Uni Core Holdings Corp. (fka UCHC)

[IamtheWalrus]

APT paper - real products, real company.

http://packwebasia.com/packaging-business/corporate-news/expansion-growth/1839-apt-paper-group-integrates-production-resources-to-expand-market-share

http://www.redorbit.com/news/business/2078301/apt_paper_group_exports_honeycomb_paper_technology_and_equipment_to/
http://www.prnasia.com/story/61562-0.shtml

Mr. Thomas Lee, Chief Operating Officer of UCHC, said, “Apart from exporting the honeycomb paper technology and equipment to other parts of China, Hong Kong, Singapore and Malaysia, APT is also having business discussion with Chile and the South America region hoping to export the technology and equipment to countries of this region. While continuously expanding the operations in order to secure profits, APT is also fulfilling the commitment to environmental protection in the world.”

http://www.aptpapergroup.com/en/about_us/about_us_sz.html

Factory location:

http://www.honilong.com/lianxi-E.html

Keep in mind, the companies Albert Wong & Co. LLC represent are LEGIT:

http://finance.yahoo.com/q?s=ACLO
http://finance.yahoo.com/q?s=ARMC
http://finance.yahoo.com/q?s=PRDC
http://finance.yahoo.com/q?s=KNDI (I traded this one a while back)
http://finance.yahoo.com/q?s=QKLS
http://finance.yahoo.com/q?s=VALV
http://finance.yahoo.com/q?s=SUWG
http://finance.yahoo.com/q?s=UCHC
http://finance.yahoo.com/q?s=YSYB

Sales turnover in February 2012 increased by 41% as compared with February 2011. Although the cost of goods sold increased drastically from the last quarter of 2011 due to the inflation and the increase in paper material costs resulting in an increase of 9% of the direct costs, APT managed to achieve an increase in the gross profit by 250% as compared with the same month last year.

Operating expenses increased by 9% due primarily to APT's aggressive expansion campaign. The effective control of the sale of recycled scrap paper helped bring in an increase in non-operating income by 607%, as a result of effective control of raw materials and sound management of the business when compared with the performance for February 2011. February results of APT was a small loss of US$20,448, which is 95% improved compared with same month last year which had a loss of US$435,318.

Since APT's rehiring of Mr. Wen, as CEO, last August, APT has undergone a significant restructuring in terms of its management and business model. Although the performance in February 2012 still represents a slight loss, as the first quarter is traditionally the weakest it is encouraging to note the improved performance after seven months' effort, which is a solid indicator demonstrating that APT's performance and control mechanism are progressing in the right direction.
http://farming.ulitzer.com/node/2242031

GLTU