Saturday, March 22, 2008
President Li Jinyuan of Tiens Group Meeting with Eldest Grandson of Former President of South Africa—Mr Mandlesizwe Mandela
On March 16th, 2008, the President of Tiens Group Mr Li Jinyuan had a meeting with the eldest grandson of Former President of South Africa Mr Mandlesizwe Mandela and his attorney Mr Darryl Ackerman in the reception room of China Association for the Promotion of Industrial Development (CAPID). Other attendees included Vice Secretary-General of CAPID Mr Li Xiaojun, Vice President of Tiens Group Mr Han Fusen, etc.
Mr Li Jinyuan firstly introduced the 12-year development of Tiens Group and the achievements of today's TIENS to the guests, and expressed that Tiens Group, as a member in The Red Cross Society of China, would continue providing volunteer supports to African countries. Tiens Group will go to South Africa and Kenya for the Donation Activity with The Red Cross Society of China in April.
After Mr Li Jinyuan's introduction and seeing the DVD of Tiens Today, Mr Mandela showed his admiration for Tiens Group's gigantic scale, rapid development, outstanding achievements and its contributions to African countries, and also Mr Mandela was deeply moved and showed his hearty appreciation to Mr Li Jinyuan for his generous support.
After the conversation, Mr Li Jinyuan presented a gift to Mr Mandela, and the meeting came to an end.
Posted by William K at 12:05 PM 0 comments 
Labels: Tiens
Sunday, March 09, 2008
Warrent Buffett's Analysis and TIENS Group
Warren Buffett is the world’s greatest investor. Warren Buffett is currently the richest man with a personal fortune of $62 billion followed by Carlos Slim and Bill Gates respectively. The amazing thing is he made all his fortune entirely by investing in the stock market. Over the last 50 years, he managed to achieve 24.7% annual compounding rate of return, which means he made his money double every 2.9 years! How does Buffett select a company? What criteria make a great company among the thousands of other companies out there? We will look at The 7 Criteria that Warren Buffett uses to determine a Great Business. Last but not least how does this reflect on Tiens Stock Quote (TBV). Here are some details i could find, may not be excellent but it's better than nothing. Enjoy :)
Criteria #1: History of Consistently Increasing Sales and Earnings
Tiens Biotech Sales History (2002 - 2006):
- 2002 - $ 14.1 Millions
- 2003 - $ 38.39 Millions
- 2004 - $ 58.91 Millions
- 2005 - $ 68.69 Millions
- 2006 - $ 66.67 Millions
Tiens Biotech Income History (2002 - 2006):
- 2002 - $ 2.0 Millions
- 2003 - $ 17.06 Millions
- 2004 - $ 27.44 Millions
- 2005 - $ 26.88 Millions
- 2006 - $ 26.29 Millions
When we look at the figures above, we can observe that from year to year the sales and net income of Tiens Biotech generally increases. This basically shows that they company is making money. Let's take a look at the second criteria.
Criteria #2: Sustainable Competitive Advantage
1. A Strong Brand (e.g. Coke, Nike, Hershey’s, Budweiser etc..)
Tiens Biotech is right now a household brand not only it is an international brand, Tiens also have partnerships with the most well known companies in the world. (e.g. Microsoft, Pfizer, Shiseido, Swiss Army, L'oreal, etc..) All the companies that were chosen to have partnerships with Tiens for either ODM or OEM have very strong branding image. If Tiens do not have a strong brand, the company then would not be able to appoint these companies to have partnerships.
In February, Tiens Brand was named the Designated Brand of the China Famous Brand of Women & Children Product Purchase by the Purchase Editing Committee of China Famous Brand of Woman & Children Product Purchase.
On June 28, Tiens Group was 64th in the list of the 2004 China Top 500 Most Valuable Brands issued jointly by the World Brand Lab (WBL) and the World Economic Forum (WEF), in which Tiens was the highest Tianjin enterprise in the ranking.
TIENS was named "China Top 10 Credit Brands of Healthcare Product" 2006
The World Promotion Association of the United Nations granted TIENS products the status of official products of UN.
More about Tiens Brand Here
2. Patents and trade secrets (e.g. Pharmaceutical companies like Pfizer)
Again, Tiens have a lot of patents and trade secrets on the way their products are manufactured. They are even able to sign and MoU (Memorandum of Understanding) with Pfizer's latest patent, Capsugel.
"All Natural High Absorption Calcium (Nutrient Super Calcium Powder) " received the Gold Award at the China New Science and Technological Products, Patent Technologies, and Patent Products Expo.
3. Gigantic Economies of scale (e.g. Wal-Mart Stores, Amazon.com etc..)
In China Tiens is considered a gigantic economic force.
