Call(s) to Action: None

Here are the stories that the GeoTeam is following today… (Please see full disclosures at bottom)

  • ChinaHybrids
    • CHSTY ($21.11) – Taking a closer look at CHSTY because the company has reported profits for first half of 2014 reversing prior year loss and due to the company’s low valuation compared to other HK listed equities.
    • HGSH ($7.53; marked up over $9 in pre-market) – Announced it has signed its second Shanty area rebuilding project agreement with a budgeted investment of over $750 million.
    • EFUT ($4.83; marked up to near $6 pre-market) – Announced that C&U Group has selected eFuture’s omni-channel solution and grocery solution portfolio to support the dynamic growth of its C&U supermarkets and Shizu convenience stores.  C&U operates over 1,600 stores in Zhejiang province alone.
    • JRJC ($9.30) – Announced it is ranked as a leading online financial firm amongst China’s Top-100 Internet Companies.
    • VNET ($27.31) – Announced $5 million share repurchase program.
    • TSL ($12.53) – Announced it has entered into a share purchase agreement and acquired a 90% stake in Yunnan Metallurgical New Energy Co. from Yunnan Metallurgical Group Co., Ltd., Kunming Yeyan New Material Co., Ltd., and Kunming Engineering & Research Institute of Nonferrous Metallurgy Co.
    • SOHU ($59.06): Entered into the P2P lending business by launching the product “SouYiDai”, with annual yield rate of 8% to 12%.
    • CSIQ ($35.44) – Announced it has supplied Conti Group with 11 MW of solar modules.
  • GeoBargains/GeoBargains on the Radar
    • GeoBargain on the radar XRSC to be acquired at $5.60 per share a 85% premium over Friday’s close. XRSC was coded a GeoBargain on the radar on 8/22/2013 at $2.82.  Unfortunately we unwound our long position a few months ago.

For more timely information, particularly during the daily trading session, we urge our members to read our message board posts daily.

Disclosure: No positions ; Other Long Positions; Other Short Positions; Pump & Dump Positions (Password GEO2014)

Summary of general highlights:

On the Asian Front…

China Hgs Real Estate (NASDAQ:HGSH) (7.53; marked up over $9 in pre-market) — a leading regional real estate developer headquartered in Hanzhong City, Shaanxi Province, China, today announced:

that the Company signed its second shanty area rebuilding framework agreement with the Hantai District government of Hanzhong City.

Pursuant to the agreement, the Company will be engaged in development of shanty areas surrounding the Lianhuachi Area located in the Hantai District, Hanzhong City. The estimated investment in the project is approximately US$750 million. The local government will coordinate with the Company to implement the reform plans. The Company will closely work with local government on the detail implementation plan and manage the project progress.

“We are excited by signing both the Liangzhou road area and Lianhuachi shanty area rebuilding project agreements with the local government,” stated Mr. Xiaojun Zhu, Chief Executive Officer of China HGS Real Estate, Inc. “These two projects are not only important public welfare projects for the local community to improve housing conditions and people’s livelihoods, but also promote local economic development. By rebuilding shanty areas, more opportunities will be provided for both local enterprises and residents, which help facilitate sustained and healthy economic development. As a leading regional real estate developer, we look forward to contributing great efforts to our local community”

E-Future Information (NASDAQ:EFUT) ($4.83; marked up to near $6 pre-market) – a leading provider of software and mobile social shopping network services to China’s rapidly growing retail and consumer goods industries, today announced:

that C&U Group has selected eFuture’s omni-channel solution and grocery solution portfolio to support the dynamic growth of its C&U supermarkets and Shizu convenience stores.

Since C&U’s previous system from an US-based software vendor could not meet the growing need to engage customers across all channels (physical store, online, mobile and social media), they decided to adopt eFuture’s agile omni-channel solution and switch to eFuture’s grocery enterprise resource planning (ERP) total solution at the same time, which will be used to manage retail processes at all C&U supermarkets and convenience stores, from merchandise management and supply chain management to ambient and cold chain logistics management.

“We are glad to join hands with C&U, one of the top retailers in Zhejiang,”

said Adam Yan,

“The rules of retail industry have changed. Today’s consumers do not just listen and purchase, they demand the absolute control. No decision about me, without me. Offering a complete omni-channel platform, we are confident to provide C&U a single view of consumers, products and orders by an unified interface, while presenting a seamless brand and shopping experience in front of its customers, whether in person or via devices, and without regard to channel or location.”

China Finance Online (NASDAQ:JRJC)($9.30) a leading web-based financial services company that provides Chinese retail investors online access to securities, commodities, and wealth management products, today announced:

that it is ranked as a leading online financial firm amongst China’s Top-100 Internet Companies, according to the Internet Society of China and the Information Center of the Ministry of Industry and Information Technology of China.

