From the Prospectus - Hongwei Cai is now 30 years old? Therefore;
Mr Cai studied investment management in Singapore during the respective periods of September 2006 to December 2007 (aged 20-21) and January 2009 to December 2009 (age 23). No mention of which institution, whether he attained a qualification and what that qualification might be.
For the period from January 2008 to December 2008 (a period of 12 months between studies in Singapore), Mr Cai worked as a market promotion manager at Ganzhou Dingsheng New Tech Water Products Company Limited, an Independent Third Party, responsible for overall market planning, product marketing and research and development of new products. This Company's core business is in manufacturing and distribution of bottled water under its own brand in the Jiangxi and Guangdong provinces of China. The Company also distributes other water-related products such as mineral cups and water dispensers. Therefore no experience whatsoever in agriculture let alone citrus.
Mr Cai has been the major underlying equity holder of Ganzhou Chinese since 2008 (when he was working for Ganzhou Dingsheng New Tech Water). Since January 2010, Mr Cai has worked for Ganzhou Chinese. During the period from January 2010 to December 2010, Mr Cai acted as the assistant to the general manager of Ganzhou Chinese (just after his unknown Singapore studies), assisting the general manager in the overall planning and market operation of Ganzhou Chinese. In January 2011, Mr Cai was promoted as deputy general manager of Ganzhou Chinese, responsible for the overall market planning and the marketing of products, and the research and development of new products (new citrus products???). Mr Cai remained in the position of deputy general manager at Ganzhou Chinese up to September 2012. Thereafter, Mr Cai acted as the director and deputy general manager of Ganzhou Chinese, performing substantially the same functions but with intensified responsibilities. Mr Cai is at present responsible for the overall strategic development, strategic planning, business development and market operation of Ganzhou Chinese. Mr Cai has been a director of Worldwide Network since 9 October 2012.
Why would you invest in this company? I own no DFM shares and am not shorting the stock.
Mysterious Major Owner / Chairman
Add to My Watchlist
What is My Watchlist?