Tiens Group was awarded “China Top Hundred Informative Enterprise 2007”in September amongst the competitors of 2000 enterprise.
On September 24, Tiens Group was named the 2005 China Outstanding Private Enterprise in the Third China Private Enterprise Development Forum & China Private Economy Forum (Donghu Lake) co-organized by the China Enterprise Confederation, China Entrepreneur Association, and the All-China Federation of Industry & Commerce.
Tiens Group was granted the honorary title of the Best Enterprise on International Ecological Security by the Ecological Security Council of the UN and the International Ecological Security Academy.
On August 18, Tiens Group was titled 2000 Top 10 Enterprises of China International Healthcare Festival.
Tiens Group was granted the honorary title of 2000 China Top 50 Enterprises in the Healthcare Food Industry etc,
World's Relations with Tiens Group can be found Here
4. Market Leadership that competitors will find it very difficult to overtake in the next decade. (e.g. General Electric, VISA, Microsoft, Google.com)
BannerStore is now striding proudly towards the goal of one of the world’s top 500 companies. Its business has extended to a dozen countries in the Asia-Pacific region and the Euro-Asian region including China (Taiwan included), where it has made great achievements and displays good prospects in the feature. BannerStore is the way of there future. The first and only MLM based supermarket. This advantage to be the first of its kind will allow BannerStore to reach untapped markets all over the world.
5. High switching costs that lock in customers (e.g. Adobe, Microsoft)
Tiens Group operate as an MLM company with steady and expanding loyal distributor of 18 millions. The group is looking forward to reach 20 millions loyal customer by next year. With the help of BannerStore, more and more loyal customers will be having partnership with Tiens and remember that distributors do not have to renew their membership.
- Consumer Monopoly (Self Explanatory - Once you are a member you are loyal especially if you get a home based business by just being a consumer of great lines of products)
- Sells a product where the company is free to raise prices without affecting the demand. (When TIENS recently increased their prices in Indonesia by 15% no one complained. Basically, higher prices means higher bonus and income. : ) They do not have to be afraid of losing customers like companies in other industries. For example: Maxis customers will switch to cheaper providers if they increase 15% price)
· High profit margins (Generally TIENS Payout to the distributor is 53.5%. Logically speaking if a company can give back 53.5% then the profit margin must be high. On the other hand this does not mean the product prices are marked up beyond limits, because major products prices includes approximately 70-80% and yet consumers are the ones to pay)
· Consistent, increasing profits (This is directly proportional to the increase rate of sales and income every year)
- Stores or distributors have to carry the product or lose money. People or businesses have a strong desire for the product or service. (For this point, TIENS have their own distributors and there will be 4000 BannerStores all over the world to carry the products. So it's really not a problem)
Criteria #3: Future Growth Drivers
If the company has no plans to create new products or enter new markets then future sales and profits will not keep growing.
Company must have some of the following growth drivers:
- Development of new product lines (TIENS plan to develop 2000-3000 new products)
- Upcoming product innovations (BannerStore is the latest innovation, Mr. Li always comes up with new ones)
- New application of patents
- Expansion in capacity (e.g. Build bigger factories) (TIENS Tianjin Health Industrial Park is expected to complete end of 2008)
- Opening new markets (TIENS is already in 206 countries and expanding. Africa is the latest market entry)
- Building more outlets (This business has the potential to go everywhere because there is no need for an outlet. We can even do the business in the toilet if you want. BannerStore is expected to open 4000 branches all over the world. Compare that to Carrefour that's only 750)
- Huge untapped market potential (For the first time in the world MLM supermarkets will bridge customers and this will provide huge market for the company)
Found in the ‘CEO’s Message’ or ‘Letter to Shareholder’ in the company’s latest annual report.
Criteria #4: Conservative Debt
Long term debt should be less than 3-4 times Current Net Earnings (after tax)
Long Term Debt < (3 to 4) X Current Net Earnings (after tax)
TIENS Long Term Debt = $6.4 Millions
TIENS Current Net Earning (after tax) = $26.29 Millions
This is WAY conservatives and low
Found in company’s balance sheet under ‘long term liabilities’ or ‘non-current liabilities’ and Net Earnings can be found in the Profit and Loss (Income) Statement.
Criteria #5: Return of Equity (ROE) Must be Consistent & High at ROE>15%
ROE = Net Income / Total Shareholder’s Equity X 100%
TIENS ROE = 16.4%
Found in Company’s Annual Report under ‘Financial Performance Summary’ or under ‘Financial Ratios’.
(www.morningstar.com or www.moneycentral.com under ‘Key Ratios)
Criteria #6: Low Capital Expenditure (CAPEX) Required to Maintain Current Operations
To measure this look at ‘Free Cash Flow’, which is the amount of cash a company is left with after it deducts all capital expenditures and Cash Flow from Operations (found under the statement of cash flows).
