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Ladies and gentlemen,
I am pleased to announce that NHT Global (China) Corporation will be fully functioning soon.
In June 2004, NHT Global (China) Corporation was officially registered in Zhuhai City, Guangdong Province by NHT Global, Inc. whose headquarters are in Dallas, Texas, USA. NHT Global, Inc. is an international direct selling company which markets mainly personal care products, cosmetics and healthcare products for the enhancement of people’s quality of life. Its parent company, Natural Health Trends Corporation, has 14 years business background and is now listed on the NASDAQ national market. After more than one year of careful preparation, NHT Global (China) Corporation has made significant progress in the following areas:
First of all, NHT Global (China) Corporation has set up its first manufacturing facility in 2005. The facility, with a total space of 20,000 square meters, is located in Nan Ping Industrial Park, Zhuhai City, Guangdong Province. It has a standard cosmetics production workshop, a warehouse and a R&D center. With the completion of the installation of the production lines and supportive equipments, NHT Global will soon be able to offer domestic consumers high quality personal health care products, cosmetics and healthcare products that are sold well in over 30 different NHT Global marketing countries and areas over the world.
Secondly, NHT Global (China) Corporation has established Representative offices in both Beijing and Guangzhou. A team of senior management staff with extensive direct selling industry experience has been recruited and put on post. They will be responsible for the operation and management of the overall NHT Global business in China.
Finally, we have made investment in Beijing, Guangzhou and Zhuhai to build the “Experience Service Center” that demonstrates the unique NHT Global features. In the “Experience Service Center”, there are many functional areas such as “product display”, “consultation”, “product experience” and “commerce information”. The Experience Service Center is an important bridge between our company and our consumers. Every consumer will be able to obtain full knowledge of our products, try them, and understand the sales procedures before they make a decision of buying them. Once the consumer buys our products, the “Experience Service Center” will continue to offer professional, full-range and caring services such as consultation of product use, handling of complaints and refund issues. Such personalized service offered by the “Experience Service Center” will fully demonstrate NHT Global’s commitment to Chinese consumers and the market. It allows high transparency in NHT Global’s sales service and ensures that consumer rights are protected. The “Experience Service Center” will gain us the confidence and trust of our customers.
Currently, all the employees of our China company are fully engaged in the preparation of applying for the “Direct Selling License”. We have also adjusted, in compliance with the “Direct Selling Management Regulations”, our business model, our compensation plan, information release system as well as training and performance review systems. In addition, all the registered capital for NHT Global (China) Corporation has been deposited into a local bank account in China. We have planned to make further investments in China in the next two years to open Branch-cum-Experience Service Centers in China’s prime and major cities to support the market.
“Where Ordinary Becomes Extraordinary” has always been NHT Global’s mission. In the future, NHT Global (China) Corporation will continue to supply our customers with high-quality and high-impact products and, with the various services provided by our NHT Global Experience Service Centers (or Service Stores), help improve people’s quality of life. We strongly believe that the Experience Service Center business model created by NHT Global China, will become an innovative model in all our markets and prove to be highly effective in China.
Since its establishment, NHT Global (China) Corporation has been defining its development plan in China under the principle of “Long term development based on absolute adhesion to the local laws and regulations”. In our actual operations, we have fully respected China’s policy of opening its direct selling market progressively. In the future, we will strictly regulate our business behavior to comply with all requirements and regulations specified in the “Regulations on the Administration of Direct Selling” and “Anti-Pyramid Promotional Scheme Act”. We will actively work with the Chinese government to combat fraudulent activities and we pledge to deal with all consumers in fairness and honesty so as to win their trust and our good reputation in the China market.
On behalf of NHT Global (China) Corporation, we solemnly declare that we will strictly abide by the Chinese laws and regulations, respect the Chinese culture, commit ourselves to long-term business development and operate legally. In the same spirit, we will devote ourselves to the building of a healthy and long-term direct selling industry in China and help bring forth harmony and beauty to the society.
Curtis Broome
President, Greater China & Southeast Asia
NHT Global, Inc. |
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Diana Ren
President
NHT Global (China) Corporation |
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