【News Reference: Marketwire，April 01, 2015】
Future Business Operations
SHGT is currently seeking and identifying private and public companies in Asia as acquisition and merger candidates. SHGT is currently trading on the USA OTC markets and is now forecasting pretax earnings of $0.4~$0.5 per share. It is Mr. Chen’s vision to have SHGT listed on the Frankfurt Stock Exchange soon and NASDAQ in the near future. This will give SHGT leverage to acquire more valuable companies in Asia. Mr. Chen and SHGT will focus on integration of chain stores and brand names, IOT (Internet of Things), alternative energy technology, internet and logistics. Mr. Chen stated “Through the newly structured public company, we will be able to pursue more aggressively to acquire quality companies in Asia. We have plans to invest or acquire up to 30 companies within the next ten to fifteen years, and our shareholders should be able to reap the benefit of the higher growth potential in the Asia region.