SHENZHEN, China, April 23, 2012 /PRNewswire-Asia/ -- Uni Core Holdings Corporation (OTC Bulletin Board: UCHC), a Hong Kong based holding company, announces that Shaanxi Prosperous Agriculture Company Limited ("Prosperous Agriculture") held its second "Wisdom of Change" training class for distributors of Prosperous Agriculture's various products on 16-18 April 2012 in Xi'an. Approximately 50 different agricultural resources distributors from Henan Province, Gansu Province, Shanxi Province, Tianjin, and Xinjiang Autonomous Region participated in the training. Mr. Wang Fei, General Manager of Prosperous Agriculture, introduced the Prosperous Agriculture direct sales chain model in great detail during the three-day training. The majority of the participants have expressed their willingness to join the Prosperous Agriculture direct sales chain alliance and will start setting up direct sales stores in accordance with Prosperous Agriculture's model upon their return to their respective locations.
"Wisdom of Change" is the first high-end course on channel transformation for the Chinese agricultural resources industry. Prosperous Agriculture set up this course to assist the conventional distributors change their mode of operation and establish a direct sales chain system. Prosperous Agriculture intends to eventually acquire the selected outstanding distributors to be a part of Prosperous Agriculture's plan to establish 10 direct sales stores before the end of this year in order to continue to become the leader of agricultural resources direct sales chain of China. Until now, two classes of this course have been held which directly attracted nearly 100 distributors to participate in the transformation of agricultural resources channels; furthermore, Prosperous Agriculture has already begun counseling three distributors to practice direct sales chain and is expected to have a total of six distributors being counseled by the end of this month.
About Uni Core Holdings Corporation (UCHC.OB)
Uni Core through its subsidiaries develops, manufactures and distributes environmental friendly paper and agricultural products based upon its proprietary technology and supply chains. The Company was founded in 1998 and is headquartered in Hong Kong.
APT Paper Group, a wholly owned subsidiary, headquartered in Shenzhen, Guangdong, China, was founded in November 1993. UCHC acquired 100% of APT in June 2010. Based upon proprietary technology, production, marketing and global supply chains, APT is one of the leaders of the modern environmentally friendly packing and honeycomb paper products industry in China. APT's products are produced from recycled materials and are recyclable. APT's products include honeycomb paper pallets, honeycomb paper panels, honeycomb paper cartons, honeycomb paper coffins, honeycomb paper cushions, paper slip-sheets, paper corner protectors and corrugated paper products. APT holds patents throughout the world on many of its products. Some of APT's customers include Wal-Mart, Costco, Sam's Club, Sony, Nokia, DHL, Haier, Hisense, among others.
Prosperous Agriculture, 51% of which is owned by UCHC, is headquartered in Xi'an, Shaanxi Province, China. Prosperous Agriculture manufactures and distributes agricultural brands and also establishes a national agricultural resources chain direct sales platform through the opening and acquiring of agricultural resources direct sales outlets and dealers, and by working with well-known manufacturers of agricultural products. Prosperous Agriculture integrated more than 2,000 agricultural resources.
Safe Harbor Statement:
Except for statements of historical fact, this document contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of the Company's products. Such forward-looking statements are based on present circumstances and on the Company's predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward-looking statements. Such factors include the Company's ability to raise capital to engage in operations, general economic and business conditions, the ability to successfully develop and market products, consumer and business consumption habits, the ability to fund operations and other factors that the Company has little or no control. Such forward-looking statements are made only as of the date of this release and the Company assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. Risks, uncertainties and other factors are discussed in documents filed from time to time by the Company with the Securities and Exchange Commission.
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SOURCE Uni Core Holdings Corporation