Hong Yuan Holding Group (PK) (HGYN) Quote

Where are all the unnecessary zippers????????

Joe six pack buying a "whopping" 200k shares for 60.00 and pretenting he's a high roller doesn't count here, where are the institutions, where is the smart money?

200k volume on Friday, let's see a PR here $HGYN!

As long as they stay current with the SEC, indefinitely.

Politics may have something to do with the delay, the US and China seem to be entering a cold war of sorts. If this merger never happens, I won't be a bit surprised.

How long can a shell exist and trade if no company is found to merge in??? It’s been over 3 years

Probably just be penny flippers playing hot potato. Pump it, dump it, rinse and repeat.

Sure seems like there's something going on there now. Consistent volume and chart looks pretty good.

If they never intend to use this, why do they bother filing sec reports?

The way they slosh these shares around, holding HGYN is becoming a real sloshbuckling adventure.

True and a better explanation than mine. Hopefully we find out soon.

In the meantime, they're masquerading as Hongyuan Holdings Group Co Ltd.; a logistics company with considerable business, and they seem to have fooled the likes of legitimate rags such as Business Insider and Bloomberg into associating them with that company.

Perhaps when they finally get around to finding a willing company to merge with, they'll find their missing integrity and drop the act.

They're looking for a company to merge into this shell. Nothing will happen until they find a company that wants to.

I know it isn't the golden age of ihub anymore, or the internet at large for that matter, but could someone please chime in and let us know what they think about this ticker and its current situation?

Nothing.Just a shell.There is a large Chinese logistics company with the same name,so there was speculation that it was going to use it a while back.But nothing came of it.

What does the company do?

Yes this was CERP.

No idea except it's down 33% today...

Hi all, I have this stock in my portfolio. Not sure why. I never bought it. Does it have anything to do with the stock CERP. That was the symbol. Plastic resin company.

Down over 57% and over a hundred thousand shares for sale at .132.

GEEZ..........

It's a valid question that I've been wondering as well. I sure hope we can work out our policies and issues. Biden administration doesn't give us much hope now or in the future though.

You think this'll weather the anti china political storms that are brewing in the west, and that are sure to brew in the future?

The anti china scaremongers in our government and media want us to dump our Chinese stocks so they can scoop them up on the cheap.

A beautiful setup for what seems to be a planned merger of Hong Yuan Airlines and Transportation into this shell. Covid really put this on hold, but we could see a price increase of epic proportions. Like you've never seen before. 22 million float for a billion dollars plus company will be a rocket ship. Very low on the radar. If you're in it now, your golden. Been holding this darling for 3+ years. GLTA

Per March 16th OTCQB certification: 75M OS, 22M float, no debts at all, CEO owns 67% of the commons and 100% of the preferred series A-1.
Former CERPQ now $HGYN
Level2 in ask looks really tight as a teeeeeen.

Is Hongyuan Holdings Group Co, ltd. going to merge in here or not?

Probably too risky in this political climate, anti China sentiments are pretty high right now.

Plum sad.

Filing with the sec seems pointless at this stage, but whatever floats their junk.

Yes, but this shell; HGYN/CERPQ, has no publicly known association with "Hongyuan Holdings Group Co. Ltd.", "Beijing Airport Hoya Logistics Co. Ltd.", or any other entity.

Until the SEC and the public are made aware of any such connection, it's irresponsible and reprehensible for B.I. et al to report there being one.

Its not completely baseless. HGYN used to be Cereplast which was a bio resin company. I think Cereplast went out of business or HGYN bought them out and changed the stock ticker and company to whatever HGYN is. I dont know if HGYN is a real company or a shell. Source: I am a bag holder of cereplast now hgyn. I shoulda dumped my shares when they peaked over a year ago. Now I check on hgyn every once in a while to see whats going on. Each time it seems like false hope.

Even if this is a vehicle of some Chinese logistics company, and not just a scam to sell shares; US antagonism towards China will likely cause the merger company, or would-be one, to reconsider its decision to list here.

Business "Insider" says, "Hongyuan Holdings Group Co. Ltd. designs and manufactures proprietary starch-based, and algae-based bio-plastic resins."

Back on this planet, due diligence says, "No BI, it does not."

Hongyuan Holdings Group Co. Ltd. is a rapidly expanding logistics company, with significant holdings in Air Belgium, et al. It has nothing to do with the design and manufacture of bio-plastics, and as far as the SEC and the public are concerned, has nothing to do with this shell.

Shame on BI for posting such nonsense.

HGYN=POS

Personally, no, though its not unheard of for Chinese companies to that....lol..... I would doubt that's the case here IMO.

If I'm right about the company, it looks fairly new, it's unlikely they could call themselves Hongyuan Holdings Group in China as A) it would be confusing....and B) the same reason I wouldn't start a company here in the US and call it Google Inc......trademark infringement and other legal hassles. Here they are free to call it that without any issues.

