Purchases for Retailers
of August 2011, we will no longer be selling at wholesale to retailers.
years, we have sold our products at wholesale pricing to retailers purchasing
in bulk. However, in recent years, the US Dollar had fallen significantly in exchange
rate relative to CNY such that we can no longer sustain our wholesale operations.
pricing structure is based on an exchange rate of $1 USD = $8 CNY, developed from
years ago. However, today, the exchange rate is actually closer to $1 USD = $6
CNY. As such, we simply cannot continue operation on the wholesale side without
sustaining significant losses.
decision to cease wholesale operation was not an easy one to make. We sincerely
hope for your understanding.
apologies for the inconveniences and we thank you for your continued support throughout