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BOY.V Investor Presentation November 2009
http://www.opportunitychina.com/PDF/Pres/Presentation-Boyuan.pdf
Some slides from the presentation:
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
Track BOY.V insider trades with this link:
http://canadianinsider.com/coReport/allTransactions.php?ticker=boy
This should be interesting to see watch as time goes by. ;)
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
NEWS
Boyuan signs new construction project contract valued US $17.5 million
Press Release Source: Boyuan Construction Group, Inc. On Thursday January 14, 2010, 7:00 am
- To build innovative, five-star hotel in Sanya -
TORONTO, Jan. 14 /CNW/ - Boyuan Construction Group, Inc. (TSX-V: BOY & BOY.DB), a fast-growing construction company in China of commercial, residential and municipal infrastructure projects, announced today that it has been awarded a contract valued at US $17.5 million to build a 20-storey, 74,000 square meter hotel in Sanya, an emerging tourist destination located on Hainan Island, China.
"With its strong demand for new hotels, condominiums, and housing projects as a result of its emergence as a popular vacation destination, Sanya is one of our core markets," said Mr. Cai Liang Shou, Chairman of Boyuan Construction Group. "Given its innovative design concept, the new hotel will become a showcase for our engineering and construction capabilities, furthering our reputation for building high-quality projects."
The hotel project is expected to be completed in early 2011.
About Boyuan Construction Group, Inc.
Based in Jiaxing City, China, Boyuan Construction Group, Inc. is in the business of commercial and residential building construction, municipal infrastructure and engineering projects. In its last four fiscal years ending June 30, 2009, Boyuan completed more than 125 projects for a number of private and public sector clients including Cargill and the Dalian Shide Group, a billion dollar conglomerate whose partners include DuPont, Mitsubishi and GE. Boyuan's current backlog includes commercial, residential, industrial and mixed-use developments, including a five-star hotel and a project at the Qingshan Nuclear Plant, China's first and largest nuclear facility. From its operating bases in Zhejiang Province and on Hainan Island, Boyuan focuses on construction projects in China's fast-growing regions of the Yangtze River Delta, the city of Sanya and Shandong Province.
You should do very well with that. ;)
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
Was fortunate to accumulate some sub-$3, hoping/bidding for some more : )
Insider buying for BOY ;)
Canadian Insider
http://canadianinsider.com/coReport/allTransactions.php?ticker=boy
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
BOY.V or TSX:BOY Investor Presentation November 2009
http://www.opportunitychina.com/PDF/Pres/Presentation-Boyuan.pdf
A slide from the presentation:
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
Boyuan signs new construction project contract valued at US $19 million
http://www.newswire.ca/en/releases/archive/January2010/07/c6843.html
PPS ended at 3.45 ;)
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
Another new high today....
http://cxa.marketwatch.com/tsx/en/market/quote.aspx?symbol=boy
Nice..
Volume has been very erratic....pps is going up so I guess we can't complain !
I do think as time goes on and they continue to grow the volume will pick up...last 10-q was great !
Good question, I've never followed any TSX / TSX.V stock in my life until this one. Seems to me its picked up some traction since the 10/q was released, slow and steady...
http://cxa.marketwatch.com/TSX/en/Market/pricehistory.aspx?symb=BOY&sid=3672794
BOY.V I'm wondering how long it takes them to pick up serious volume?
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
I sure understand being caught up elsewhere. ;)
Good morning/afternoon to you and everyone else.
KarinCA ;)
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
I like what I see. Just caught up in a few other big-board stocks. Will use those profits here in due time.
For further information
Contacts: Boyuan Construction Group, Inc.
Mr. Paul Law, CFO, +(852) 9329 5088, paullaw@zjboyuan.com.cn
The Equicom Group Inc.
