Last $0.61 USD
Change Today -0.02 / -3.17%
Volume 12.6K
YOSN On Other Exchanges
As of 3:58 PM 07/28/14 All times are local (Market data is delayed by at least 15 minutes).

yosen group inc (YOSN) Snapshot

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52 Week High
04/22/14 - $1.06
52 Week Low
08/27/13 - $0.0068
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yosen group inc (YOSN) Details

Yosen Group, Inc. is engaged in the retail and wholesale distribution of computers, communication products, and consumer electronics (3C) merchandise in Eastern China. It offers 3C merchandise under the Yosen and Yong Xin brand names. The company was formerly known as China 3C Group and changed its name to Yosen Group, Inc. in December 2012. Yosen Group, Inc. is based in Hangzhou, China.

122 Employees
Last Reported Date: 04/11/14

yosen group inc (YOSN) Top Compensated Officers

Chairman, Chief Executive Officer, Chairman o...
Total Annual Compensation: $30.8K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $57.7K
Compensation as of Fiscal Year 2013.

yosen group inc (YOSN) Key Developments

Yosen Group Signs Exclusive Cooperation Agreement with Global 3D Media for China Hotel Market

Yosen Group, Inc. announced that Yosen has signed a cooperation agreement with Global 3D Media Company Limited to provide exclusive sales channels for Global 3D Media's no-glasses 3D products entering China's hotel market. According to the Agreement, Yosen will be Global 3D Media's exclusive channel operator in China's hotel market. Global 3D Media will invest in products free trial in the lobby, elevators and guest rooms of 5-star and 4-star hotels. Yosen will be responsible for such channel development and continuing operation. For sales of any no-glasses 3D Pads demonstrated in hotel guest rooms, Yosen will enjoy a sales commission of 15% in addition to a 20% revenue sharing from all 3D advertisement sales throughout hotels. The first patch of signed hotels include well-known Shanghai Jin Jiang Hotel, Beijing People's Great Hall Hotel, Qingdao Seaview Garden Hotel, The Garden Hotel Guangzhou for a total of 2059 guest rooms. According to the Agreement, there will be a total of 80,000 guest rooms planned for 3D products trial use at Phase II.

Yosen Group, Inc. Signed Supplier Agreement with Linden Hotel Inc

Yosen Group, Inc. announced that Yosen, through its wholly owned subsidiary Yosen Trading Inc., has signed a supplier agreement with New York based Linden Hotel Inc. Pursuant to this Agreement, Yosen will provide Linden Hotel with the construction and renovation materials needed as well as the room supplies over the next 18 months.

Yosen Group, Inc. Announces Financial Results for the First Quarter Ended March 31, 2014; Provides Earnings Guidance for 2014

Yosen Group, Inc. announced financial results for the first quarter ended March 31, 2014. For the quarter, the company reported net sales were at $4.5 million, a 25% year-over-year increase over the $3.6 million for the first quarter 2013. Net income from continuing operation was recorded at $101,989 for the first quarter 2014, compared to a net loss of $550,682 for the first quarter 2013. Net income was $24,158 for the first quarter 2014, compared to a net loss of $639,477 for the first quarter 2013. In the remainder of 2014, the company anticipates to continue dedicating more resources to grow the international trade business. Its primary focus in the near future will be to execute the exclusive agreement with Yiwu China Commodity City Information Technology Ltd.


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