Vantone International’s "3 + E" Business Model
Vantone International Group, Inc. ("Vantone International") (OTCBB: VNTI), today introduced its "3 + E" business model.
At the beginning of 2011, Vantone International launched the new model through an integration and optimization of the company’s water purification equipment development, manufacturing and distribution, the insurance agency service, the small financing and the online sales of “E” commodity (“3+E” business model) on the basis of B2C Insurance E-commerce. We believe that this business model can promote our sales by sharing an integrated sales channel system, which includes an online direct selling channel formed primarily based on insurance agents, and an entity sales channel composed of insurance agency branches, franchised insurance agency shops and franchised commodities shops. We also encourage our members to set up entity shops with the assistance of our small financing and mortgage company. We believe that the online direct sales combined with entity shop sales will form an interactive sales channel and bring Vantone international into a new stage of business development in 2011.
Brief E-commerce Business Management Introduction
①An individual Logins on B2C e-commerce website Vantone Online Shop to apply for registration with his real name to become a member on our e-commerce platform.② Franchisee Application. The member can choose to become a commodities franchisee or insurance agency franchisee (both referred to as franchisee). ③The member shall sign the agreement on “Membership Rule” with Vantone International, and he is subject to our examination and verification; If qualified, the member will be able to access the Membership Management System. ④The franchisee shall sign the “Franchise Agreement” with Vantone International, and he is subject to our examination and verification; If qualified, the franchisee will be able to access the Shop Management System. ⑤ Small financing and Mortgage Application. The franchisee may apply for small loans. Above belong to our registration system. And the next is our management system. ⑥The qualified member and the franchisee may use the Promotion System, Order System, Settlement System and Reward Point System . ⑦The member and the franchisee may use the Order System to place an order on the e-commerce platform. Finally comes to our “3+E” system. ⑧ Exchange points. The reward points will be generated automatically by the system after the member and the franchisee’s order and settlement, and they can exchange the reward points for commodities or insurance products. ⑨ Repaying loans and interest. The franchisee can repay small loans with reward points. ⑩ Cashback by reward points. The member and the franchisee can apply for cash rewards with reward points. Safe Harbor Statements This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of Vantone International's management and are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in China, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in China, general economic conditions; geopolitical events and regulatory changes, availability of capital, changes in the agricultural industry, the Company’s ability to maintain its competitive position as well as other relevant risks, including but not limited to risks outlined in the Company's periodic filings with the U.S. Securities and Exchange Commission. Vantone International does not assume any obligation to update the information contained in this press release.
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