Joe Racanelli, (416) 815-0700 ext. 243, jracanelli@equicomgroup.com
BOY.V ... I'll be absolutely delighted to see the day they uplist to TSX! ;)
GLTA...KarinCA ;)
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
I don't think its when / if
....I think its when, and I think its within 6 months.. time will tell
jmho
BOY.V...If they uplist to the TSX that should get more eyes on them. It will be interesting to see when/if this actually happens.
GLTA...KarinCA ;)
In Reply To 'Myth'
BOY.V...kuwlness...I don't have any info other than what's in the 10q. You'll find the following in the 10q if you take another look at it:
"While we expect our momentum to be impacted by seasonal factors, such as Chinese New Year celebrations, in the short term, we are very optimistic of our prospects over the longer term," Mr Shou said. "Our strong project backlog coupled with growing demand for our high margin technical and engineering services position us very well for 2010. Given our recent progress, we expect to generate adjusted after-tax net income of $12.4 million for FY2010 as specified in our make-good provision."
GLTA...KarinCA ;)
In Reply To 'kuwlness'
Does the board have any future earnings/revenue projections? Looking at taking a position after reading today's 10Q
I googled to find it. ;) That's usually much easier for me. Comes up in one step.
Thanks for giving the tmx site for those that don't have it. ;) You can find a lot of good information there.
GLTA...KarinCA ;)
In Reply To 'Myth'
whatever...maybe you could tell your readers how to access that one then ?
I'll do it....READERS !!
Go to the TSX website - http://www.tmx.com/
Put BOY in the quote block...hit enter
Click on latest co news...http://www.cnxmarketlink.com/en/releases/archive/November2009/30/c6121.html
BOY.V 10q for period ending Sept 30, 2009
http://www.newswire.ca/en/releases/archive/November2009/30/c6121.html
Boyuan reports FY 2010 first quarter financial results
- Grows revenue, improves margins and expands into new markets -
TORONTO, Nov. 30 /CNW/ - Boyuan Construction Group, Inc., a fast-growing construction company in China of commercial, residential and municipal infrastructure projects, reported its financial results for the three-month period ended September 30, 2009. All figures are in U.S. dollars unless otherwise stated.
Financial Highlights
-------------------------------------------------------------------------
Q1 2010 Q1 2009 Change
-------------------------------------------------------------------------
Revenue $35.0M $21.3M +64.5%
-------------------------------------------------------------------------
Gross profit $5.7M $3.1M +83.8%
-------------------------------------------------------------------------
Gross profit margins 16.2% 14.5% +2%
-------------------------------------------------------------------------
After-tax net income (loss) ($0.2M) $2.0M N/A
-------------------------------------------------------------------------
Adjusted net income(1) $3.0M $2.0M +48.7%
-------------------------------------------------------------------------
Adjusted earnings per share - diluted(2) $0.12 $0.08 +50.0%
-------------------------------------------------------------------------
(1) Adjusted net income is not a recognized measure under Canadian GAAP.
It excludes a stock-based compensation charge of $3.2 million related
to the fair value transfer of shares under the "make-good provision"
of a financing agreement signed in July, 2009. The Company believes
that adjusted net income is more representative of its performance as
the make good charge is a non-cash accounting charge and not related
to its business activities.
(2) Adjusted earnings per share is not a recognized measure under
Canadian GAAP. It is calculated by dividing the Company's adjusted
net income by the number of outstanding shares (diluted). Under
Canadian GAAP, the Company recorded a loss per share, basic and
diluted, of $0.04 for the three-month ended September 30, 2009.
"Consistent with our expectations, we grew our revenue, improved our margins and generated adjusted after-tax net income of more than $3.0 million," said Mr. Cai Liang Shou, Chairman of Boyuan Construction Group, Inc. "Our success is due to our focused execution of strategy, namely on-time and on-budget project completion, our cost-plus sales model and a growing reputation for the quality of our projects."
Operating Highlights
- Signed four new construction project agreements with an aggregate
value of $48.1 million.
- Completed a private placement generating gross proceeds of CDN $6.47
million.
