Today, Ecochild Inc.’s wholly owned subsidiary, AIVtech Holding Limited, announced that it has contracted CCG Investor Relations for the design and execution of its investor relations campaign. The company utilizes its subsidiaries to manufacture and market its electronic furniture, digital/multimedia speakers, and LCD/LED televisions.
Considered a fast-growing manufacturer of multimedia electronics, AIVtech’s 2009 revenues stem solely from the sales of electronic furniture and digital/multimedia speakers; the company reported revenues of $38.5 million, with a full-year 2009 net income of $7.5 million, an increase of 91.9% over 2008.
JinLin Guo, AIVtech Chairman and CEO, commented, “We look forward to working with CCG to establish a more effective and transparent communications channel with the global investment community.”
He continued, “By leveraging CCG’s international platform, extensive investor network and expertise, we are committed to active and transparent communications in order to raise our profile and improve investors’ understanding of our business strategy and investment outlook. We expect to benefit from strong overseas demand for our high-quality, innovative products to advance the AIVtech brand name in the international marketplace. We’re also well positioned to expand our market share by intensifying our focus on delivering superior and innovative products to our customers. We will work diligently to reach our goals of expanding our distribution coverage overseas to become a leading global consumer-electronics company.”
Crock Coulson, CCG president, added, “We are excited to be working with a client with unique technology, innovative products, and an extensive global reach. AIVtech has broad global coverage, and the company has been recognized as a distinguished manufacturer by its customers in North America, Europe, Southeast Asia, Australia and China. AIVtech differentiates itself from industry peers through its strong brand and strategy for international expansion. We are confident that AIVtech will continue to deliver innovative and quality products as well as maintain effective communications with investors.”