Intermost Corporation (OTC Bulletin Board: IMOT, which filed an application to change its name to Uni Core Holdings Corporation, and referred to as "UCHC"), an experienced "company doctor" and aggressive "incubator" of mid- to large-size companies in China, delightedly announce that China Equity Platform Holding Limited (referred to as "China Equity Platform"), a company that Intermost Corporation holds 60% equity of, is applying to be listed in the OTCBB of NASDAQ in the United States.
China Equity Platform has already invested in, and holds 15% equity of Shenzhen International Hi-Tech Property Right Exchange Center, 21% equity of Hainan Special Economic Zone Property Rights Exchange Center and has established strategic partnerships with over 30 property rights exchange centers across China. China Equity Platform will become the first property rights exchange holding company in China after it is listed. It is worth mentioning that Shenzhen International Hi-Tech Property Right Exchange Center has recently established the first regional, non-public, scientific and technological enterprises OTCBB in China -- Shenzhen Over The Counter Bulletin Board (referred to as "SOTC"). There are 72 enterprises and technological projects being listed among the first batch on the SOTC, which are all enterprises and projects that have technology at their core. A few of the listed companies have already met the listing requirements on the China GEM or even the Main Board.
Mr. Thomas Lee, Chief Operating Officer of Intermost Corporation, is pleased to say, "After completely resolving all of the historical problems, we had transformed the company into a committed 'company doctor' and 'incubator' for those potential industry leaders; the progress of development has been very promising. China Equity Platform Holding Group Limited, a company that has gone through our incubation process for over one year, is being spun off and will go public. Intermost Corporation will then fully leverage the effect of China Equity Platform being an Exchange Holding Company, to explore potential quality incubation projects from those companies listed on the various property rights exchange and to nurture these projects to become industry leaders in China, thus building Intermost Corporation as the largest industry leader grooming platform for incubation in China. As a result, its shareholders will continue to share the benefits brought by the success of these incubation projects."
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