- Expanded operations into Shandong and Jiangxi, two of China's fastest
growing regions.
- Appointed Dr. Fang Lixin, professor at the Guanghua Law School of
Zhejiang University, to the Company's Board of Directors.
Review of Financial Results
Revenue for the first quarter ended September 30, 2009 was $35.0 million, up 64.5% from $21.2 million for Q1 of FY2009. Revenue is recognized on the percentage-of-completion method. The significant year-over-year growth was primarily attributable to an increase in the number of successful project bids by the Company as well as an increase in demand for construction and engineering services in the Yangtze River Delta and Sanya regions, Boyuan's core markets. Higher demand for construction and engineering services is due to ongoing urban migration and an expansion of China's middle class, which drive the need for new housing, commercial and public infrastructure projects.
Cost of construction for the first quarter of FY2010 was $29.3 million compared to $18.2 million for Q1 of FY2009. The increase was primarily as a result of higher expenses associated with greater project volume and an expanded work force. Cost of sales includes all direct material, labor, subcontract and other related costs, such as equipment repairs.
Gross profit for the first quarter of FY2010 was $5.7 million, or 16.2% of revenue, compared to $3.1 million, or 14.5% of revenue, for the same period of FY2009. The growth was due to increased project volume and higher value of projects, particularly in the Sanya region.
Operating expenses for the first quarter of FY2010 were $1 million compared to $0.3 million for the first quarter of FY2009. The increase was primarily attributable to higher general and administrative expenses, which consisted of increased salaries given an expanded management team as well as to higher legal, audit, investor relations and other fees as a result of the Company becoming publicly listed.
Income tax expense for the first quarter of FY2010 was $1.3 million compared to $0.7 million for Q1 of FY2009. The increase was due to higher income earned.
Net loss for the first quarter of FY2010 was $0.2 million, or $0.04 per share diluted, compared to net income of $2.0 million for Q1 of FY2009, or $0.08 per share. The net loss was as a result of a non-cash stock-based compensation charge of $3.2 million related to the fair value transfer of shares under the make good provision of a financing agreement signed in July 2009. The charge is in full compliance with Canadian generally accepted accounting principles.
As specified by the Company's make-good provision of the July financing agreement, Boyuan forecasted an after-tax net income of $8.5 million for the fiscal year ended June 30, 2009. As a condition of the make-good provision, Boyuan's Chairman put 3.2 million shares in escrow and would have transferred 1.6 million shares to investors if the forecast target had not been met. As reported previously, the Company generated $9.6 million in adjusted after tax net income for FY 2009. As a result, 1.6 million shares previously held in escrow were returned to Chairman Shou during the quarter, resulting in a make good charge of $3.2 million.
Excluding the make-good provision charge, adjusted net income for the first quarter of FY2010 was $3.0 million or $0.12 per share diluted. The Company believes that adjusted net income is more representative of its profitability and performance since the make good charge is a non-cash accounting charge and not related to its business activities.
Cash, cash equivalents and restricted cast at September 30, 2009 were $1.9 million compared to $2.4 million at June 30, 2009.
Outlook
"While we expect our momentum to be impacted by seasonal factors, such as Chinese New Year celebrations, in the short term, we are very optimistic of our prospects over the longer term," Mr Shou said. "Our strong project backlog coupled with growing demand for our high margin technical and engineering services position us very well for 2010. Given our recent progress, we expect to generate adjusted after-tax net income of $12.4 million for FY2010 as specified in our make-good provision."
Boyuan's consolidated statements for quarter ended September 30, 2009 and related management's discussion and analysis (MD&A) will be filed with securities regulatory authorities within applicable timelines and will be available via SEDAR at www.sedar.com.
About Boyuan Construction Group, Inc.
