The company has historical earnings/profits before they listed on the ASX unlike some of the other Chinese companies listed.
Iv done my research and it's a very attractive buy.
XPD has recently been granted a design patent (Patent Number: ZL 2015 3 0180173.1) for soccer shoes by State Intellectual Property Office of the PRC.
XPD sponsored Queensland U19 Soccer Team for the Pacific School Games in Adelaide in November 2015.
The above two points and the fact they have a large factory help back up that they are a legitimate company making great business.
I bought two parcels yesterday, one for long term (trading on a p.e of 4) and a smaller trading one.
The company has historical earnings/profits before they listed...
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