DCSX has approved the listing of 200,000,000 trade-able shares of BO’TONG INTERNATIONAL LIMITED (DCSX Symbol BTGJ). Biztrack Consultants is the mandated Listing Advisor.
BO’TONG INTERNATIONAL LIMITED was incorporated in the British Virgin Islands on 14 August 2019 as the listing (holding) entity of the Operating Company for its proposed listing on DCSX. The Operating Company is a company registered in China with an operating track record of more than four years.
The principal business of the Group is the research, development, manufacture and sales of beverages. Its key product lines are wuxing products, instant tea products, herbal tea, plant protein beverage and plant beverage which are sold through distributors to seven provinces and two provincial-level municipalities in China. The Group is based in Sanmenxia City in Henan Province, China where its production facility is located.
The company listed on the DCSX for the following reasons:
(a) allow Shareholders who may wish to trade their shares through a stock exchange to do so;
(b) broaden the Company’s shareholder base;
(c) facilitate the Group to raise further capital when such additional capital is required to expand the Group’s business operations or for such other purposes as they may arise; and
(d) make the Company a more attractive investment target to suppliers, customers, and other strategic partners because the Company accepts and submits itself to the regulations under the Listing Rules, particularly on issues such as continual disclosures and corporate governance. This will allow for these other stakeholders to take equity stakes in the Company so that their interests are aligned with those of the Company and the Group.
Further details about the business will be found on our Markets page on this website under Equities Symbol BTGJ, section Company Information.