Based in Jiaxing City, China, Boyuan Construction Group, Inc. is in the business of residential and commercial building construction, municipal infrastructure and engineering projects. In its last four fiscal years ending June 30, 2009, Boyuan completed more than 125 projects for a number of private and public sector clients including Cargill and the Dalian Shide Group, a billion dollar conglomerate whose partners include DuPont, Mitsubishi and GE. Boyuan's current backlog includes residential, industrial and mixed-use developments, including a five-star hotel and a project at the Qingshan Nuclear Plant, China's first and largest nuclear facility. From its operating bases in Zhejiang Province and on Hainan Island, Boyuan focuses on construction projects in China's fast-growing regions of the Yangtze River Delta, the city of Sanya and Shandong Province.
Caution Regarding Forward-Looking Information:
Certain information contained in this press release constitutes forward-looking information, which is information relating to future events or the Company's future performance and which is inherently uncertain. All information other than statements of historical fact may be forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "budget", "plan", "continue", "estimate", "expect", "forecast", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook. Forward-looking information contained in this press release includes, but is not limited to, the Company's expectations regarding the impact on its momentum by seasonal factors in the short term, the Company's expectations on its prospects over long term, the company's expectation of growing demand for our high margin technical and engineering services (and our projection of our FY2010 adjusted after-tax net income.) Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. The Company believes the expectations reflected in the forward-looking information are reasonable but no assurance can be given that these expectations will prove to be correct and readers are cautioned not to place undue reliance on forward-looking information contained in this press release. Some of the risks and other factors which could cause results to differ materially from those expressed in the forward-looking information contained in this press release include, but are not limited to: risk of macro-economy cycle, risk from competition, risk from insufficient marketing to secure new projects, risk in obtaining additional financing, risk involving permits and licences, reliance on key management member, risk from supply of raw materials, risk of financial leverage, risk of bad debts in accounts receivables, risk involved in real estate development, foreign exchange fluctuations, political and economic conditions in China and other risks included in the Company's MD&A for the fiscal year ended June 30, 2009 and in the Company's public disclosure documents filed with certain Canadian securities regulatory authorities and available at www.sedar.com. The forward-looking information contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as otherwise required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Boyuan Construction Group, Inc.
(formerly "SND Energy Ltd.")
Consolidated Balance Sheets
(Expressed in US Dollars)
(Unaudited) (Audited)
September 30, June 30,
2009 2009
$ $
Current Assets
Cash and cash equivalents 1,896,645 2,365,738
Restricted cash 5,127,810 3,101,189
Accounts receivable 4,182,715 4,447,059
Unbilled revenue 39,556,598 35,528,915
Other receivables 8,578,455 2,216,873
Inventory 28,035 658,150
Advances to suppliers and prepaid expenses 5,157,411 2,971,020
-------------------------------------------------------------------------
64,527,669 51,288,944
Deferred transaction costs - 55,222
Due from related parties - 113,010
Property and equipment 7,152,943 5,946,748
Land use rights 116,557 112,243
-------------------------------------------------------------------------
71,797,169 57,516,167
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Current Liabilities
Bank loans 14,250,504 12,926,776
Accounts payable and accrued liabilities 14,504,159 12,842,823
Income taxes payable 2,566,514 1,318,874
Deferred revenue 2,932,946 1,454,145
Automobile loans 128,844 118,292
Due to related parties - 22,839
Future income tax 202,000 202,000
-------------------------------------------------------------------------
34,584,967 28,885,749
Future income tax 585,970 573,000
Convertible debentures 5,518,910 1,880,200
-------------------------------------------------------------------------
40,989,847 31,338,949
-------------------------------------------------------------------------
Shareholders' Equity
Share capital 7,279,993 6,139,860
Contributed surplus 5,406,451 1,890,711
Reserve 1,928,732 1,928,732
Equity component of convertible debentures 372,783 137,295
-------------------------------------------------------------------------
14,987,959 10,096,598
-------------------------------------------------------------------------
Retained earnings 14,121,088 14,326,995
Accumulated other comprehensive income 1,698,275 1,753,625
-------------------------------------------------------------------------
15,819,363 16,080,620
-------------------------------------------------------------------------
30,807,322 26,177,218
-------------------------------------------------------------------------
71,797,169 57,516,167
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Boyuan Construction Group, Inc.