Free Cash Flow = Cash Flow from Operations – Capital Expenditures
TIENS Free Cash Flow = $12.94 Millions - (-$7.81 Millions) = $20.75 Millions
(www.morningstar.com under ’10-year Cash Flows’ section)
If (‘Free Cash Flow’ / ‘Sales Revenue’ > 5%) it is considered a great company with lots of cash left over.
TIENS Free Cash Flow = $20.75 Millions
TIENS Sales Revenue = $66.79 Millions
The ratio of Free Cash Flow / Sales Revenue = 31.06% which means TIENS have abundant cash left.
Criteria #7: The Management is Honest & Competent at Capital Allocation
Management keeps a substantial portion of their wealth in company stock. (Mr. Li Jinyuan holds 92.3% of TIENS stocks. Total of 65,835,000 shares with a combined worth of $220,547,248)
Minimizes unnecessary executive luxuries thereby minimizing costs of operations. Relatively low basic salary with high performance incentives (Mr. Li Jinyuan's annual salary is $166,660. approximately $13,900 per month. This is considered very low salary for a CEO)
Long-term focus. Rather maintain or increase short term investment costs (lower short term profits) in order to ensure long-term increase in shareholder value.
Reports financial honestly, takes responsibility and admits mistakes. (Can check this at their financial reports online)
How many shares each of the directors hold – annual report under ‘proxy statement’ or ‘corporate governance section’. (Refer above)
Look at the compensation packages and executive perks given to senior management. – under ‘proxy statement’ or ‘corporate governance section’. (Refer above)
If the company passes all the seven criteria, it means that it is a good business and should have the potential of increasing in value of the years.
I think TIENS Group have passed all the criteria with flying colors. What do you think? Facts and data speak louder than words i may say. This is how The Richest Man in the world determines a great company from the others. I think i will follow him and not skeptics around me. What about you?
Posted by William K at 8:42 AM 0 comments
Labels: Tiens
Monday, February 25, 2008
TIENS Co-Branding Mobile Operator
Dear fellas,
I've just gotten the latest information about Co-Branding between TIENS and SMART, a local mobile operator. I'll put up the information in the form of pictures so you can click and save and send it to more friends. The calling rate is among the cheapest I've ever seen in town. Also notice the phone packages. It's pretty CHEAP!! Will be getting one for myself. : ) Here goes!!
Posted by William K at 12:48 AM 0 comments
Labels: Tiens, Tiens Mobile
Tuesday, February 19, 2008
Former Vice Chairman Tomur Dawamat Visited Tiens Group
Between April 6th and 7th, Mr. Tomur Dawamat, former Vice Chairman of the National People’s Congress (NPC) and his wife paid a two-day visit to Tiens Group and Banner Store. Other visitors accompanying the former Vice Chairman were Abuniyaz, Director of Bureau of Cultural Affairs of Xinjiang Uygur Autonomous Region and his wife, and three other well-known Uigurian directors including Urmar Shayimu, Mehmetrozi and Muhetar Bogra.
On April 6th, President Li Jinyuan introduced the overall situation and development plan of Tiens Group to Mr. Tomur Dawamat and his group. Mr. Tomur Dawamat expressed appreciation for TIENS’ achievements and social charity and public welfare in the past years, in particular, its contributions to charity and public welfare in Xinjiang Uygur Autonomous Region and other minority regions of China.
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| President Li Jinyuan, Mr. Tomur Dawamat and his wife, and Mr. Zhang Yuanlong, Vice Director of Tianjin NPC | President Li Jinyuan, Mr. Tomur Dawamat and other visiting leaders | Vice Chairman Tomur Dawamat and his group visited the automatic production workshop |
In the afternoon, accompanied by the leaders of the Tianjin NPC and President Li Jinyuan, Mr. Tomur Dawamat visited the exhibition hall of Tiens Group. The group watched a film of the Tiens Group Today and visited the company’s automatic production workshop. Later, the former Vice Chairman and others visited the nearby Tianshi College, newly-built Office Block D and the construction site of the TIENS International Healthcare Industrial Park.
In the evening, employees of Tiens Group presented a wonderful performance featuring Xinjiang flavor for Mr. Tomur Dawamat and other honored guests and leaders. The outstanding performance brought the evening to an exciting climax. The guests couldn’t help joining in the performance, singing and dancing with the performers.
