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Last Post: 8/9/2016 9:33:09 AM - Followers: 2 - Board type: Free - Posts Today: 0
Harbin Hongbo Environment Protection Material, Inc.

Hongbo was organized late in 2004, when Su Yu contributed to it a patent for technology that enables construction materials to be developed from waste products. Hongbo has subsequently added eleven patents, some for products and some for production techniques. Its progress toward a significant place in the construction materials industry has been recognized by both the Chinese government, which awarded Su Yu the “Gold Medal for Industrial Innovation Contribution,” and by the industry itself, as demonstrated by the Gold Medal awarded to Hongbo at the Hong Kong International New Technology and Product Exposition.

Hongbo’s business is the development and production of products utilizing SF synthetic material. SF material is a composite of waste plastic and coal ash. We currently obtain the waste plastic from six recycling facilities in Harbin and we obtain the coal ash from the Harbin Power Station. Hongbo removes these two burdens from the environment and transforms them into a highly variable construction material. In the process, we produce no pollution, and incur insignificant expenses relating to compliance with environmental regulations.

Our factory has now been developed to the point where we are capable of producing 1,430 tons of SF materials per year. Full production, therefore, would yield annual revenues of approximately $900,000, based on our present quoted price of $625 per ton. At the present time, however, we have no backlog of orders. We are actively engaged in negotiations with a number of large construction companies located near our plant in Harbin, China. But we do not anticipate that full utilization of our facility will occur until May 2007. Until then, we will be focused on completing the build-out of our factory and organizing our marketing program.

When full production does commence, we anticipate that a number of factors will help us to achieve profitability:

The cost of our raw materials, relative to the resale price of our product, is modest. We currently pay $50 to $62 per ton to have waste plastic separated from other trash for us, and we obtain coal ask free-of-charge. We pay less than $3 per ton to have the waste products transported to our plant. So the efficiency of our plant operations will the primary factor in determining our gross profit.

Because of our low cost of production, our SF materials will be sold at prices substantially below the prices of the products they replace. For example, our quoted price for SF material is now less than 50% of the prevailing price of PVC. This disparity should give us flexibility to increase prices without significantly hindering sales, if our initial operations prove unprofitable.

Our operations are looked on with favour by the Chinese government, which has become very conscious of the need to improve the environmental condition of China. One result of the government’s support for us has been a five year exemption from income tax.

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#30   CAON SEC Suspension for Financials / Filings delinquencies: Renee 08/09/16 09:33:09 AM
#29   Once again, the chang-er shows volume..... richrichrich 03/03/15 06:12:53 PM
#28   Good question.... richrichrich 03/09/14 08:37:55 PM
#27   How in the world does this shoot up Lioninthefield 03/09/14 07:53:49 PM
#26   The Chang-er springs back to life, with a richrichrich 03/08/14 07:42:29 AM
#25   CAON, 0.009x1.50? AOuvier 06/13/13 01:07:51 PM
#24   Looks like it wants to do something Wayne R 03/19/13 02:46:33 PM
#23   CAON ????? Penny2Paper 03/19/13 02:44:29 PM
#22   WOW OTCMARKETS SHOWS http://www.charter.com/ as the company Whatamithinking 08/09/12 09:16:38 AM
#21   Keeping a close eye on this! Whatamithinking 08/09/12 09:10:27 AM
#20   I wonder if they drop some type of Whatamithinking 08/09/12 09:10:08 AM
#19   So he picks up 30% of the company Whatamithinking 08/09/12 09:09:27 AM
#18   NEW 8k LOOKS DECENT!! Whatamithinking 08/09/12 08:56:19 AM
#17   01 tapped THUMBS 02/10/12 10:08:39 AM
#16   another chip 0095 THUMBS 02/09/12 01:37:01 PM
#15   0095 chirp 200% lol THUMBS 02/09/12 01:11:39 PM
#14   67,307,366 common shares issued and outstanding as of THUMBS 01/19/12 01:12:26 PM
#13   Yo anyone here? THUMBS 01/19/12 01:11:23 PM
#12   UTS 002x02 lol last 005 THUMBS 01/17/12 01:49:01 PM
#11   whos loading? THUMBS 01/17/12 01:48:41 PM
#10   volume.... THUMBS 01/10/12 12:05:29 PM
#9   Good news!! where's the party? standintall 10/24/08 12:02:47 PM
#8   ABSOLUTELY. LaStockSwami 10/22/08 01:07:40 PM
#7   Agreed, this company is too good to hide standintall 10/22/08 11:51:36 AM
#6   Standin, I hear crickets here. We have LaStockSwami 10/21/08 10:03:13 PM
#5   I saw this too. Good stuff. This company standintall 10/21/08 10:05:17 AM
#4   Spoke to the company US representative and found LaStockSwami 10/17/08 12:57:36 AM
#3   Look what I found: http://serious-speculator.com/blog/ LaStockSwami 10/16/08 01:11:50 PM
#2   Chang On comes to the US with new LaStockSwami 10/16/08 01:00:01 AM
#1   Chang On International, new company....Gold Standard? was LaStockSwami 10/16/08 12:59:13 AM
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