Latest Yosen Group Inc. (YOSN) Headlines
Yosen Group Received 2013 Quarterly Subsidies from China Telecom in Support of Super Specialty Stores
PR Newswire - Tue Feb 25, 8:00AM CST
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company") today announced the receipt of RMB332,803 (or approximately USD55,000) from China Telecom Corporation Limited ("China Telecom") as 2013 quarterly subsidies for renovation and leasing of their co-branded Super Specialty Stores. The Super Specialty Store is Yosen's unique business model, under which Yosen cooperates with China's dominant telecommunication operators such as China Telecom, and partners with China's large scaled shopping outlets such as Century Lianhua ("Lianhua") and China Resources ("CR") Vanguard for store site selections. Thanks to Yosen's long established industry reputation, it has been able to secure these national merchandisers' crown jewel locations in the central business district in Hangzhou and integrate a number of best-selling product brands at one single outlet. The ultimate goal is to provide consumers a top notch, one-stop shopping convenience.
Yosen Group Opens Additional Super Specialty Stores In Hangzhou, China
PR Newswire - Wed Jan 29, 9:00AM CST
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company") today announced the opening of new Super Specialty Stores in Hangzhou, Zhejiang Province, China. One of them was opened on January 18th, 2014 inside the Hangzhou Zhuantang branch of China Resources ("CR") Vanguard, one of the well-known China national shopping outlets. Yosen's store occupies an operational area of approximately 25 square meters (or approximately 269 square feet). Another new store was opened on January 25th inside Century Lianhua's ("Lianhua") West Lake Culture Square Store, the busiest central business district in the city of Hangzhou, and occupies an area of approximately 50 square meters (or approximately 538 square feet). These stores are an addition to what Yosen already opened earlier last year in cooperation with China Telecom.
Yosen Signs Lease In Preparation for First Store Opening In New York City
PR Newswire - Wed Jan 22, 7:00AM CST
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company") today announced the signing of a five (5) year lease by its U.S. subsidiary, Yosen Trading Inc ("Yosen Trading"), in preparation for opening its first store in New York City. The store location is in Flushing, New York, and occupies an area of approximately 10,000 square feet. Yosen Trading has the right of first refusal to buy out the leased property. This will be Yosen's flagship store for its newly launched international trade and wholesale businesses relating to tile, kitchen cabinet, granite and marble products, primarily.
Yosen Group Established New York Subsidiary Yosen Trading Inc.
PR Newswire - Fri Jan 10, 7:00AM CST
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company") today announced the establishment of its New York based subsidiary Yosen Trading Inc. ("Yosen Trading"). Yosen Trading will be engaged primarily in international trade and wholesale business. Initially, tile, kitchen cabinet, granite and marble products will be the primary drivers of reaching the New York market.
Yosen Group Honored "2013 China Telecom's Highest Potential Award"
PR Newswire - Tue Jan 07, 7:00AM CST
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company"), announced today that it received "2013 China Telecom's Highest Potential Award" at China Telecom Corporation Ltd.'s ("China Telecom") 2013 Annual Appreciation Gala, as a recognition of Yosen's innovative collaborative model and outstanding performance.
Yosen Group to Launch New Business Unit in New York
PR Newswire - Mon Dec 23, 7:00AM CST
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company") today announced its plan to launch a new business unit in New York City (the "New Business Unit"). By leveraging the rich resources of the China Commodity City in Yiwu, Zhejiang Province, which is China's renowned commodity wholesale market, Yosen's New Business Unit will commence its international trade and wholesale business in the overseas market. Yosen is also headquartered in Zhejiang Province and was originally founded in Yiwu City.
Yosen Group Signs Strategic Cooperation Agreement with China Mobile
PR Newswire - Thu Dec 19, 7:00AM CST
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company") today announced signing a strategic cooperation agreement (the "Agreement") with the Hangzhou branch of China Mobile Limited ("China Mobile"). According to the Agreement, Yosen will promote a full range of China Mobile's telecommunication services and products in Yosen's stores. The Agreement will be effective for three years. As of now, Yosen has established its cooperation with each of China's three telecom operators (China Mobile, China Unicom, and China Telecom).