“We are very proud to be ranked amongst the leading internet companies in China,”

stated Mr. Zhiwei Zhao, Chairman and CEO of China Finance Online.

“We will continue to invest in our broadening financial platform, especially our “Securities Master” trading platform, to further improve user experience. As government efforts to liberalize and stimulate the consumer financial industry gain traction, we firmly believe that demand for our one-stop platform for timely information and on-line trading, available on any device, demonstrates the tremendous advantages our platform possesses as compared with traditional channels. As an example, with the recent deregulation initiatives allowing investors in China to open accounts at multiple brokerages, now investors with existing securities accounts elsewhere have an easier path to potentially migrate into our financial trading ecosystem.”

21 Vianet Group(NASDAQ:VNET) ($27.31) – the largest carrier-neutral Internet data center services provider in China, today announced :

board of directors has authorized a US$5 million share repurchase program.

21Vianet’s board of directors has authorized, but not obligated, the Company to repurchase up to US$5 million of its own outstanding shares within the next 12 months. The share repurchases may be made on the open market at prevailing market prices pursuant to Rule 10b5-1 and/or Rule 10b-18 plans, in privately negotiated transactions, in block trades or legally permissible ways from time to time depending on market conditions and in accordance with applicable rules and regulations.

Trina Solar (NYSE:TSL) ($12.53) – a global leader in photovoltaic (“PV”) modules, solutions, and services, today announced :

entered into a share purchase agreement and acquired a 90% stake in Yunnan Metallurgical New Energy Co., Ltd (“Yunnan Metallurgical New Energy”) from Yunnan Metallurgical Group Co., Ltd., Kunming Yeyan New Material Co., Ltd., and Kunming Engineering & Research Institute of Nonferrous Metallurgy Co., Ltd. (collectively the “Parties”). The remaining 10% will be collectively held by the three Parties. Trina Solar obtained the stake by participating in a bidding process conducted through the Yunnan Public Resource Trading Center’s online bidding platform after Yunnan Metallurgical New Energy posted an invitation to bid for the majority stake via the Yunnan Equity Exchange.

Yunnan Metallurgical New Energy is committed to developing downstream solar power projects and currently has a 300 MW project under development in southern Yunnan province. Upon operation, it will become the largest single utility scale solar power plant in Yunnan and one of the largest in China. Construction of the 300 MW project is expected to begin in the third quarter of 2014. By combining the resources of strategic partners, Yunnan Metallurgical New Energy will also actively seek new project opportunities to expand its downstream pipeline.

“We are delighted to partner with Yunnan Metallurgical Group and its two subsidiaries to develop solar power projects”

Canadian Solar (NASDAQ:CSIQ) ($35.44) – one of the world’s largest solar power companies, today announced :

supplied Conti / SunDurance with 11 MW of solar modules during the second quarter of 2014.

For this 11MW order, Canadian Solar delivered to the Conti Group in total 37,202 pieces of CS6X solar modules in 6 x 12 cell matrix with UL 1000V certificate. During their 25 year life span, these modules will turn solar energy into 360,000 MWh of electricity, and reduce CO2emissions by 67,000 tons, the equivalent to taking 11,800 cars off of the roads; or equivalent to creating a forest of 6,200 hectares with 237,000 trees.

As a leading provider of engineering, procurement and construction (EPC) services in the renewable energy and other industrial markets internationally, the Conti Group has installed over 70 MW of solar projects throughout the United States. Matthew Skidmore, Vice President at Conti, commented, “We partner with sophisticated solar developers, solar asset owners and electrical utilities to design and build large scale projects, and are very excited to work with Canadian Solar on this opportunity.”

“We are pleased to be selected to supply our PV modules to Conti, a world leading EPC provider. We are looking forward to working with Conti in the future. I am confident that Canadian Solar’s global leadership, proven track record, and well-known brand name will continue to make us a partner of choice in powering key solar installations worldwide,”

said Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar.

In the past few years, Canadian Solar modules have consistently been ranked at the top of the PTC Ratings in the industry. PTC Ratings, established by the California Energy Commission (CEC), is the widely accepted indicator of real-world PV module performance.

GeoBargain/Specials…

Xrs (NASDAQ:XRSC)($3.02) –  provides compliance and fleet management solutions to the commercial trucking industry in the United States and Canada.  XRSC announced it will be acquired at $5.60 per share a 85% premium over Friday’s close.  XRSC was coded a GeoBargain on the radar on 8/22/2013 at $2.82 and was first mentioned in our 5/17/2013 email when the stock was trading at $2.08.  We stated we would begin tracking XRSC as the company began to transition to a Software as a Service (SaaS) model.

Unfortunately we unwound our long position a few months ago

For more timely information, particularly during the daily trading session, we urge our members to read our message board posts daily.

Sincerely,

The GeoTeam