(formerly "SND Energy Ltd.")
Consolidated Statements of Income (Loss) and Comprehensive Income (Loss)
(Expressed in US Dollars)
(Unaudited)
Three Months Ended
September 30, September 30,
2009 2008
$ $
Construction revenue 35,003,807 21,271,159
Cost of construction 29,323,883 18,183,848
-------------------------------------------------------------------------
Gross profit 5,679,924 3,087,311
-------------------------------------------------------------------------
Expenses
Amortization of property and equipment 142,041 58,494
General and administrative expenses 814,142 212,886
-------------------------------------------------------------------------
956,183 271,380
-------------------------------------------------------------------------
Income from operations 4,723,741 2,815,931
-------------------------------------------------------------------------
Other Income (expense)
Interest and other income 138,935 3,021
Interest expense (564,781) (70,527)
Make good provision (3,243,192) -
-------------------------------------------------------------------------
(3,669,038) (67,506)
-------------------------------------------------------------------------
Net income before income taxes 1,054,703 2,748,425
Income taxes 1,260,610 705,322
-------------------------------------------------------------------------
Net income for the period (205,907) 2,043,103
Other Comprehensive Income (loss)
Unrealized gain (loss) on foreign exchange
translation (55,350) 41,688
-------------------------------------------------------------------------
Comprehensive income (loss) for the period (261,257) 2,084,791
-------------------------------------------------------------------------
-------------------------------------------------------------------------
For further information: Boyuan Construction Group, Inc., Mr. Paul Law, CFO, +(852) 9329 5088, paullaw@zjboyuan.com.cn; The Equicom Group Inc., Joe Racanelli, (416) 815-0700 ext. 243, jracanelli@equicomgroup.com
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
BOY.V...myth... Thanks for posting.
I like this format better:
http://www.newswire.ca/en/releases/archive/November2009/30/c6121.html
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
Real nice...good company with a great future imo..
Wow, .12 EPS for Q1 '10 ... nice!
But, no trades. lol... I wonder when this one comes alive?
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
Seem to be holding at $3.18
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
BOY.V...Bluefish...a chart from stockcharts.com is in the ibox now. I finally had time to put it in. ;)
GLTA...KarinCA ;)
In Reply To 'Bluefish':
***How do you get a quote on BOY on Stock Charts?***
I've decided it's best to not even try to make sense out of nonsense. ;)
BOY...Good morning/evening all...I could use a bit of help on something...anyone have the time to request a new ticker of stockcharts for me? If so, please go to:
http://stockcharts.com/help/doku.php?id=support:feedback:symbol_request
I need BOY added...it's on the tsx venture exchange. Company name Boyuan Construction Group, Inc. (BOY-V)
TIA
The quote box under the ibox appears to be correct also.
GLTA...KarinCA ;)
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
Can't, not in the system yet...you need to go the the tsx..
if you have time, go over and request it...the more the better
How do you get a quote on BOY on Stock Charts?
BOY looking good today, back to 52 wk high... slow and steady..
Boyuan Construction Group Inc. (BOY-V)
Last: Change: Volume: 10:40 AM ET
3.040 +0.190 (6.67%) 2,750 November 11, 2009
Create Alert Add to Portfolio List of Exchange Identification Letters
QuoteChartingNewsCompany InformationFinancialsPrice HistoryOptions
Detailed Quote
Open: 3.000 Yield: N/A
High: 3.040 EPS: 0.450
Low: 3.000 P/E Ratio: 6.756
Bid Price: 2.800 Ex Date: N/A
Bid Size: 9 Dividend: N/A
Ask Price: 3.040 52 Week High: 3.040
(11/6/2009)
Ask Size: 58 52 Week Low: 1.250
(4/1/2009)
Avg Volume: 5,000 Net Shares Out: 11.419 million
Float Quoted Market Value: 34.714 million
BOY - Shareholders meeting 11/27/09.....I'd like to hear their plans on uplisting to the TSX...
