics listed on NASDAQ

Date Posted: 
Wednesday, December 2, 2009 7:05pm

HARBIN, Dec. 3, 2009 -- China XD Plastics Company Ltd. (NASDAQ:CXDC) , the largest Chinese manufacturer of modified plastics, went listed on the NASDAQ Market in New York late Thursday, Beijing time, the company said.

The new material producer, through its wholly owned subsidiary Harbin Xinda Macromolecule Material Co. Ltd in Heilongjiang Province, develops, manufactures and distributes modified plastics primarily for use in the automotive applications in China.

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