Wholesale
Purchases for Retailers As
of August 2011, we will no longer be selling at wholesale to retailers. For
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.
Our
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. The
decision to cease wholesale operation was not an easy one to make. We sincerely
hope for your understanding. Our
apologies for the inconveniences and we thank you for your continued support throughout
the years.
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