On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

ChineseInvestors.com, Inc. (CIIX) Enters Agreement with Tmall, Reports Impressive Financial Numbers

  • ChineseInvestors.com reports a total year-over-year revenue increase of 70 percent for the first fiscal quarter of 2019
  • The company’s current assets have nearly doubled, and its share price touched $0.90 per share as of October 17, 2018
  • The agreement entered between CBD Biotechnology Co. Ltd. and Tmall is likely to boost industrial hemp CBD sales
  • With products on Tmall, CBD Biotechnology Co. Ltd is positioned to cash in on Double 11 and Double 12 shopping festivals

ChineseInvestors.com, Inc. (OTCQB: CIIX) recorded impressive first quarter financial results for its fiscal year 2019. Its total revenue, comprising product sales revenue and subscription revenue, is on the uptrend.

According to Chief Executive Officer Warren Wang, cannabidiol (CBD) hemp sales in China are a major contributor to the growth in the product revenue. On the subscription services front, the company recorded a revenue increase of close to 100 percent. The steady revenues are expected to continue, buoyed by the company’s newly-introduced cryptocurrency market educational services.

In terms of liquidity, the company reported a two-fold increase in cash and cash equivalents from $1.4 million to $3 million. This pushed up the company’s total current assets to $5.5 million. On the equity side, the closing market value of common stock as of October 17, 2018, was $0.90 per share.

The outlook according to Wang is positive, thanks to the evolving business, regulatory and political landscapes of the Chinese industrial hemp CBD market. The company plans to increase its product distribution in both the U.S. and Chinese markets.

To widen the distribution network for its industrial hemp CBD products, ChineseInvestors.com, through subsidiary CBD Biotechnology Co. Ltd., signed an agreement with Alibaba Group’s Tmall. This will see the subsidiary leverage Tmall’s e-commerce marketplace to reach a wider market.

Alibaba Group (NYSE: BABA) has a total of 500 million registered customers across Tmall and Taobao. By listing its CBD skincare products on the Tmall platform, CBD Biotechnology Co. Ltd. will automatically expand its footprint.

The move comes at just the right time to take advantage of Double 11 and Double 12 shopping festivals, which take place between November and December. During this period, China records the highest volume of sales through online retailers. In 2017, the Double 11 shopping festival recorded a hopping 168.2 billion RMB ($24.2 billion) in sales in a single day.

While CBD Biotechnology Co. Ltd. isn’t the only company that produces and markets CBD skincare products in the Chinese market, it is the first to enter Tmall. The main target market for the CBD skincare products is the cosmetics industry, which is coming up strongly in China.

To further boost sales and strengthen its brand influence, the company plans to spend 2.5 million RMB ($360,000) in advertising and online marketing. This will cover all of its CBD skincare product lines.

Tmall is regarded highly as an e-commerce platform, and hundreds of companies are always applying to be authorized. Therefore, CBD Biotechnology Co. Ltd. considers itself successful for getting this opportunity. The company’s projections for total sales from October 2018 to September 2019 is 12 million RMB ($1.7 million).

ChineseInvestors.com is a financial news media platform, with headquarters in San Gabriel, California, catering to the Chinese-speaking community, not just in China, but in the United States, Canada and other parts of the world. Leveraging the platform, the company is regularly introducing other products and services such as industrial hemp CBD that are of benefit to its target market. It is also the first publicly traded company in the United States that promotes hemp-derived CBD products for the Chinese market.

For more information, visit the company’s website at www.ChineseInvestors.com

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Archives

Select A Month
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • September 2009
  • August 2009
  • July 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • February 2009
  • January 2009
  • December 2008
  • November 2008
  • October 2008
  • September 2008
  • August 2008
  • July 2008
  • June 2008
  • May 2008
  • April 2008
  • March 2008
  • February 2008
  • January 2008
  • December 2007
  • November 2007
  • October 2007
  • September 2007
  • August 2007
  • July 2007
  • June 2007
  • May 2007
  • April 2007
  • March 2007
  • February 2007
  • January 2007
  • December 2006
  • November 2006
  • October 2006
  • September 2006
  • August 2006
  • July 2006
  • June 2006
  • May 2006
  • April 2006
  • March 2006
  • January 2006
  • December 2005
  • October 2005
  • September 2005
  • Market Basics

    New to the micro-cap markets?Get answers to your questions about investing in Small-Cap / Micro-Cap Stocks and learn how to protect yourself.

    The Basics

    Newsletter Publishers

    Have an up and coming newsletter and want to be included in our coverage list? Looking to get more coverage and grow subscriptions? Register for coverage.

    Register

    Public Companies

    Are you a Small-Cap / Micro-Cap company looking for coverage? We'd love to hear from you. Fill out our quick contact form or send us a text.

    Get Covered