Jade Art Group, Inc. (JADG.OB) Announces the Formation of a New Subsidiary
Jade Art Group, Inc (JADG.OB) a leading manufacturer of both hand carved and machine carved wood products in China, announced the formation of a new subsidiary. This subsidiary will be titled 'Jiangxi SheTai Jade Industrial Company, Ltd' and will be nicknamed JST. JST's business will involve the processing and sale of jade and jade-carved artwork. The subsidiary will be located in Jiangxi Yujiang, China, a major collection and distribution center for such products. By forming JST, Jade Art Group expects to benefit from the strong demand for traditional jade jewelry and artwork in China. Hua-Cai Song, CEO of Jade Art…