Yosen Group Signs Reseller Agreement with Apple
PR Newswire - Tue Nov 12, 7:00AM CST
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company") today announced the signing of an Authorized Apple PRC Reseller Agreement (the "Agreement") with Apple Computer Trading (Shanghai) Co. Ltd., a Shanghai, China based subsidiary of Apple Inc. ("Apple"). Through the execution of this Agreement, Yosen has been officially appointed as an authorized reseller of Apple products and services to customers in the People's Republic of China.
Yosen Group Opens Ten More Super Specialty Stores Co-Branded with China Telecom
PR Newswire - Mon Oct 07, 7:00AM CDT
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company") today announced the launch of ten (10) more super specialty stores co-branded with China Telecom Corporation Limited ("China Telecom"). Earlier in March Yosen had its first super specialty store of this kind with China Telecom. The new stores will be on the premises of the ten busiest Century Lianhua Hypermarkets in Hangzhou, Zhejiang Province in Eastern China. Century Lianhuaret Hypermarkets are a leading China national chain owned and run by Lianhua Supermarket Holdings ("Lianhua"). The newly launched Yosen super specialty stores will be operated under a "Yosen Digital - China Telecom E Surfing" co-branding. China Telecom Hangzhou Branch will provide a RMB350,000 (or nearly USD60,000) one-time aid to Yosen Group for store renovation plus a 30% lease subsidy to be funded quarterly.
Yosen Group Becomes Supplier to RadioShack Greater China
PR Newswire - Wed Mar 20, 8:00AM CDT
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company") announced the signing of Distribution Agreement with RadioShack's joint venture in Greater China, and thus became the supplier to RadioShack in the Greater China region.
Yosen Group Opens First Super Specialty Store In Cooperation with China Telecom Zhejiang
PR Newswire - Mon Mar 11, 7:00AM CDT
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company"), announced today that it opened its first super specialty store in cooperation with China Telecom Zhejiang. Operated by Yosen, the store is located in Hangzhou Century Lianhua Hypermarket ("Century Lianhua") Yunhe Branch, a busy shopping center. Mr. Zhenggang Wang, CEO of Yosen, Mr. Yunhua Jiang, Deputy General Manager of China Telecom Hangzhou Branch, and Mr. Wenwu Liu, Deputy General Manager of Zhejiang Lianhua Huashang Group Co., Ltd (which operates Century Lianhua), all attended the opening ceremony.
Yosen Group Received 2013 Quarterly Subsidies from China Telecom in Support of Super Specialty Stores
PR Newswire - Tue Feb 25, 8:00AM CST
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company") today announced the receipt of RMB332,803 (or approximately USD55,000) from China Telecom Corporation Limited ("China Telecom") as 2013 quarterly subsidies for renovation and leasing of their co-branded Super Specialty Stores. The Super Specialty Store is Yosen's unique business model, under which Yosen cooperates with China's dominant telecommunication operators such as China Telecom, and partners with China's large scaled shopping outlets such as Century Lianhua ("Lianhua") and China Resources ("CR") Vanguard for store site selections. Thanks to Yosen's long established industry reputation, it has been able to secure these national merchandisers' crown jewel locations in the central business district in Hangzhou and integrate a number of best-selling product brands at one single outlet. The ultimate goal is to provide consumers a top notch, one-stop shopping convenience.
Yosen Group Opens Additional Super Specialty Stores In Hangzhou, China
PR Newswire - Wed Jan 29, 9:00AM CST
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company") today announced the opening of new Super Specialty Stores in Hangzhou, Zhejiang Province, China. One of them was opened on January 18th, 2014 inside the Hangzhou Zhuantang branch of China Resources ("CR") Vanguard, one of the well-known China national shopping outlets. Yosen's store occupies an operational area of approximately 25 square meters (or approximately 269 square feet). Another new store was opened on January 25th inside Century Lianhua's ("Lianhua") West Lake Culture Square Store, the busiest central business district in the city of Hangzhou, and occupies an area of approximately 50 square meters (or approximately 538 square feet). These stores are an addition to what Yosen already opened earlier last year in cooperation with China Telecom.
Yosen Signs Lease In Preparation for First Store Opening In New York City
PR Newswire - Wed Jan 22, 7:00AM CST
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company") today announced the signing of a five (5) year lease by its U.S. subsidiary, Yosen Trading Inc ("Yosen Trading"), in preparation for opening its first store in New York City. The store location is in Flushing, New York, and occupies an area of approximately 10,000 square feet. Yosen Trading has the right of first refusal to buy out the leased property. This will be Yosen's flagship store for its newly launched international trade and wholesale businesses relating to tile, kitchen cabinet, granite and marble products, primarily.
