Tongxin International Ltd (CE) (TXIC) News

well Tongxin International still exists.. page 8... who knows if U.S. shareholders will 'ever' benefit though:

https://www.dmcexpo.com/Tp/file/2023/202307281429008585.pdf

i wonder if they moved everything to chinese stock market? A LOT of similarities from url (hntx) to general website subsections..etc...etc.. maybe... maybe not.... i always hope they'd file again and/or merge..etc...

http://en.hntxcd.cn/about2.html

Watching for filings like a hawk; we’ve waited loooong enough- G/L!!

Hi db, i hope all is well with you. I saw that Txic move today but couldn't find any reason for it. Thanks for pointing it out. Might be the right time and place for a substantial move. gltu

Hi Bob, after seeing a little action today I went to the website. Granted i'm going from memory and can't find proof of if/when it was updated BUT i think it was.

not only looks like different styling BUT i swear that had a misspelling before.. i think it said, "contat us" or something like that.

not sure if anyone recalls that or has 'proof' it's changed(?)

http://en.txicint.com.cn/

TXIC Tongxin (PK) 0.05 278.8% 95,643

https://www.facebook.com/pg/CSMunya/posts/

scroll down to June 29th:


"





Hon Peter G. Munya

June 29 at 10:27 PM ·
...

The first China-Africa Economic and Trade Expo opened on Thursday 27th June 2019, in Changsha, capital of China's Hunan Province. The expo, which was announced at the Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) last September 2018, was established to forge closer economic ties between China and Africa as well as to provide a platform for deepening economic and trade cooperation between the two sides.

The three-day event attracted more than 10,000 guests and traders, including those from African countries, affording the participants a great opportunity for networking.

On the sidelines of the expo, I met various investors, among them, those interested in motor vehicle assembly in Kenya, Witnessed the signing of an MOU between Hunan Tonggang and a Kenyan company on development of special economic zones and I also did visit the Hunan Tongxin Industry Co. Ltd, a motor vehicle manufacturing plant which is among those planning to open assembly plants in Kenya.





"

waiting as well on this one and a few others...always waiting LOL

g/l!!!

All good db7, just patiently waiting on this one and a few other hope all is well with you!

welcome! hope you're doing well Bob :)

Thanks for posting that, nice find as always :)

agreed; I always said I'd prefer a filing of a new auditor being engaged over a quick buyout or something along those lines

Looks that way. This had the potential to be a dollarstock if they ever start behaving like a public company.

agreed; I keep getting excited when they start to appear to be ready and then they go silent again

this seems like a big deal IMO as they had pretty senior ranking officials from China and Kenya present 'if' I'm reading it correctly

Nice find! Now we need some filings!

interesting! found this page:

http://hntgkj.com.cn


(again use google to translate):

in this link below, look at which company and building is on the tv in the background; so I'm assuming this is another sub of the company and this agreement looks very interesting (hoping to find some unit or dollar amount info... still looking)


http://hntgkj.com.cn/show_content.php?id=361


Signing Kenya Strategic Cooperation Agreement on April 27, 2019
On April 27, 2019, Hunan Tonggang Technology Development Co., Ltd. and Kenya Smart Racer Automobile limitd Co., Ltd. jointly established Kenya Tonggang Automobile Manufacturing Co., Ltd. to establish a strategic cooperation agreement for the manufacture and sale of automobiles in Kenya. At this point, the company officially opened a new chapter in Sino-foreign cooperation, and expects the company to blame on the road of Sino-foreign cooperation and create greater glories!

http://hntxmj.com/article/show_article.php?id=193


(translated via google chrome to English):

Kenyan Minister of Industry and Trade visited Tongxin Group on June 28, 2019
Author: Administrator | Hits: 12

Kenyan Minister of Industry and Trade Hon, Petter G. Munya, MGH and his delegation visited Hunan Tongxin Group

On June 28, 2019, Kenyan Minister of Industry and Trade Hon, Petter G. Munya, MGH, and Director Moses of the Investment Promotion Bureau visited the Hunan Tongxin Group accompanied by leaders of the China Council for International Economic and Trade Promotion and Hunan Hongyuan Economic and Trade Research Institute.

On behalf of all employees of the company, General Manager Zhang Jianhui warmly welcomed the visit of Kenyan guests and gave a detailed introduction to the development history of the company, the development of the automobile equipment manufacturing industry and the research and development and production of the products. Minister of Industry and Trade Hon, Petter G. Munya, MGH as a witness signed the agreement with the Ganga Kenya Automobile Manufacturing and Sales. He expressed appreciation for the strength and scale of the company's automotive equipment manufacturing technology, and inquired in detail about automobile production technology and sales. Happening. He said that the survey was very rewarding and not only helped Kenya learn from China's experience, but also promoted friendly exchanges and cooperation. Finally, expressed the willingness to deepen exchanges and further build partnerships.

re: opelroc->


"


Dongguan Opel Roc Automobile tool Co., Ltd. is a subsidiary of Hunan Tongxin Mold Co., Ltd, which
established in 2018 for the development of the group, it is located in Hengli Town, Dongguan City, Guangdong Province. Registered capital of 50 million RMB, covers an area of 6,000 square meters. All the technical backbone is from Tongxin mold Co., Ltd, have 150 staff, is a bold innovation, full of vitality, a large scale,with comprehensive technical strength and strong professional automotive parts mold design development and manufacturing company.



