Scottsdale 2/28/2014 4:00:00 AM
QualityStocks News - Big Tree Group (BIGG) On Pace for Continued Expansion, Revenue Growth
QualityStocks would like to highlight Big Tree Group, Inc. (OTCQB: BIGG), an authorized sales agent for thousands of toy manufacturers in China. The company provides multiple procurement services for international toy distributors and wholesalers. Big Tree is headquartered in Shantou City of Guangdong province, a city known as the toy capital of the world. They operate a 21,000-square-foot-showroom to display products to thousands of international toy purchasers.The company has an on-site testing laboratory where all toys undergo rigorous testing to ensure both quality and function before reaching the showroom floor.
In the company’s news,
China is the world’s leading manufacturer and exporter of children’s toys. Located in Shantou City of Guangdong province, the heart of the “toy capital of the world,” Big Tree Group operates a 21,000-square-foot-showroom to display toy products from more than 8,000 toy manufacturers to thousands of international toy purchasers. The company conducts operations through both of its subsidiaries: Big Tree Brunei and Big Tree Shantou.
Big Tree has established itself as a “one-stop-shop” for the international sourcing and distribution of toys and other related products, utilizing its on-site testing laboratory that rigorously tests all products to ensure both quality and function before reaching the showroom floor.
Aside from its primary focus as an international toy distributor, Big Tree has developed Magic Puzzle (3D), a proprietary construction toy made of plastic pieces that can be “plugged” together to make a wide variety of objects. The company has registered patents for its utility model and appearance design in Hong Kong and mainland China, and sells the product directly to Chinese domestic end consumers including children and grown-ups through the company’s own sales counters in Dennis Department Stores and online store at Taobao Mall.
In January, Big Tree reaffirmed its guidance for full-year revenues at a record of more than $45 million and earnings exceeding $0.14 per share. Full-year 2013 results are slated for release in March of 2014.
Maintaining its progressive pace, Big Tree in upcoming years plans to aggressively expand sales efforts by opening independent franchises and company-owned stores to provide substantial growth as it seeks to build on its brand and expand possibilities.
The company has already established a large customer base in Asia and Europe and is currently seeking distribution throughout North and South America to further enhance its global presence. Additionally, global marketing and distribution of the Magic Puzzle is under evaluation and could create significant channels sales.
With a proven revenue stream and a management team dedicated to continued expansion, Big Tree is positioned to increase its value in China’s burgeoning toy industry.
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