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| President Li introduced TIENS International Healthcare Industrial Park to VC Tomur D. | The former Vice Chairman and the group visited Banner Store | President Li, Mr. Zhang Gaoli, Secretary of CPC Tianjin Committee, Mr. Tomur Dawamat and his wife |
On the morning of April 7th, former Vice Chairman Tomur Dawamat and his party set out from Tiens Group to Banner Store. In the training hall of Banner Store, President Li Jinyuan talked about the strategic development plan of Banner Store. At 11 am, the former Vice Chairman and other group members finished their visit to Tiens Group. Accompanied by leaders of the Tianjin NPC and President Li Jinyuan, the group headed for the Tianjin Guest Hotel, where Mr. Zhang Gaoli, Secretary of the Tianjin Committee of the CPC, had a talk and dinner with the former Vice Chairman.
Posted by William K at 11:15 AM 0 comments
Labels: Tiens
Monday, February 18, 2008
Brand New TIENS: TIENS 2nd European Convention
On the weekend 1-3rd February 2008, distributors from all over Europe and guests from other regions were invited to the 2nd European Convention in Budapest, Hungary. The theme for the whole weekend was "Brand New TIENS", reflecting the innovation and development in the Europe region and celebrating the fantastic new TIENS branding.
The 2nd European Convention opened with a magnificent VIP dinner for over 100 top distributor and qualifiers at the Budapest Museum of Applied Arts. All attendees were honoured with the presence of TIENS President Li Jinyuan who held the opening speech, Mr. Richard Berry, Chairman of the FEDSA and Executive Director of the UK DSA, as well as Ms. Eva Rajki, Secretary General of the Hungarian DSA. TIENS Europe was represented by the Region Vice Presidents and the Region Directors.
Saturday the 2nd of February was reserved for the big convention -- "BRAND NEW TIENS". 2.500 distributors from over 20 countries came to see a combination of inspiring speeches, entertainment, recognition, training and introduction of new tools. Hosted by the Region VPs Fan Li and Dan Andersson and appreciated through the presence and participation of President Li, Richard Berry and Eva Rajki, the event marked another milestone in the development of TIENS Europe.
Speeches from President Li and the other VIP guests provided strategy and guidance for the year ahead and the European Sales & Marketing chain introduced the new training presentation pack and systems as well as TIENS' new branding and the merchandizing materials available.
Country Manager of Croatia and the Country Manager of Hungary hosted the show and celebrated with the audience the success of the European distributors in a grandiose awarding ceremony. Crown of the show was the giving out of the 2007 Car Awards by President Li.
To celebrate the distributors' success in 2007 and inspire everybody for 2008, the room was changed after the day and set up for a party with distributors and staff together chatting, laughing and dancing.
Sunday, the 3rd of February was dedicated to Training and again the region was highly honored with President Li Jinyuan giving an unscheduled very inspiring and highly memorable keynote training.
All attendees took new motivation and energy from the event to work even harder and reach higher goals in 2008. President Li announced the next European Convention to be held in November with 10,000 attendees and more great prices.
Posted by William K at 8:34 PM 0 comments
Labels: Tiens, Tiens Europe
Sunday, February 10, 2008
Mr. Li Jinyuan at the 12th WFDSA CEO World Congress
Preface: At 9 a.m. on 17 October, Beijing time, Tiens President Li Jinyuan boards the plane for London to attend the 12th WFDSA World Congress and WFDSA CEO Council.
Monday 17 October, London time
At 4:30, p.m., President Li arrives at London Heatthrow Airport. Mr. Paul Theriauilt, Tiens Vice President & General Manager of Tiens Europe Region, and Manager of Tiens UK, greet him.
At 5 p.m., President Li arrives Hilton Hotel where is the congress’ venue by a Phantom.
Tuesday 18 October, London time
At 2:30, p.m., Mr. Paul Theriauilt on behalf of Tiens Group attends the US DSA International Council Meeting.
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As Tiens Group is the only WFDSA member in mainland China and the only platinum sponsor of the congress in mainland China, President Li attracts great attention from all parties. Reporters from CCTV and Xinhua News Agency in London interview President Li at the hotel.
At 6:30 p.m., President Li attends the Cocktails of WFDSA CEO Council.
At 7:30, President Li is present at the Welcome Dinner of WFDSA CEO Council, and has a talk with Avon CEO Andrea Jung and NuSkin CEO Truman Hunt.
Wednesday 19 October, London time
WFDSA CEO Council Meeting
At 9, a.m., President Li is present at the WFDSA CEO Council Meeting.
As the highest decision-making organization of WFDSA, WFDSA CEO Council Meeting holds a meeting every 9 months to discuss the hot issues in the direct selling industry in the world, constitute and approve the policies of WFDSA.
This year, 35 CEO from all over the world assemble in London to discuss important affairs such as reform of FEDSA.