"


as I recalled:
Hunan Tongxin International (hntx.com)
|
V
Hunan Tongxin Mold Manufacturing Co (hntxmj.com)




so, is "Hunan Tongxin Mold Co., Ltd" the same entity as "Hunan Tongxin Mold Manufacturing Co"?

Agreed.

combined with why did Liu file all of the sudden; to me, that is equally intriguing ...

Could be, it's also vehicle parts. And why is Huff still buying? So intruiging.

googling a little: -> new subsidiary? http://www.opelroctool.com/en/about/


also it states:

"From 2015 to 2017, the total output value of our head company, Tongxin tool company is 360 million RMB, which is now annual capable of producing 600 sets of molds (5 tons per set"

360mil RMB = $53,454,466.17

so are we talking roughly $53.5mil in revenue for 2 years or 3?

Shares Out: 14,509,909 as of 05/01/2019 (per otcmarkets.com)


AND is 'Tongxin tool company' the same entity?


as I recalled:
Hunan Tongxin International (hntx.com)
|
V
Hunan Tongxin Mold Manufacturing Co (hntxmj.com)

Huff at it again :) ---> https://ih.advfn.com/stock-market/USOTC/tongxin-international-ltd-pn-TXIC/stock-news/79823523/amended-statement-of-ownership-sc-13g-a

There it goes

It touched .15 a year ago, and last time it traded above that level wat in 2014

Thinking/hoping this starts to gap to the upside at some point as most legacy shareholders are in way over this level I believe


G/L

.145 gone now

hoping this .145 ask is the last one under .20 :)

True

They both must imo

He must know something we don't

SC 13G/A out, insider David Huff was the buyer yesterday it looks like:

https://www.sec.gov/Archives/edgar/data/1422185/000121465919003051/p430191sc13ga2.htm

probably only you and I watching it lol

You just beat me, lol

Interesting buying today

a little volume and watching the level II ask-side it seems to be clearing up in a hurry

hopefully/finally an official path forward here; one of my most promising holdings as to what 'could, possibly' transpire price-wise


time will tell-


could also go to $0 ;)



g/l!!!

It's very intruiging. He took a 10% stake and is listed on OTCM as contact person. So I assume he is the new CEO. Might see an 8k soon.

13G out this morning. Something is up or else why become compliant??

Form 13 out

I also noticed recently that one of their websites is down/redirecting

Hntxmj.com


Not sure why shares have been coming loose recently if something is about to happen but might just be coincidental

Liu Zhenyu is also listed as contact person in OTCM profile page. Is this new? Name is never mentioned as a director in older filings.

Form 3 out

Was hoping we would have had follow-up from the last 2 8k's detailing the board changes AND the independent outside members appointments

'Hopefully' soon-

Was just noticing that. Interesting.

SC-13G/A, looks like David Huff bought the 20k that were on the ask on 2/4/19:


https://www.sec.gov/Archives/edgar/data/1422185/000121465919000860/d26190sc13ga1.htm

Another 8k out

Item 5.02 Tongxin International Announces Independent Outside Directors



CHANGSHA, China, August 24, 2018 – The board of directors (the “Board”) of Tongxin International Limited (the “Company”) is pleased to announce that Mr. Zhang Wenhui (“Mr. Zhang”), and Mr. Yu Gan (“Mr. Yu”) have been appointed as Independent Outside Director s with effect from August 14, 2018.



Zhang Wenhui currently serves as the Board Chairman of Hunan Xing Ze electromechanical Equipment Engineering Co., Ltd. and Changsha Yuanyang Automobile Parts Co., ltd. For almost thirty years, Mr. Zhang specializes his career in Mechanical Engineering field. Mr. Zhang holds a B.S. degree in Engineering from Hunan University, China.



Yu Gan currently is the deputy general manager of Hunan Hong Xiang New Energy Development Investment Co., Ltd. Mr. Yu has been an executive position since 1996 in automobile industry. Mr. Yu is also a PhD student in University.

The Board would like to take this opportunity to extend the warmest welcome to Messrs. Zhang, and Yu in joining the Company as Independent Outside Directors.

About Tongxin International Ltd. Tongxin International Ltd., the largest independent supplier of EVBS in China, is capable of providing EVBS for both the commercial truck and light vehicle market segments. The Company also designs, fabricates and tests dies used in the vehicle body structure manufacturing process. EVBS consists of exterior body panels including doors, floor pans, hoods, side panels and fenders. Tongxin International Ltd. maintains a network of over 130 customers throughout 21 provinces in China. Headquartered in Changsha, the Company also maintains regional manufacturing in Ziyang and Zhucheng. For more information, please visit www.txicint.com or www.hntx.com.

https://www.otcmarkets.com/filing/html?id=12934439&guid=w7cEUeXhzjOQ2th

SS updated the other day ...OS is 15M float looks to be 11M market cap Around 1.5M after today

Tomorrow .30+ imo

Ghost money coming in I love it

.11 x .13