Guangzhou Sinbio Cosmetic Co Ltd (Sinbio)has over 30,000 outlets in China. I wonder what will happen if/when a positive result comes back from the TEST MARKETING????
As everybody knows China has more or less just reopened after a lot of restrictions due to Covid, which has obviously caused big delays for some companies.
Sinbio is the THIRD LARGEST OEM cosmetic manufacturer in China if anyone wants to do their homework. And is Government OWNED.
Doing business in China does take time, especially when dealing directly with a State Owned Enterprise.
In any event if YOU and OTHERS are not happy with your investment SELL OUT move on and stop wasting your time and energy here.
Ann: Quarterly Activity and Cashflow Report, page-9
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