Prosperous Agriculture Opens two Direct Sales Outlets in Shaanxi in July
HONG KONG, July 21, 2011 /PRNewswire-Asia/ -- Uni Core Holdings Corporation (OTC Bulletin Board: UCHC), an aggressive 'company doctor' and 'incubator' of mid- to large-size companies in China, introduces that, one of its incubated companies, Shaanxi Prosperous Agriculture Limited Company ("Prosperous Agriculture"), opened two agricultural resources direct sales outlets in the Da Wang Town and ZuAn Town of the Hu County, Shaanxi Province, on July 3 and 6, respectively. Together with the outlet opened in the Lao Town in May, these three direct sales outlets have covered the surrounding towns of the Hu County in the Shaanxi Province, ranking top sales in the area. It is expected that the three direct sales outlets will achieve sales turnover of around RMB8 million (approx. US$1.2 million) and a profit of around RMB1.6 million (approx. US$240,000) this year.
Mr. Wang Fei, General Manager of Prosperous Agriculture, said: "Preparations are under way now for opening direct sales outlets in other areas. Prosperous Agriculture will achieve its goal of opening 100 direct sales outlets in Shaanxi and the surrounding areas, and meeting the sales target of RMB200 million (approx. US$31 million) in a year.
Safe Harbor Statement
This press release contains forward-looking statements that involve risks, uncertainties and assumptions that, if they never materialize or if they prove incorrect, could cause the Company's results to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any projections of earnings, revenue, or other financial items, any statements of the plans, strategies, and objectives of management for future operations, any statements concerning proposed new products, services or developments, any statements regarding future economic conditions or performance, statements of belief and any statements of assumptions underlying any of the foregoing. These statements are based on expectations as of the date of this press release. Actual results may differ materially from those projected because of a number of risks and uncertainties, including those detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. The Company assumes no obligations and does not intend to update these forward-looking statements.
For more information, please contact: |
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Mr. Zhou Caiyi |
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Tel: +852-2827-6898 |
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Fax: +852-2827-6989 |
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Email: [email protected] |
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Web: http://www.unicoreholdings.com |
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SOURCE Uni Core Holdings Corporation
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