To: All Canadian Securities Regulatory Authorities
Subject: BOYUAN CONSTRUCTION GROUP, INC.
Dear Sirs: We advise of the following with respect to the upcoming Meeting of Security Holders for the subject Issuer:
Meeting Type :
Annual General and Special Meeting
Record Date for Notice of Meeting :
13/10/2009
Record Date for Voting (if applicable) :
13/10/2009
Meeting Date :
27/11/2009
Meeting Location (if available) :
Toronto, ON
Voting Security Details:
Description
CUSIP Number
ISIN
COMMON
10363P104
CA10363P1045
Sincerely, Computershare Trust Company of Canada / Computershare Investor Services Inc. Agent for
BOY...lumik1...It will be interesting to watch as this one wakes up. ;) In the meantime, I'm just glad SIVC holds shares in it. ;)
GLTA...KarinCA ;)
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
BOY...KarinCA...
oh
BOY...Myth...
It takes days to get these charts up and the more that request it, the sooner it gets up. That is why I asked for it twice.
In Reply To 'Myth'
***Yeah, I just checked, but I don't see where it says you need more than one request...
They notify by e-mail when its added..***
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
Yeah, I just checked, but I don't see where it says you need more than one request...
They notify by e-mail when its added..
BOY...Myth...Yes, they cover Canadian exchanges.
From stockcharts.com:
"We cover Canadian stocks on the TSX and CDNX exchanges."
It's just a matter of enough people requesting this chart to get it.
Thanks for requesting it.
GLTA...KarinCA ;)
In Reply To 'Myth'
***Good morning, I added it the same day you asked, along with 4 others...it only takes a minute, I'm wondering if they do tsx-v ?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42971623
***
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
Good morning, I added it the same day you asked, along with 4 others...it only takes a minute, I'm wondering if they do tsx-v ?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42971623
BOY...Good morning/evening all...I could use a bit of help on something...anyone have the time to request a new ticker of stockcharts for me? If so, please go to:
http://stockcharts.com/help/doku.php?id=support:feedback:symbol_request
I need BOY added...it's on the tsx venture exchange. Company name Boyuan Construction Group, Inc. (BOY-V)
TIA
GLTA...KarinCA ;)
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
BOY-V is looking pretty good once you look at their financials. The only reason their pps is still low is due to being under the radar having only recently merged into the Canadian exchange. It will be fun to watch with a bit of time. ;)
GLTA...KarinCA ;)
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
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Boyuan Construction Group, Inc. (TSE:BOY or BOY-TO)
Company Information:
Boyuan Construction Group
Boyuan Building, No. 6
East Road, Jiaxing Port
Zhejiang 314201
Phone: 8657385581278
Fax: 8657385580288
Based in Jiaxing City, China, Boyuan Construction Group, Inc. is in the business of residential and commercial building construction, municipal infrastructure and engineering projects. In its last three fiscal years ending June 30, 2008, Boyuan completed more than 120 projects for a number of private and public sector clients including Cargill and the Dalian Shide Group, a billion dollar conglomerate whose partners include DuPont, Mitsubishi and GE. Boyuan's current backlog includes residential, industrial and mixed-use developments, including a five-star hotel and a project at the Qingshan Nuclear Plant, China's first and largest nuclear facility. From its operating bases in Zhejiang Province and on Hainan Island, Boyuan focuses on construction projects in China's fast-growing regions of the Yangtze River Delta and the city of Sanya.
•Boyuan is the first pure-play construction company listed in North America
•Focused on fast-growing Yangtze River Delta, City of Sanya, and the Shandong province
•Success driven by history of quality projects delivered on time and budget
•Introduced unique make good provision to investment landscape
Management:
Boyuan has an experienced management team with extensive construction expertise and key industry and government relationships.