Hongyuan 'Holdings' sounds legitimate enough, the business description in China has a couple of different industries, so likely has a few subsidiaries:

Cultural and artistic exchange activities planning; health management consulting; business operation management; design, production, and domestic advertising business; exhibition services; car rental; technology development and technology promotion of traditional Chinese medicine; education consulting services; sales: prepackaged food and bulk Food, arts and crafts, audio-visual products, electronic products, household appliances, clocks, glasses, clothing, cosmetics, daily necessities, stationery, health food, leather goods; retail: cigarettes, cigars, domestic publications.

I doubt there is anything nefarious here, I just would not personally buy it as Chinese tickers here in the US have mostly shite since COVID.....and have been especially bad recently, I have probably 10 of them and none have gotten any significant volume in eons.

Why do you suppose they chose Hong Yuan Holding Group as the name of their shell/blank check company?

Do you think they went to the trouble of obtaining this shell, filing sec reports, changing its ticker symbol, and uplisting to the OTCMKTS so they can fool investors into believing they're a target of the medium sized logistics company, Hongyuan Holdings Group Co. LTD.?

No reverse merger has been announced here, so naturally there'd be no established link between this shell and its Chinese headquarters, and Hong Yuan Holdings Group Co. ltd., the multimillion dollar logistics company.

Couldn't tell ya, I'm not in this, I'm just passing on what I found that may or may not be useful to someone.

Henan 'HongYuan' seems to have more matches(partial company name, company officer and address) than the logistics company does, that only matches in name.

GLTU

Hahaha. They are probably all still trying to "work" from home. Which is why things get so sloppy.

Methinks they fired all their sloppy editors and writers and replaced them with equally sloppy AI algorithms.

Is a "culture development" company China's version of a blank check company? Because that's what Hong Yuan Holding Group is at this point, a shell that sells nothing but shares.

Hongyuan Holdings Group Co. Ltd. is the airline/logistics company.

Proof can be found in articles such as this https://press.jal.co.jp/en/release/201905/005166.html , this https://travelprnews.com/japan-airlines-and-hongyuan-holdings-group-create-joint-venture-699955/travel-press-release/2019/05/09/ and this https://www.planespotters.net/airline/Hongyuan-Group .

Until the sec and the public are told otherwise, Hong Yuan Holding Group is a distinct entity from Hongyuan Holdings Group Co. Ltd. and sloppy, AI generated, content won't change that.

I've looked into it a bit, from what I can tell I believe its a 'real' company, IMO I don't think its the logistics company, instead I think its one that translates as Henan 'Hong Yuan' Culture Development Co., Ltd.

You can see the translated address is pretty similar to the 10K filing, additionally, it has Li Xudong as the majority shareholder of it, holding 78%.

https://aiqicha.baidu.com/company_detail_32225908288737

I have not really spent that much time on it, so I don't see a lot at first glance, however, it has a 60M yuan registered capital, that is generally what the business was worth at the time of incorporation, that number does not change it could be bigger now.....or not....but that's pretty decent.

A lot of Chinese companies go public here have more like 10M yuan registered capital, though I personally prefer to see 100M-200M, those companies tend to be a little more substantial from my experience.

Whatever the case, Chinese companies have a tendency to throw curveballs at you, when you think you have figured out the merging company.....lol.....so I could certainly be wrong, this is just my opinion based on the limited info.

They don't.

https://www.bloomberg.com/quote/HGYN:US

If you google search the ticker, that's what you get. Bloomberg will have a listing for both companies, since that's what they do. Hongyuan Holdings Group Co., Ltd, is a real company, but they have absolutely nothing to do with this ticker. This ticker selected a similar name so that social media pumpers could "connect the dots" for a pump and dump. It didn't work.

Maybe it is sloppy editors and writers. Maybe its not...

Why are sites like Bloomberg and Business insider referring to HGYN as Hongyuan Holdings Group Co. Ltd.?

This shell/b.c.c. is called Hong Yuan Holding Group, and for the time being at least, has no publically recognized relationship to Hongyuan Holdings Group Co. Ltd.

Sloppy coverage by the likes of Bb and Bi.

The problem is, profit taking penny poppers won't allow these to stay in dollar land long enough to uplist without a R/S.

Insiders do r/s their own positions at times. It's their way of "taking one for the team" for the greater good of the company, as well as a means to shake out, what they perceive as, low quality shareholders.

I'm not saying that will happen here, but given the Nasdaq ambitions of this company, they'll likely want to take it to dollar land and keep it there for a while, and to do that could require concessions from management and shareholders alike.

Great questions and points.

You seem so sure about this and you use definitive language like an insider, a pumper, or both.

Nevada r/ms have a poor track record, and shadier entities are more likely to engage in them than less shady ones.

What makes you so positive this will buck the trend and become a multi dollar Nasdaq stock?

Do you know something we don't?

Have any of Lazar's former shells ever uplisted to Nasdaq/NYSE? I'm looking, but have yet to find one. Seems our expectations here are without much precedent.

This is assuming there even is a company coming in, which I'm beginning to doubt.