Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
$CHSN News: Chanson International Holding Announces a Collaboration under Coffee Brand Soul * Song in Xinjiang, China
URUMQI, China, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Chanson International Holding (Nasdaq: CHSN) (the “Company” or “Chanson”), a provider of bakery, seasonal, and beverage products through its chain stores in China and the United States, today announces a collaboration with a leading hotel and restaurant management enterprise in Yili, Xinjiang, China, Xinjiang Hengtai Investment Co., Ltd. (“Xinjiang Hengtai”) to expand its coffee brand, Soul * Song, through a franchise operation model in Yili. This milestone marks significant progress in the development of Chanson’s Soul * Song brand, further deepening its market presence and extending its brand influence in the Xinjiang region.
In July 2024, the Company celebrated the grand opening of a Soul * Song café in partnership with Xinjiang Hengtai at the scenic Nalati National Tourist Resort in Yili, Xinjiang, China. Soul ? Song’s innovative "blend bean concept" highlights the art of blending, offering diverse flavors to suit every customer's unique taste. The café quickly became a must-visit destination within the resort, breaking the Company's single-day coffee-related sales record by achieving daily sales of RMB 30,000 on both August 8 and August 15, 2024. This marks Chanson's first attempt in adopting a franchise model, partnering with a distinguished local enterprise for mutual growth and success. Building on its growing influence in the Yili region, the Company plans to open five additional Soul ? Song cafés under the franchise model by 2025.
Mr. Gang Li, Chairman of the Board of Directors and Chief Executive Officer of Chanson, commented, “The introduction of the franchise model is a key milestone in the growth of our Soul * Song brand, and underscoring a commitment to enhancing our marketing strategy and brand visibility. After thorough investigation and analysis, we selected the picturesque and culturally rich 5A-level tourist resort in Nalati as the ideal location to showcase our brand’s uniqueness and positioning within a high-quality consumption environment. 5A-level tourist resort is the highest rating by government, awarded to China’s most important and well-maintained tourist attractions. Our goal is to provide consumers with an unprecedented experience that combines food and cultural elements. We believe that this franchise model will foster sustainable growth for Chanson while contributing to the vitality of Xinjiang’s local tourism economy.”
About Chanson International Holding
Founded in 2009, Chanson International Holding is a provider of bakery, seasonal, and beverage products through its chain stores in China and the United States. Headquartered in Urumqi, China, Chanson directly operates stores in Xinjiang, China and New York, United States. Chanson currently manages stores in China and in New York City while selling on digital platforms and third-party online food ordering platforms. Chanson offers not only packaged bakery products but also made-in-store pastries and eat-in services, serving freshly prepared bakery products and extensive beverage products. Chanson aims to make healthy, nutritious, and ready-to-eat food through advanced facilities based on in-depth industry research, while creating a comfortable and distinguishable store environment for customers. Chanson's dedicated and highly-experienced product development teams constantly create new products that reflect market trends to meet customer demand. For more information, please visit the Company's website: http://ir.chanson-international.net/.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission.
For investor and media inquiries, please contact:
Chanson International Holding
Investor Relations Department
Email: IR@chansoninternational.com
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
$PWM: Prestige Wealth Inc. Announces Acquisition of Tokyo Bay
HONG KONG, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Prestige Wealth Inc. (NASDAQ: PWM) (“PWM”, or the “Company”), a wealth management and asset management services provider based in Hong Kong, today announced that, on November 12, 2024, it entered into a definitive acquisition agreement pursuant to which PWM will purchase all shares of Tokyo Bay Management Inc. (“Tokyo Bay”), a company incorporated under the laws of the British Virgin Islands. The total purchase price is US$1,500,000, subject to customary closing purchase price adjustments, in the form of 2,500,000 newly issued Class B ordinary shares of the Company at a price per Class B ordinary share of US$0.60 to the seller and key employees of Tokyo Bay. The Company will also grant warrants to purchase 1,875,000 Class A ordinary shares of the Company at an exercise price per share equal to US$0.72 to the seller parties. The warrants will become exercisable on the six-month anniversary of the issuance date and will expire on the fifth anniversary from the date on which they become exercisable. In addition, key employees will be retained and continue to be employed by Tokyo Bay after closing of the transaction. The acquisition agreement also includes a third-year period non-competition and non-solicitation covenants from the seller parties. Upon consummation of the acquisition of Tokyo Bay, that certain business development & marketing agreement by and between PWM and Tokyo Bay dated as of June 24, 2024 will be terminated. The acquisition of Tokyo Bay is expected to close in the fourth quarter of 2024 and will enhance PWM’s strategy and development in Asia wealth management industry.
About Prestige Wealth Inc.
Prestige Wealth Inc. is a wealth management and asset management services provider based in Hong Kong, assisting its clients in identifying and purchasing well-matched wealth management products and global asset management products. With a focus on quality service, the Company has retained a loyal customer base consisting of high-net-worth and ultra-high-net-worth clients in Asia. Through the Company’s wealth management service, it introduces clients to customized wealth management products and provides them with tailored value-added services. The Company provides asset management services via investment funds that it manages and also provides discretionary account management services and asset management-related advisory services to clients. For more information, please visit the Company’s website: http://ir.prestigewm.hk.