After the council meeting in Beijing, this is the second time for President Li to attend the meeting. As the only entrepreneur in mainland China, President Li receives great attention from all audience. His wonderful speech, especially his original opinion on the prospect of international direct selling and new business pattern of direct selling, is widely recognized by the present entrepreneurs.
Wednesday 19 October, London time
WFDSA World Congress XII
At 2:30 p.m., brilliant performance serves as a prelude to the 12th WFDSA World Congress. Jerry McDonald and Paul Southworth of UK DSA as host for the congress deliver the Congress Opening Spectacular and Welcome Address.
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| Brilliant performance | President Li and Andrea Jung, CEO of Avon. |
At 3 p.m., Dick DeVos, outgoing Chairman of WFDSA, delivers the Opening Address.
At 3:20 p.m., Neil Offen gives a report on WFDSA Update.
At 3:40 p.m., Andrea Jung, CEO of Avon, gives a speech of ‘Bridging the World’.
At 7 p.m., President Li, together with others, coaches depart Hilton Park Lane to Guildhall Dinner at the Guildhall
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Thursday 20 October
At 8 a.m., WFDSA CEO Council members have buffet breakfast with Mikhail Gorbachev, Nobel Peace Prize Winner, in the 28th floor at Hilton Hotel. During the time, President Li meets Mr. Mikhail Gorbachev, and presented him a badge of 2008 Beijing Olympic.
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| President Li and Mr. Mikhail Gorbachev |
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At 9:15 a.m., President Li and other WFDSA CEO Council members attend the keynote address given by Mr. Mikhail Gorbachev on invitation.
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| Mikhail Gorbachev is delivering a keynote address. | President Li Jinyuan is giving a speech. |
Friday 21 October
From 9:15 to 10:30 a.m., CEO Panel
At the CEO Panel, the final keynote address of the 12th WFDSA World Congress, wonderful addresses of three top entrepreneurs push the meeting to a climax. The three are President Li Jinyuan, Mr. Truman Hunt, CEO of NuSkin& new Chairman of WFDSA, and Mr. Peter Saunders, CEO of The Body Shop. After Truman Hunt’s speech, President Li on behalf of Tiens Group stepped on the stage. In the following 20 minutes, he analyzed and expounded the direct selling industry’s opportunities and challenges, future development, and direct selling companies’ self-discipline, abiding by the business ethics, building direct selling brands and enhancing the corporate image. His speech won the impassioned applause from 620 direct selling executives in 52 countries.
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| President Li Jinyuan is present at the CEO Panel. | Peter Day from BBC is giving a speech. |
At 2:15 p.m., Peter Day from BBC delivers a wonderful speech of “The Heartbeat Economy”.
At 2:45 p.m., Truman Hunt, new Chairman of WFDSA, gives closing remarks.
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At 3 p.m., the 12th WFDSA World Congress Closing Ceremony is held.
At 3:20 p.m., some people give farewell address.
At 6:45 p.m., all people attend the cocktails.
At 7:30 p.m., Gala Dinner is held.
Posted by William K at 2:32 AM 0 comments
Labels: Tiens
TIENS sponsors Beijing Olympics 2008
David Liu is the managing director of Weber Shandwick in China. With offices in Beijing, Shanghai and Guangzhou, the agency works with well-known multinationals such as ExxonMobil, General Motors, Microsoft and Nike, and top Chinese companies such as TIENS International. Liu recently spoke to CW contributor Silvia Cambid about the communication prospects and challenges involved in the 2008 Olympic Games in Beijing.
Q: What does it mean for China to host the 2008 Olympic Games? And how will China's economy and society benefit as a consequence of the Olympics?
A: The year 2008 is to Beijing what 1988 was to Seoul and 1964 was to Tokyo: a date to showcase the nation's development to the global community. There is still a stereotype about China that is outdated. For those people who have never visited the country for themselves, the Olympics is a good opportunity to discover the real China. Over the last decade, foreign media coverage of China has gradually shifted from an emphasis on politics to an emphasis on economy and culture. It is not 100 percent positive--there is still some fallout from SARS and recent concerns about food exports. Beijing has steadily moved into a position where it can set the terms of the discussion beyond touchy subjects like governance. The Olympics is the venue where Beijing plans to jump from neutral to positive coverage in international media. Headline news about Chinese basketball player Yao Ming [who plays for the NBA's Houston Rockets in the U.S.] is a good example of the positive attention Beijing seeks. Not only does it speak of direct economic value for Chinese bands, but cultural coverage contributes to China's growing supply of "soft power." Much like Japan and South Korea, which have built international recognition and interest based on comics, films, pop music and sports like karate, Beijing hopes to establish a worldwide China "fan base" that is enthusiastic about the products of Chinese culture and economy.
