Healthy Green Group Holding (AMEX: GDD), an organic health food store, was founded in 1999 and is headquartered in Hong Kong with 117 full-time employees. It is a Hong Kong retailer that mainly sells natural and organic food under the company's “Greendotdot” (Greendotdot) brand.
Healthy Green Group Holding (GDD) US Stock Encyclopedia
Diandian Green is a large organic health food specialty store in Hong Kong. It sells certified organic products from all over the world, including organic instant noodles, grains, frozen seafood and frozen meat, drinks and snacks, etc., with more than 450 types of products. There are over 200 points of sale in Hong Kong stores, major supermarkets and department stores.
The group's history dates back to 1999, when Mr. Wong and Ms. Cheuk began marketing natural and organic food products. In the same year, the company opened its first retail store to introduce the company's customers to quality products from local and overseas suppliers.
Over the years, Diandotdot has been building the company's “Greendotdot” brand by purchasing, marketing and selling a variety of high-quality products. These products can be broadly divided into: (i) packaged food; (ii) fresh food; (iii) frozen food; and (iv) other products such as honey, beverages, cooking oil, seasonings, and other non-food items.
As of December 31, 2022, the company offers a diverse product portfolio of more than 600 products from more than 134 suppliers, and the company sells these products under the company's brand “Greendotdot” through established sales channels (including 22 retail stores in Hong Kong).
The retail stores are strategically located in subway stations, residential areas, or shopping malls, all of which are prime locations with high traffic. Other established sales channels include the company's online sales platform, exhibitions, and wholesale sales through supermarkets and department stores, as well as to bulk purchasing customers.
For the 12 months ended June 30, 2022, Healthy Green Group had sales of $20 million.
For the 12 months ending December 31, 2022, Healthy Green Group had sales of $21 million.
Healthy Green Group Holding (GDD) US Stock Investment
On February 16, 2023, Healthy Green Group Holding, which operates an organic food chain under the Greendotdot brand in Hong Kong, submitted to the US Securities and Exchange CommissionIPOsApply and plan to raise up to $17 million through an initial public offering. Healthy Green Group plans to list on the NASDAQ under the stock code HGRN.EF Hutton It is the sole bookkeeper for the transaction. No pricing terms were disclosed.
On July 12, 2023, Healthy Green Group announced the terms of its initial public offering (IPO). Healthy Green Group announced plans to raise $13 million by issuing 2 million shares at a price of $6 to $7. At the midpoint of the proposed range, Healthy Green Group Holding's market value would reach $74 million. The company Healthy Green Group plans to list on the US Stock Exchange under the stock code GDD. EF Hutton is the sole bookkeeper for this transaction.