About Tokyo Bay
Tokyo Bay is a company based in Tokyo, Japan. Founded by experienced professionals, the Tokyo Bay team has accumulated extensive premium client resources and local market knowledge over the past years, providing wealth management services, family affairs services, lifestyle management services and related value-added services to high-net-worth clients in Japan.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions in this press release. They include statements about the Company’s plans for the business of InnoSphere Tech and Tokyo Bay; anticipated financial and other results from the acquisition of InnoSphere Tech and Tokyo Bay and its integration into PWM; expectations regarding revenue and cost synergies resulting from the acquisition; discussion of other strategic initiatives and related actions; and beliefs, expectations, intentions and strategies, among other things. Forward-looking statements are based on management's current beliefs, expectations and assumptions, and involve a number of known and unknown risks and uncertainties, many of which are out of PWM’s control.
The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with U.S. Securities and Exchange Commission.
https://www.globenewswire.com/newsroom/ti?nf=OTI3MjExNiM2NTc4Mjk4IzIyNTQzNjg=
https://ml.globenewswire.com/media/M2Y4ZDE3ODUtOGMyYy00MDBmLWIzZGItNWE1YTBiMDcyNjBmLTEyNjU5MTc=/tiny/Prestige-Wealth-Inc-.png
For more information, please contact:
Prestige Wealth Inc.
Investor Relations Department
Email: ir@prestigefh.com
Source: Prestige Wealth Inc.
$XELA looks promising next few day's, hopefully!
Thank you, fitz! Getting decimated in the market this year but a break sounds like a good idea.
That sounds awesome I've been focusing on IT work its been a blast.
Oooh thats awesome! The fam and I are looking at houses in Wilmington area (along with Dewey Beach and DC)
Doing good, Not real active in the market.
Trying to get alot done on houses and vehicles.
Looking to buy a winter house NC or Alabama.
Cheep on taxes.
Hope all is well with you and yours!
Happy new year, fitz! Hope you're doing well!
MMMB - If it holds $3.00 or above the next 4 days it will be uplisted. Otherwise if if holds above $2.00 by June 28th it will be uplisted. This is by the CEO as of the earnings press release today. It hit a new 52 week high today of $3.35. These guys are the real deal with alot in play over this summer.
Family life's been crazy, professional life has been good, trading has been my best streak yet between crypto and pink sheets. $TGGI taking off today, made a killing on $RGBP $OZSC and a few others. Hope all is well with you and your family, fitz! :)
Great call, $MMEDF
I'll check it out, Thanks
Hope you’re doing good with those. I was in Doge... MindMed is going to go parabolic.
Hey Buddy, Long time. Hope all is well!
Good evening, Thanks.
I have been tied up for a while.
I'm in $TMBR * $ACVA * $DOGECOIN
$TMGI Pink Current
$TGGI Pink Current soon
-----------------------
$MARA Crypto
$SOS Crypto
$MSTR Crypto (earnings late april)
$SPRT Crypto
After a 75% drop i bought @ 2.12 $CRBP. On its way up now.
Nice Dip and Rip play!
CDEV
Centennial Resource Deve
0.67 -0.85 -56.11% 33,753,778
PDCE
Pdc Energy
7.00 -7.10 -50.35% 7,483,817
SNDE
Sundance Energy
3.84 -3.77 -49.54% 46,209
PVAC
Penn Virginia
5.55 -5.34 -49.04% 1,091,759
OAS
Oasis Petroleum
0.45 -0.41 -47.67% 73,728,408
PTEN
Patterson Uti Energy
2.30 -2.00 -46.51% 14,142,975
GPRE
Green Plains
5.77 -4.38 -43.15% 2,401,639
OMP
Oasis Midstream Partners
5.69 -4.19 -42.41% 697,770
OVV
Ovintiv
2.71 -5.23 -65.87% 38,483,904
MTDR
Matador Resources
2.68 -3.87 -59.08% 30,232,498
SM
Sm Energy
1.57 -2.25 -58.90% 31,836,893
CPE
Callon Petroleum
0.55 -0.75 -57.78% 96,870,376
QEP
Qep Resources
0.62 -0.82 -56.88% 27,921,754
FET
Forum Energy Technologie
0.24 -0.31 -56.38% 1,793,029
SLCA
Silica
1.55 -1.73 -52.74% 7,058,831
MRC
Mrc Global
3.65 -3.94 -51.91% 2,667,165
WES
Western Midstream Partne
5.41 -5.65 -51.08% 7,962,530
TRGP
Targa Resources
13.69 -14.17 -50.86% 14,852,784
$RWLK 0.82 Onward and upward!
USA Stock Market | Dow Jones live chart
USA STOCK Market is the largest Stock market in the World. Since the US economy is the largest economy in the world, therefore the capitalisation of the US Stock Market is also the largest in the world. The total valuation of the US Stock Market is around $30 trillion.
I have come across a very good article on the US Stock market, please have a look.
Click here
USA Stock Market | Dow Jones live chart
USA STOCK Market is the largest Stock market in the World. Since the US economy is the largest economy in the world, therefore the capitalisation of the US Stock Market is also the largest in the world. The total valuation of the US Stock Market is around $30 trillion.
I have come across a very good article on the US Stock market, please have a look.
Click here
Still on watch, For anything positive!
that a great yield
I feel the stage is being set for big inflation in the next couple of years in the USA. Hopefully not as bad as Argentine, 55%>>>>
https://www.bloomberg.com/news/articles/2019-04-16/argentina-inflation-surged-to-55-in-march-led-by-food-clothing
I just saw this copper breakout story minutes ago, I follow the dude at Twitter>>>>>
https://www.seeryfutures.com/copper-chart-looks-interesting/?utm_source=twitter&utm_medium=social&utm_campaign=ReviveOldPost
Hit job out on EV's today>>>
https://www.zerohedge.com/news/2019-04-21/new-study-shocks-electric-cars-considerably-worse-climate-diesel-cars
I put the story up on another board I do with an energy company scientist. he was his reply>>>
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148361782