Q: What impact are the Olympics likely to have on China's censorship and control of the media and the Internet?
A: Authorities have ensured that access to foreign media will meet international standards in a nine-point document titled "Regulations on Reporting," released last year. In the sports arena in particular, China has nothing to hide and wants all cameras on its gold-medal moments. Beijing knows better than anyone what it has to gain and what it has to lose from baring it all. Apparently, leaders calculated before making the Olympic bid that opening China tip for all to see was a challenge worth taking. A country holding to a tight censorship policy simply would not have pursued hosting the Olympics. So I think it is a signal that China is prepared to give transparency a chance.
[ILLUSTRATION OMITTED]
This is part of a trend that began when Hu Jintao rook office. In recent years the government has allowed a formerly unprecedented amount of media access, but the approach to change is gradual. In many ways, the government seems to have recognized the power of the media and wants to leverage it as a tool to supervise provincial and local officials, such as during the SARS crisis.
It is also important to keep in mind that Beijing 2008 will he the first Olympics of the Web 2.0 era. User-generated blogs and video are tricky to control. On the other hand, such interactive content has proven extremely effective at marketing to young audiences of sports enthusiasts--Olympic marketers' prime target. Weber Shandwick recently conducted a campaign for Nike in which we cooperated with Internet portals and influential bloggers to promote a basketball tournament in Beijing and build a loyal customer base. In short, the benefits of allowing the full power of social media to make the Olympics really resonate far outweigh a safer censorship-based approach.
Q: What is the message contained in the games' slogan "One World, One Dream"?
A: I think this slogan was chosen to portray China as a country that wants to play a positive leadership role in the global community. A lot of China's attributes put it in a category by itself: the world's largest population, the world's fastest-growing economy, etc. These facts are great for getting in the Guinness World Records, but they also make some people afraid. China does not want to be perceived as pursuing superpower status. So "One Dream" says Chinas goals are for the good of the world, not just China.
Q: The Beijing Olympics have drawn the attention of the world to some of China's biggest problems: rampant pollution, the violation of human rights and high levels of income inequality. How is the country coping with this unfavorable publicity?
A: It is not easy. Weber Shandwick recently conducted extensive research on how global business leaders view corporate reputation; those same business leaders reckon that managing a country's reputation is much more difficult. But some of the principles remain the same. For example, our research found that consumers' attitudes toward corporate apologies were received with skepticism, while high numbers (76 percent) of respondents said that announcing specific actions the company will take to fix the problem was the best step toward recovery. China has certainly taken this route. Though officials' hesitancy to apologize sometimes approximates a cover-up, every recent crisis--once exposed has been followed by swift action. The high-profile ouster and even execution of top officials on corruption charges are evidence of this. People in China are aware of the issues in their country, and many perceive the central government as a force for change. The most critical message to make this strategy work, in China's case, is to be perceived as a work in progress, a quickly developing country that has made phenomenal strides and is still improving.
Q: What opportunities are the Olympics offering to foreign brands present in China? And to those interested in entering China?
A: Chinese people really take pride in their right to hold the Olympics. Because the Beijing Olympics are really a national effort, any affiliation carries the brand value of a government endorsement, so brands that associate with the Beijing Olympics will be trusted. Olympic affiliation in other countries may not have this kind of impact. In some areas of China, people may not even be aware of famous Chinese brands. So this is especially an opportunity for multinational companies in China to make themselves known.
One such example is the brewing industry. Chinese breweries have the advantages of name recognition, loyal client base and lower prices. Budweiser took advantage of another big-name sports event, the 2006 FIFA World Cup, to make its name known to Chinese consumers. Though the event took place in Germany, the American brand bet that millions of Chinese football fans would be watching and used Chinese characters for their advertising on the field. It was a first for an international brand outside China, and Budweiser scored big points with Chinese media and consumers.
Q: If you were to offer advice to an organization planning to use the momentum created by the Olympics to do business in China, what would that be?
A: First, since Olympic sponsors enjoy exclusive rights in their own category, we suggest to our clients that are not Olympic sponsors to promote their brands in other ways. Sponsoring star athletes or famous sports teams is an efficient way for non-Olympic sponsors to raise their brand profile. Second, the sports-sponsorship equation offers an unparalleled opportunity to athletic brands. China is a rising sports powerhouse, but sports marketing is still at the starting line.
The nationwide government-backed push to promote the Olympics will provide a boost to local and foreign athletic brands, as the overall market for sports products increases. Finally, it is important to partner with a public relations company that understands the Chinese market and can create consumer-focused campaigns. Weber Shandwick has had great success rallying customers for Nike's new products because we engaged consumers, even rolling out sports tournaments across multiple major cities that allowed the client to interact directly with its customers.