Mr. Cai Liang Shou, Founder and Chairman. Mr. Shou graduated from Zhejiang University of Technology, specializing in Road and Bridges. Mr. Shou is a Senior Engineer with more than 20 years of real estate project management experience. Mr. Shou and his family own approximately 55% of Boyuan's share capital.
Paul Law, MBA, CA, Chief Financial Officer, Mr. Law is responsible for all of Boyuan's financial activities, including accounting, reporting and financing. Mr. Law brings more than 20 years of audit, banking and corporate finance experience to Boyuan, and has previously worked with Brainlink Investments International Ltd., Prudential-Bache Securities HK Ltd, National Australia Bank, and PriceWaterhouseCoopers. Mr. Law received his bachelors degree from McGill University, an MBA (Finance) from UBC in 1985, and is a member of the Institute of Chartered Accountants of British Columbia, receiving his CA designation in 1987.
Mr. Qian Feng, Executive Vice General Manager. Mr. Feng holds the title of Senior Engineer. He is a graduate of Chongqing University, majoring in Industrial and Civil Construction. Mr. Feng has more than 25 years of engineering, project management and project execution experience. He joined Boyuan Construction Group in August 2006.
Mr. Wang Hao, Vice President. Mr. Hao has over 11 years of finance and management experience. He majored in Finance and graduated from Dongbei University of Finance and Economics. He has participated in a number of overseas financings and negotiated the preparation for an IPO of a previous employer in the U.S. stock markets.
Ms. Ren Shu, Corporate Secretary. Ms. Ren Shu has a Bachelors degree in English and a Masters degree in Law from the Law School of Zhejiang University. She acquired the title of Junior Translator in 1997 and the Chinese Lawyer qualification in 2000.
-----------------------------------------------------------
Most Recent News Releases for Boyuan Construction Group Inc.:
http://tmx.quotemedia.com/news.php?qm_symbol=BOY
and http://micro.newswire.ca/66520-0.html
March 1, 2010 Boyuan reports FY 2010 second quarter financial results
February 22, 2010 China Infrastructure Construction Corporation Appoints New Independent Members to Board of Directors; Qualifies Under Rules of Nasdaq Stock Market
February 9, 2010 S3 Investment Company Comments on Additional Contracts Valued at Over $57 Million Announced by Redwood Capital Client
February 4, 2010 Boyuan awarded contract valued at US $18.1 million
January 26, 2010 {C}Boyuan signs new construction project contract in China's Shandong Province valued at US $22 million
January 14, 2010 Boyuan signs new construction project contract valued US $17.5 million
January 7, 2010 Boyuan signs new construction project contract valued at US $19 million
November 30, 2009 Boyuan reports FY 2010 first quarter financial results
October 28, 2009 Boyuan grants stock options
October 26, 2009 Boyuan reports record results for fiscal 2009
October 22, 2009 Boyuan to host fourth quarter and year end conference call Tuesday, October 27, 2009 at 9:00 a.m. (ET)
September 21, 2009 Boyuan provides update
Links of importance for those that trade Canadian stocks:
Sedar http://www.sedar.com/homepage_en.htm
TMX. http://www.tmx.com/
TMXmoney http://www.tmxmoney.com/en/index.html
CNW Group Newswire http://www.cnxmarketlink.com/en/index.cgi
Canadian Insider http://canadianinsider.com/coReport/allTransactions.php?ticker=boy
Currency Converter: http://www.bankofcanada.ca/en/rates/converter.html
Financials:
Company website: http://www.boyuangroup.com/pages/155/financial-reports
Sedar: http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00026251
BOY Investor Presentation
http://www.boyuangroup.com/usercontent/pdf/Boyuan%20Investor%20Presentation%202011.pdf
CHART is for Canadian ticker. Remember to adjust for exchange rate.
Quote information: http://cxa.marketwatch.com/TSX/en/Market/quote.aspx?symb=BOY&sid=3672794
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