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2021 Year-end Shareholder Update
2021 Year-end Shareholder Update
CEDARTOWN, GA / ACCESSWIRE / December 31, 2021 / Phoenix Rising Companies (OTCQB:PRCX)
Dear Shareholders,
Thank you for your continuing interest in Phoenix Rising Companies. 2021 has been a year of change and opportunity for the company. Many professionals and company personnel have helped us navigate a difficult time. I hereby express my personal and company gratitude to our Board, Officers and employees. Additionally, we have been supported by many third parties including accountants, attorneys, industry experts and more; I extend the same gratitude to this capable and helpful group.
We have continued to successfully operate our core subsidiary, Tieshan Oil, whose business is trading and delivering products for refining gasoline. The global pandemic slowed but did not eliminate demand and our upcoming annual report will reflect an expectation of ongoing operations and substantial revenues into the foreseeable future from this division.
The pandemic also made it impossible for our outside auditors to enter the country of China and attempt to salvage the Wandi mining acquisition. We feel had this asset not been in China, the process would have been easier and successful.
Both Wandi and Tieshan Oil are in China. We are not seeking further opportunity there.
The onset of Covid-19 together with a general growing distrust of China has led the Board to choose seeking new opportunities primarily in the West. Changing auditors to a US firm was our first step in this direction. On a personal note, I would like to mention that although I am of Chinese extraction, I am a citizen of France and my heart is more in the West than the East. Accordingly, the Board's choice to turn our eyes to the West is consistent with my personal plans.
To increase shareholder value and future company performance the Board of Directors has elected to undertake new approaches with a view towards long term operational successes.
Our focus will be on new and innovative technologies, sales and marketing of medical devices, environmentally friendly methods of energy production and renewable energy generation, improved and cleaner mineral recovery, proprietary water purification and more.
We are still in the planning stages and it is likely we will be establishing a new R&D division in the United States.
More information will be forthcoming soon.
With Best Wishes that we Share a Happy New Year,
PHOENIX RISING COMPANIES
DS Chang
Chairman and CEO
SOURCE: Phoenix Rising Companies
View source version on accesswire.com:
CEDARTOWN, GA / ACCESSWIRE / December 31, 2021 / Phoenix Rising Companies (OTCQB:PRCX)
佐治亚州锡达敦/ACCESSWIRE/2021年12月31日/凤凰新兴公司(OTCQB:PRCX)
Dear Shareholders,
尊敬的股东们,
Thank you for your continuing interest in Phoenix Rising Companies. 2021 has been a year of change and opportunity for the company. Many professionals and company personnel have helped us navigate a difficult time. I hereby express my personal and company gratitude to our Board, Officers and employees. Additionally, we have been supported by many third parties including accountants, attorneys, industry experts and more; I extend the same gratitude to this capable and helpful group.
感谢您对凤凰新兴公司的持续关注。2021年对公司来说是变化和机遇的一年。许多专业人士和公司人员帮助我们渡过了一段艰难的时期。在此,我个人和公司向我们的董事会、管理人员和员工表示感谢。此外,我们还得到了许多第三方的支持,包括会计师、律师、行业专家等;我对这个有能力和乐于助人的团体表示同样的感谢。
We have continued to successfully operate our core subsidiary, Tieshan Oil, whose business is trading and delivering products for refining gasoline. The global pandemic slowed but did not eliminate demand and our upcoming annual report will reflect an expectation of ongoing operations and substantial revenues into the foreseeable future from this division.
我们继续成功地运营着我们的核心子公司铁山石油,该公司的业务是交易和交付精炼汽油的产品。全球大流行放缓了,但并没有消除需求,我们即将发布的年度报告将反映出对该部门持续运营和在可预见的未来实现可观收入的预期。
The pandemic also made it impossible for our outside auditors to enter the country of China and attempt to salvage the Wandi mining acquisition. We feel had this asset not been in China, the process would have been easier and successful.
这场流行病还使我们的外部审计师无法进入中国,试图挽救对万迪矿业的收购。我们认为,如果这项资产不在中国,这一过程会更容易、更成功。
Both Wandi and Tieshan Oil are in China. We are not seeking further opportunity there.
万地和铁山石油都在中国。我们不是在那里寻找更多的机会。
The onset of Covid-19 together with a general growing distrust of China has led the Board to choose seeking new opportunities primarily in the West. Changing auditors to a US firm was our first step in this direction. On a personal note, I would like to mention that although I am of Chinese extraction, I am a citizen of France and my heart is more in the West than the East. Accordingly, the Board's choice to turn our eyes to the West is consistent with my personal plans.
新冠肺炎的兴起,加上人们普遍对中国日益增长的不信任,导致董事会选择主要在西方寻找新的机会。将审计师换成美国公司是我们朝着这个方向迈出的第一步。就我个人而言,我想提到的是,虽然我是中国血统,但我是法国公民,我的心更多地是在西方,而不是东方。因此,董事会将目光投向西方的选择与我个人的计划是一致的。
To increase shareholder value and future company performance the Board of Directors has elected to undertake new approaches with a view towards long term operational successes.
为了增加股东价值和未来的公司业绩,董事会选择采取新的方法,以期取得长期的经营成功。
Our focus will be on new and innovative technologies, sales and marketing of medical devices, environmentally friendly methods of energy production and renewable energy generation, improved and cleaner mineral recovery, proprietary water purification and more.
我们的重点将放在创新技术、医疗设备的销售和营销、环境友好的能源生产和可再生能源发电、改进和更清洁的矿物回收、专有净水等方面。
We are still in the planning stages and it is likely we will be establishing a new R&D division in the United States.
我们仍处于规划阶段,很可能会在美国建立一个新的研发部门。
More information will be forthcoming soon.
更多信息将很快公布。
With Best Wishes that we Share a Happy New Year,
谨向大家致以最美好的祝愿,祝大家新年快乐。
PHOENIX RISING COMPANIES
DS Chang
Chairman and CEO
凤凰新秀公司
DS Chang
董事长兼首席执行官
SOURCE: Phoenix Rising Companies
资料来源:凤凰新秀公司
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