Q: Will Chinese brands be effective at entering the global marketplace through their involvement in the Olympics?
A: Chinese companies like Lenovo have already scored sponsorships and strong affiliations with the Olympics. But even those who are not official sponsors have gained credibility through an affiliation with the Olympics. A survey conducted by a Chinese daily and a market research institute found that Chinese respondents identified Li-Ning as a Beijing 2008 sponsor. Even though it is not an official sponsor, the sportswear giant has ramped up efforts by being the official sportswear supplier for several national teams. Li-Ning has made international inroads by being the sportswear supplier of the Sweden Olympic Games Organizational Committee and National Basketball Team of Argentina. It is sate to assume that Li-Ning will step up its advertising ahead of Beijing 2008.
A good example of Asian brands using the Olympics as a springboard is Samsung, which began its involvement with the games at the Sydney Olympics in 2000. Before this time, it was seen as a Korean brand. Since then, Samsung has grown into a truly global brand. The key was high-profile sponsorship combined with high-quality products. Samsung went on to sponsor activities such as the FIFA World Cup, but it carried through with innovative product lines. Chinese brands will also need to take this long-term view of Olympic marketing to be ultimately successful.
Q: Are the Olympics likely to change the way China communicates with the rest of the world?
A: I think it will change the way the world listens to China. A lot of communication is based on how the communicator perceives m be judged. China is putting its best foot forward in 2008. How the world responds may determine the country's next step.
In previous Olympic bids, Beijing was said to come across as very bureaucratic, delivering the message it wanted to communicate instead of what the audience wanted to hear. But after narrowly losing one bid, Beijing altered its communication strategy. In making its pitch for 2008, Beijing showed the Olympic Committee that it had learned to use the language that the international community uses. China has already begun to change the way it communicates with the world.
The innovation today is Web 2.0, which allows people all over the world to interact. The Chinese are already active on the Web, with a recent report by the China Internet Network Information Center pegging the population of Internet users at 162 million. At the current growth rate, the country is on track to overtake the U.S.'s 211 million Internet users in about a year. Chinese netizens already spend much more time online than many other countries in the world, 18.6 hours per week.
With all eyes on China next year, the Olympics are sure to spur greater interest in the country. But instead of purchasing a plane ticket, most people's first reaction will be to go to Google, Wikipedia or the blog of some Chinese college student. The Internet is putting China in touch with the world, and the Olympics will give the world something to talk about.
Air pollution a concern for games
Like many major cities, Beijing struggles with maintaining air quality. But with the 2008 Olympic Games less than a year away, the challenge is even greater. In August, Jacques Rogge, head of the International Olympic Committee, warned that poor air quality might force the postponement of some events, particularly endurance sports such as cycling.
How significant is the problem? Besides the potential impact on the games, the fiscal costs of pollution have been estimated at 5.8 percent of China's gross domestic product, according to the World Bank. (The Chinese government pegs the effects at 3 percent of GDP.) There's a human toll as well: The World Bank and the Organization for Economic Cooperation and Development say that unless something is done by 2020, more than 60,000 people in China will die prematurely every year as a result of pollution, and millions will suffer from pollution related respiratory illnesses. Leaders in Beijing have said they're working on it, but there has been little measurable change, according to the BBC. Some factories have been shut down or relocated outside the city. The greater problem is the number of cars on Beijing streets. In an August test, the city banned more than a million cars--about one-third of the total number of cars typically on the road--for four days. Monitors found that doing so did improve the air quality to a point that it was "fit for all activities, including sports," according to one city official.
Whether the test will be repeated and how Beijing will implement similar controls during the games haven't been determined, but it's clear that clear skies are key not only to the health of the athletes but to that of the general population as well.
Article can be found HERE
Posted by William K at 2:27 AM 0 comments
Labels: Tiens
Wednesday, January 23, 2008
TIENS CEO Mr Li Jinyuan Meeting with Microsoft COO Mr Kevin Turner
On December 12th, 2007, Mr Li Jinyuan, CEO & President of Tiens Group, accompanying by Vice President & General Manager of Global IT Center Mr Yan Yupeng, had a formal meeting with COO of Microsoft Mr Kevin Turner in the headquarter of Microsoft’s Greater China Region in Beijing. (Mr Turner is responsible for the strategic and operational leadership of Microsoft’s worldwide sales, marketing and services organization. Along with Bill Gates, Steve Ballmer and five other senior executives, Mr Turner serves on the Senior Leadership Team that sets the overall strategy and direction for Microsoft.) Mr Eugenio Beaufrand, Microsoft Vice President and COO of Greater China Region, Mr Arics Poon, General Manager of Microsoft Enterprise & Partner Group in Greater China Region, and the other two executives of Greater China Region also attended the meeting.
