Targeting China's Green Industry

NEW YORK (TheStreet) -- One Holding(ONEZ Quote) is positioning itself to capitalize on China's promising green industry.

The company is targeting infant markets that are supported by government initiatives to help green companies. It has begun to implement a vertical-integration strategy to expand the number of its products, increase profit margins and extend its geographic presence beyond the 15 provinces it covers in China as well as other Asian and European markets.

The arrival of One Holding comes on the heels of other promising U.S.- listed Chinese firms in this space, such as China Green Agriculture(CGA Quote) and China Agritech(CAGC Quote).

One Holding has a headquarters in the U.S. and an American-influenced management.

With a forward implied EPS of 33 cents that is based on the company's 2009 net income guidance of $8.7 million, the company is trading at a P/E ratio of 15 with a PEG ratio of 0.68. Investors will hear more about ONEZ as it executes its 2010 growth strategy. (ONEZ has approved a 1-for-5 reverse split that has yet to be reflected in its stock price).

One Holding's introduction into the U.S. capital markets came as the result of a reverse merger-transaction in June of 2009. Its aim is to create a vertically integrated company by acquiring Chinese firms operating in the "green" industry, which is one of the fastest growing sectors in Asia. The company is targeting China because of the country's favorable economic growth profile.

The company has started to implement its business model by recently acquiring two Chinese firms that supply customers with raw material for use in the production of fertilizer, supplements and organic food.