Incredibly Interesting Article on We Chat
It was posted on 2-26-22 if I'm reading the date correctly. It's titled:
YONG BAI CHAO NEW RETAIL RISING IN THE EPIDEMIC SITUATION. I don't have time to type in everything on there. I'm just going to paraphrase and skim throughout, skipping some sections. Just focusing in on what I think is important. And as always, these translations are very loose:
YongBaichao is a social electricity supplier based on the combintation of online internet and offline entity sales model in teh traditional internet B2B2C business model, a new F2C manufacturers to create a direct terminal consumer upgrade platform. The company is listed on the US OTC Market in 2021 and transferred to Nasdaq in May 2022 under the ticker symbol YBCN
Whoa! I have to interject here. I didn't see this on the first skim. What do you mean transferred to Nasdaq passt tense in may 2022? Translation issues. May 2022 hasn't happened yet. Are they saying they have plans to uplist to Nasdaq in May 2022 about the time our 10K is due? When the reverse merger into OTC is not even complete? Are they saying they are going to do a reverse merger to Nasdaq? I don' tknow. That's this is translating. These are not my words.
Company's Existing INdustries:
1. New Retail (F2C)
2. One Bell Clinic (Dermatology Anti-aging Clinic)
3. Elexy (Big Health)
That's yet another confirmation that we are both the wine and clinic as I understand it. And there is an Elexy too? I don't know what that's about. But I guess we are something even more than what we know...
The company signed a contract with JD.com on Jully 17, 2021 and has completed JD.com Mall, JD.com supermarket, 3500 Logistics, Jingxi platform, IR Palm Treasure supply chain system, and the full strategic cooperation layout such as warehousing.
The new retail platform as the company's main business system, the company will combine online internet and offline club and community marketing in the future, To create a factory direct terminal of the new ecological new retail platform, based on the Yongbai own brand, the existing goods for the Yong Baichao Maotai flavor liquuor series, the late platform will graft people just need products (such as rice, flour, oil, etc). The company will channel business profits and advertising investment funds are removed, directly to consumers to do manufacturers directly face customers.
The company will give 30% of the daily turnover of the platform to the consumers who participate in the platform. (Of which 15% of turnover per day dividends per day.) The remaining 15% of daily turnover as marketing sales commission. Cash is withdrawn every Friday and will arrive the following Wednesday.
Whoa. That corroborates so many things we heard in bits and pieces. Talk of dividends, for example. Not for us, but for them as I understand it. At least, that's the idea and what they are saying to my understanding.
Members only need to buy the platform designated goods to participate in dividends and promotion.
1. RMB 7680 for one...
2. $38,400 for 5 copies..
3. $76,800 for 10..
Just had to paraphrase on a long list. Not udnerstanding...
In according with the purchase score to obtain the corresponding amount of dividends, dividends every day, weekly settlement, monthly income, when you get the principla to buy goods plus 1 times profits after the end of cooperation to stop dividends.
Market commission:
$7,680, 3% for one copy
$38,400 4% 5 copies
Above for the choice of individual daily dividends and the promotion of the commission point.
Team Performance Award
500,000 7%
2 million 10%
7 million 13%
20 million 15%
$20 million plus gernation Equalizer 2%
Where do the benefits come from?
Company turnover:
20%-25% corporate tax
30% of company operating costs
30% bonus commission (15% bonus per day, 15% commission)
15%-20% of company net profit
Company Protection:
First: All the funds hit the public acconts of listed companies.
Second: Individuals and enterprises can issue invoices
Third: Fun open a third-party flexible employment platform, the background is Ping An Bank bank-enterprise direct link system, all funds are in the bank circulation, all poersonal income except personal income tax, to ensure the safety of funds and the legitimacy of personal income.
Fourth: WeChat mini program promotion
Fifth: product package
High Speed Rail Title Special Train Number has been signed:
March 20 Xiamen departure Yong Bai Chao
March 15 Guiyang departure Yong Bai Chao
CCTV three channels put Yong Bai Chao advertising
For three populations:
1. Wine lovers, gift givers, corporate buyers
2. Entrepreneurs (asset-light entrepreneurship)
3. Investor
Prouct plus purchase of wine principal plus 1 times earnings dividends out, 72 hours to buy the option.
Famous actor: He Zhengjun image spokesman
Political Commissar Zhao Gang ACtor
Well, that ended up being everything typed in. Except the one small list I note where I paraphrased. Just chopped off some things that had no relevance it seems. Not gonig back to look for typos. That was on the fly and a lot of typoing...
But SOOO interesting. Does have the Amway feel, as I mentioend before. So many bits and pieces taken from our spy satellite network, corroborated in this "article." Some photos dispersed throughout, like that of He Zhangjun with our wine. This is going to turn good I think.
