Last Price Today's Change   Day's Range   Trading Volume
0.013   0.00 (0.00%)  0.00 - 0.00  0


Avg Volume (4 weeks):0
Average Price Target: 0.24
Price Target Upside/Downside: +0.227


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Business Background

Qingmei Group Holdings Limited is a company engaged in the original design manufacturing (ODM) of mid-end and high-end sports shoe soles under its own trademark and Qingmei brand name. Its products comprise three types of sports shoe soles, namely MD II, MD I and RB shoe soles, which are used in the manufacture of shoes used for athletic, sporting and physical activities, such as running, tennis, basketball, climbing, cross-training and casual-wear sports. It has a production capacity of 45.6 million pairs of sports shoe soles per annum. The Company has commenced the construction of new facilities in April 2010 which is expected to increase the production capacity to 84 million per annum. Its subsidiaries include Qing Mei International, incorporated in the British Virgin Islands; HK Qingmei, incorporated in Hong Kong, and Qingmei China, incorporated in the People's Republic of China.

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