SHENZHEN, China, June 27, 2012 /PRNewswire-Asia/ -- Uni Core Holdings Corporation (OTC Bulletin Board: "UCHC"), a Hong Kong based holding company, announced today that the Autumn corn-base fertilizer selling project work of five direct sales stores (the Zu'An, Lao Dian, Da Wang, Jiang Cun and Zhong Nan stores in the Hu and Zhouzhi Counties of Shaanxi Province) of Prosperous Agriculture Company Limited ("Prosperous Agriculture"), one of UCHC's subsidiaries, has been successfully completed up to the middle of June, achieving a total sales volume of 965 tons and around RMB3 million of sales turnover this quarter. The result highlights the advantage of the direct sales chain system, which sets a solid foundation for the next half year.
Prosperous Agriculture's outstanding sales results reflect its leading position in the market. The "One-Stop-Shop" procurement model shortens the number of steps in the process between manufacturers and farmers, allowing the farmers to enjoy a shopping experience based on effective pricing, authentic products and personalized service. The leading position of Prosperous Agriculture in the local market, the recognition of farmers and the advancement and innovation of its business model highlight the distinct dominance of the direct sales chain system and improves its competitiveness in the market.
Mr. Wu, manager of Prosperous Agriculture, said, "The essence of selling focuses on the work before making the sale; pre-sale promotion and publicity building represent 70% of the job; therefore, solid and serious planning and execution of pre-sale promotion is the most important task of the entire selling job. The first half year sales result of this year reflects the full market acceptance of the agricultural resources direct sales chain model."
About Uni Core Holdings Corporation (UCHC.OB)
Uni Core through its subsidiaries develops, manufactures and distributes environmental friendly paper and agricultural products based upon its proprietary technology and supply chains. The Company was founded in 1998 and is headquartered in Hong Kong.
APT Paper Group, a wholly owned subsidiary, headquartered in Shenzhen, Guangdong, China, was founded in November 1993. UCHC acquired 100% of APT in June 2010. Based upon proprietary technology, production, marketing and global supply chains, APT is one of the leaders of the modern environmentally friendly packing and honeycomb paper products industry in China. APT's products are produced from recycled materials and are recyclable. APT's products include honeycomb paper pallets, honeycomb paper panels, honeycomb paper cartons, honeycomb paper coffins, honeycomb paper cushions, paper slip-sheets, paper corner protectors and corrugated paper products. APT holds patents throughout the world on many of its products. Some of APT's customers include Wal-Mart, Costco, Sam's Club, Sony, Nokia, DHL, Haier, Hisense, among others.
Prosperous Agriculture, 51% of which is owned by UCHC, is headquartered in Xi'an, Shaanxi Province, China. Prosperous Agriculture manufactures and distributes agricultural brands and has also established a national agricultural resources chain direct sales platform through the opening and acquiring of agricultural resources direct sales outlets and dealers, and by working with well-known manufacturers of agricultural products. Prosperous Agriculture integrated more than 2,000 agricultural resources.
Safe Harbor Statement:
Except for statements of historical fact, this document contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of the Company's products. Such forward-looking statements are based on present circumstances and on the Company's predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward-looking statements. Such factors include the Company's ability to raise capital to engage in operations, general economic and business conditions, the ability to successfully develop and market products, consumer and business consumption habits, the ability to fund operations and other factors that the Company has little or no control. Such forward-looking statements are made only as of the date of this release and the Company assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. Risks, uncertainties and other factors are discussed in documents filed from time to time by the Company with the Securities and Exchange Commission.
For more information, please contact:
Mr. Zhou Caiyi
Tel: +852-2827-6898
Fax: +852-2827-6989
Email: ir@unicoreholdings.com
Web: http://www.unicoreholdings.com
