CORAL SPRINGS, FL -- (Marketwire) -- 06/27/12 -- FN Media Group, LLC and its online brand, FinancialNewsMedia.com, is a leading provider of Financial Public Relations and Corporate News Dissemination Services for underserved companies in the microcap and small cap markets. FN Media Group provides its subscribers with news-worthy newsletters, profiles & reports on U.S. trading companies with substantial upside potential. FinancialNewsMedia.com has initiated extensive coverage for Ziyang Ceramics Corporation (OTCBB: ZYCI).
Recent Release Highlights for ZYCI:
Ziyang Ceramics Corporation (OTCBB: ZYCI) issued a news headline that it signed Ten New OEM Distribution Agreements in the Second Quarter of 2012 Collectively Requiring Minimum Sales of $1.3 Million per Month. The Company has signed 10 new distribution agreements with distributors in Shandong and Jiangsu provinces of China thus far in the second quarter of 2012. The new distribution agreements collectively call for minimum sales orders of approximately $1.3 million per month. Ziyang received a total of approximately $160,000 from the ten distributors as a refundable cash deposit provided they meet certain minimum sales targets. This outstanding news follows up recent financial report for ZYCI for the first quarter of 2012 that stated net revenues topped $11.4 million, an increase of 52.5% compared to the same period in 2011 and net income for the quarter ended March 31, 2012 increased 82.1% to $3.2 million compared with the same period in 2011.
To read the entire press release issued for ZYCI that includes the full company disclosures please go to http://www.financialnewsmedia.com/stock-investing-business-investing-news/featured-news.php?id=160
Ziyang Ceramics manufactures and distributes a popular line of porcelain tiles for use in commercial and residential flooring and wall applications in China. The company has an annual total production capacity of approximately 118 million square feet of porcelain flooring tiles in more than 50 different size and color combinations and 81 million square feet of interior porcelain wall tiles.
Market Opportunity for ZYCI:
The sheer size of China's housing market offers opportunity for Ziyang to grow even if home prices drop. According to analysts at international property consultancy Knight Frank, "China has the world's largest housing market, and investors -- both foreign and local -- have immense interest in this thriving sector. In 2011, an estimated 9.6 million new homes were sold across mainland China. The real estate sector accounted for 20.4% of China's RMB30.2-trillion fixed asset investments last year." As a point of comparison, home building in the United States peaked at less than 2.3 million in 2006. New construction in the U.S. is tracked by the Department of Commerce who recently reported that total housing starts increased to an annualized level of 717,000 units in April 2012. This is a significant improvement from the U.S. market bottoms seen in 2009, coming in below 500,000. Today, the Chinese home construction market is more than four times as large as the U.S. construction market was at its peak in 2006. China's residential real estate market has been one of the best performing markets in the world, with a five-year price appreciation of 110.9% through December 31, 2011.
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