Yosen Group Established New York Subsidiary Yosen Trading Inc.
PR Newswire - Fri Jan 10, 7:00AM CST
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company") today announced the establishment of its New York based subsidiary Yosen Trading Inc. ("Yosen Trading"). Yosen Trading will be engaged primarily in international trade and wholesale business. Initially, tile, kitchen cabinet, granite and marble products will be the primary drivers of reaching the New York market.
Yosen Group Honored "2013 China Telecom's Highest Potential Award"
PR Newswire - Tue Jan 07, 7:00AM CST
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company"), announced today that it received "2013 China Telecom's Highest Potential Award" at China Telecom Corporation Ltd.'s ("China Telecom") 2013 Annual Appreciation Gala, as a recognition of Yosen's innovative collaborative model and outstanding performance.
Yosen Group to Launch New Business Unit in New York
PR Newswire - Mon Dec 23, 7:00AM CST
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company") today announced its plan to launch a new business unit in New York City (the "New Business Unit"). By leveraging the rich resources of the China Commodity City in Yiwu, Zhejiang Province, which is China's renowned commodity wholesale market, Yosen's New Business Unit will commence its international trade and wholesale business in the overseas market. Yosen is also headquartered in Zhejiang Province and was originally founded in Yiwu City.
Yosen Group Signs Strategic Cooperation Agreement with China Mobile
PR Newswire - Thu Dec 19, 7:00AM CST
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company") today announced signing a strategic cooperation agreement (the "Agreement") with the Hangzhou branch of China Mobile Limited ("China Mobile"). According to the Agreement, Yosen will promote a full range of China Mobile's telecommunication services and products in Yosen's stores. The Agreement will be effective for three years. As of now, Yosen has established its cooperation with each of China's three telecom operators (China Mobile, China Unicom, and China Telecom).
Yosen Group Signs Reseller Agreement with Apple
PR Newswire - Tue Nov 12, 7:00AM CST
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company") today announced the signing of an Authorized Apple PRC Reseller Agreement (the "Agreement") with Apple Computer Trading (Shanghai) Co. Ltd., a Shanghai, China based subsidiary of Apple Inc. ("Apple"). Through the execution of this Agreement, Yosen has been officially appointed as an authorized reseller of Apple products and services to customers in the People's Republic of China.
Yosen Group Opens Ten More Super Specialty Stores Co-Branded with China Telecom
PR Newswire - Mon Oct 07, 7:00AM CDT
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company") today announced the launch of ten (10) more super specialty stores co-branded with China Telecom Corporation Limited ("China Telecom"). Earlier in March Yosen had its first super specialty store of this kind with China Telecom. The new stores will be on the premises of the ten busiest Century Lianhua Hypermarkets in Hangzhou, Zhejiang Province in Eastern China. Century Lianhuaret Hypermarkets are a leading China national chain owned and run by Lianhua Supermarket Holdings ("Lianhua"). The newly launched Yosen super specialty stores will be operated under a "Yosen Digital - China Telecom E Surfing" co-branding. China Telecom Hangzhou Branch will provide a RMB350,000 (or nearly USD60,000) one-time aid to Yosen Group for store renovation plus a 30% lease subsidy to be funded quarterly.
Yosen Group Becomes Supplier to RadioShack Greater China
PR Newswire - Wed Mar 20, 8:00AM CDT
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company") announced the signing of Distribution Agreement with RadioShack's joint venture in Greater China, and thus became the supplier to RadioShack in the Greater China region.
Yosen Group Opens First Super Specialty Store In Cooperation with China Telecom Zhejiang
PR Newswire - Mon Mar 11, 7:00AM CDT
Yosen Group, Inc. (stock symbol: YOSN) ("Yosen", or "the Company"), announced today that it opened its first super specialty store in cooperation with China Telecom Zhejiang. Operated by Yosen, the store is located in Hangzhou Century Lianhua Hypermarket ("Century Lianhua") Yunhe Branch, a busy shopping center. Mr. Zhenggang Wang, CEO of Yosen, Mr. Yunhua Jiang, Deputy General Manager of China Telecom Hangzhou Branch, and Mr. Wenwu Liu, Deputy General Manager of Zhejiang Lianhua Huashang Group Co., Ltd (which operates Century Lianhua), all attended the opening ceremony.
