Yes, the stock 870334 has been listed since 2017, but it is not called Tengcha stock, but ST Jinqi.
The company’s full name is Hubei Jinqi Biotechnology Co., Ltd., which was established in May 2009. The company previously had two shareholders, Tian Wenjun and Chen Yang, of which Tian Wenjun’s investment ratio reached 99%, which increased to 5 shareholders after 2017. *** has 9 executives and its name has been changed three times. Its main business scope includes biotechnology development, consultation, transfer, and promotion services; sales of cosmetics, edible agricultural products, and daily necessities; and sales of food. In terms of financial information, the company has never disclosed sales, profits, and total liabilities.
In 2009, the company responded to the call of the Wuhan Municipal Government to develop the western region and attracted investment to Laifeng County, Enshi Prefecture. It mainly shouldered the task of providing counterpart assistance to Wuhan City and relied on Enshi Laifeng’s unique geographical environment and Rich in selenium-rich rattan tea resources, the core selling point is the efficacy of rattan tea. At the same time, the company has also cooperated with Jilin University and Huazhong University of Science and Technology, and jointly applied for 8 national invention patents with Wuhan University of Light Industry, Hubei University for Nationalities, Hubei University of Traditional Chinese Medicine and other universities. Jinqi Teng Tea Company signed an organic vine tea planting agreement with local tea farmers in accordance with the "Company Farmer" model, and dispatched vine tea planting experts to provide training, guidance and supervision to the tea farmers to ensure organic planting and no pollution, and to grow top quality vine tea.
Jinqi Teng tea is a unique medicinal and edible rhizome of a wild vine in the Wuling Mountains of Tujia and Miao Autonomous Prefecture, Hubei Province. After research on its active ingredients and functional effects by some domestic scientific research units, it was found that its taste is sweet and light, It is cool in nature and is a drink made from stems and leaves, suitable for people of all ages. Since the selenium content in Laifeng County, Enshi Prefecture is as high as more than 7,000 ppm, the vine tea produced is very rich in selenium
Judging from the stock market, the stock situation is not optimistic, and its stock net assets have been shrinking , and shows an obvious downward trend.