Jianming Hao, chief executive officer and chairman of Deyu, said, "We look forward to NUWA assisting us with communicating our value proposition to shareholders and investors in an concerted effort to broaden Deyu's presence in the financial markets. NUWA's experienced team has provided many US-listed Chinese companies with excellent investor relation services. We are truly excited to work with such a reputable and knowledgeable investor relations advisor."
Kevin Fickle, president and CEO of NUWA, commented, "We are delighted to serve as the investor relations advisor to Deyu, a company that is rapidly moving to the forefront of China's agricultural product sector while providing healthy and nutritional products to its customers. China's steadily growing population is fueling the activity in its consumer markets. We anticipate that as the incomes of the Chinese grow, so too will their consumption. Notably, an increasing percentage of the Chinese people are opting to eat healthier foods and as a result, the demand for Deyu's simple and deep processed grain products is rising. These trends — China's burgeoning consumer market, the increasing health and nutrition consciousness of its people, and Deyu's growing success — all signal that the company is poised to secure a considerable portion of China's agricultural product market in the near future."
Fickle further added, "We are pleased that Deyu experienced tremendous growth in the first quarter of 2011. The company's revenue increased 187%, from $14.4 million in Q1 2010 up to $41.4 million in Q1 2011. The company's gross profit and net income also improved significantly during this period and we firmly believe that Deyu is poised for even greater financial gains in the near future. As the company strives to capture a larger portion of China's agricultural product market, our goal is to help Deyu's senior management team with all facets of its corporate communications strategy and to enhance the company's presence within the investment community."