The Company intends to expand outside of its USA regional market to pursue a vertical integration strategy through the acquisition of textile, service, agriculture and industrial companies to compliment and grow Astika Holdings – NGV’s business. The business model of combining our global industrial relationships in Asia with Astika Holdings – NGV would become the primary operations. As a result, management believes that focusing our efforts on the acquisition of textile, service, agriculture and industrial companies would represent the greatest potential for shareholder return. We are excited about this relaunch for Astika Holdings, Inc. www.NantongGlobalVentures.com (‘NGV’) and look forward to accelerating the growth plans. We appreciate the support previous management has given us during the initial stages and are excited to lead the Company and its shareholders into the future.
Astika – NGV’s ongoing updated strategy through opportunistic high growth sector acquisitions include: (1) Jiangsu Ziyang Holiday Bedroom Articles Co. Ltd., (hereinafter referred to as “Jiangsu Ziyang”). Since Nantong is the largest base to the home textile industry in the world and the continuing development of China’s economy, the home textile industry is gaining a significant role in China’s consumer market. Jiangsu Ziyang Holiday Bedroom Articles Co. Ltd. is proud to be one of the vital members of the growing home textile products market.
Jiangsu Ziyang was established in 2007 with registered capital of $10,000,000 US dollars. The Company has its plant situated at a national development zone, covering an area of 34,000 square meters and a floor area of 23,000 square meters. Jiangsu Ziyang also maintains centers for research & development, pattern making & sampling, production, dispatching, warehouse logistics, with an annual output capability reaching RMB 500,000,000 Yuan, $80,555,511 US dollars.
Jiangsu Ziyang is a chairman unit of the Summer Home Textile Committee of China, a managing director unit of the China Home Textile Association, a Senior Vice Chairman unit and a secretary general unit of the Nantong Home Textile Chamber of Commerce. It acts as the Summer Articles Research & Development Center of China and a member of the China Committee for Home Textile Standardization. Jiangsu Ziyang has been authorized by the Ministry of Industry and Information Technology to draw up product stands for national cool products of summer.
Jiangsu Ziyang has won 1 patent for invention, 12 patents for utility models, 4 design patents, and 40 copy rights in the field of cool products of summer.
Mr. Xu Jian is the CEO of Jiangsu Ziyang Holiday Bedroom Articles Co. Ltd. He was recently appointed to be a member of the standing committee of the Chinese political consultative conference. He is also, Vice Chairman of China’s home furnishing association, vice executive member of the China home textile association, vice director of China home textile bedding association, vice chairman of general chamber of commerce of Nantong economic zone, and vice chairman and secretary general of Nantong home textile association. From 1998-2001 he was general manager of Zhejiang Silk Group. In 2001-2007 he became general manager of the Zeyang company and in 2007 to the present, he rose to the CEO of Jiangsu Ziyang Holiday Bedroom Articles Co. Ltd.
(2) the Company’s agriculture ‘Green Future’ initiatives into the Industrial Hemp sector (the launch of Nantong HZ Hemp Co. Ltd shall be utilized for Industrial Hemp and related projects. *According to the 2012 Annual Retail Sales for Hemp Report, the Hemp Industries Association (HIA) estimates the total U.S. retail value of hemp products in 2012 was nearly $500 million. China is the largest producing and exporting nation of hemp textiles and related products, as well as a major supplier of these products to the United States. “China produces 38% of the world’s hemp fiber supply; and 80% of the world’s hemp seed supply. The Chinese plan to increase the current 150,000 acres of hemp production to over 1,000,000+ acres over the next decade,” Malinda Geisler of the Agricultural Marketing Resource Center.) As global demand for hemp is increasing, the Company’s existing relationships with China coupled with New Zealand infrastructure for seed production and food processing along with New Zealand’s temperate climate and ideal soils offers Astika a position to capture the added value and economic benefits that this opportunity presents.
Astika – NGV’s entrance into the Industrial Hemp sector is in conjunction with the Company’s commitment to acquisitions and development of agriculture in Asia and New Zealand with (3) the New Zealand Dairy Sector. There are large rural areas and dairy farmers eager to work with Mark Richards, the President of Astika – NGV, to potentially acquire and grow their operating dairy farms. The food service sector is intended to benefit the future of Astika – NGV’s shareholders along with the Asian, New Zealand and World Markets.