Tiens Group and Microsoft have entered a full scale strategic cooperation since 2006.The projects based on two companies’ cooperation include Global implementation of Dynamic ERP for our supply chain management systems, Global order entry and its process flow management system using Biztalk, MOSS & Exchange, Global Finance & Inventory Integrated Forms System based on MOSS and SQL Server, and Network efficiency solution using Win 2008 Terminal Server, etc.
Mr Li Jinyuan briefly introduced the 12-year development and global achievements of Tiens Group at the beginning of the meeting. As the vanguard of direct selling industry, Tiens Group has established branches in 110 countries, with its business covering over 190 countries and 12 million families worldwide as its stable consumption and operation group. Tiens Group has accumulated plenty experience in global operation as well as operation process after 12 years development. However, Tiens Group keeps innovating in direct selling industry, taking the lead in applying the new business modes like "joins (Direct Selling) in one country, benefiting globally", "integrates stores within a network and a network within the stores", and "New Exchange and 6 interactive Networks Theory" etc. Tiens Group has invested in IT heavily. Since 1997, Tiens has worked with many IT companies to implement its systems like ERP, CRM and E-commerce. Hundreds of millions of dollars has been invested in this area. However, up to now, no IT partners or companies can help Tiens solve its problems by supplying an integrated solution for Tiens branches in 110 countries. Microsoft Corporation is an innovative, fast-growing multinational company; Tiens Group is willing to share its industry experience and resources in over 190 countries with Microsoft, together building a standardized IT solution for the healthy development of direct selling industry and providing the customers with value-added services.
Through Mr Li Jinyuan’s explanations, Mr Turner has expressed great admiration at the rapid pace of Tiens global sales growth as well as its development strategy and innovative sales mode. Both parties hope that with the combination of Tiens global resources and Microsoft’s R&D experience as well as its leading position in software industry, the two companies would set up a standardized IT solution for direct selling industry with the mutual development.
Lastly, the high level meeting ended on a joyous note with Mr Li Jinyuan and Mr Turner exchanging mementos, in anticipation of a stable partnership ahead.
Posted by William K at 10:04 AM 0 comments
Labels: Tiens
Tuesday, December 11, 2007
Tiens Prepaid Mobile (One World One Tiens)
Check out what I just FOUND!!!
Yes!! You guessed it right! Tiens Australia just released their own prepaid mobile card. How cool is that. Now for those of you who has Friends and relatives in Australia. Please let them know the Great News! I'll just post here some of the requirements from the flyer
"TIENS pre-paid SIM card is a great way to stay in touch with friends and family both nationally and internationally. TIENS SIM card is perfect for those who love to chat and text, anywhere at anytime. TIENS offers excellent phone call rates for consultants as well as acquiring BV points for using your phone, so now you can talk for longer whilst increasing your wealth."
TIENS International
You are now able to call anywhere in the world whenever you want at competitive prices! There
is no need to sit around and wait for the right time to call! For more information on International
tariffs, please see examples of the the current International tariffs on the reverse and for all
countries please refer to our web site www.tiens. com.au
Purchase a $50 SIM Starter Pack Item Code (SIM003) by calling Tiens Customer Service
1300 723 385 to place your order. We will dispatch your SIM card in the mail to you.You can retain your existing mobile phone number if you wish by completing a transfer form that allows your existing mobile number to be transferred to the Tiens communications network. You will receive 25BV for your SIM purchase.
Recharge Vouchers:
When it come time to recharge your phone you can choose between two incredible Tiens recharge vouchers with BV attached. A $30 (15BV) voucher Item code SIM001 or $50 (25BV) voucher Item Code SIM002 can be purchased by placing an order through Customer Service by calling 1300 723 385 so you can talk for longer and at an affordable price.
Tiens Recharge Service
You can now recharge your TIENS SIM card over the phone. TIENS customers’ are able to recharge their SIM a specified amount, simply by calling our 1300 309 883 number Monday to Friday 9am – 5pm. In the future your will be able to recharge your mobile phone online via our website.
Posted by William K at 11:23 AM 0 comments
Labels: Tiens, Tiens Australia, Tiens Mobile
Monday, December 10, 2007
Hey Millionaires,
Good to know Business is BOOMING! Want to know why? Check this video out!!
A lot more people have testified. Check HERE!
So What are YOU waiting for?
Posted by William K at 3:57 AM 0 comments
Labels: Tiens
Sunday, December 02, 2007
Chinese firm Tiens Group to help build schools in Tanzania
Tanzania is among African countries which will soon benefit from funds to be donated by a giant Chinese company, Tiens Group to help build primary schools. This was revealed here by the Group president, Li Jinyuan amidst more than 5,000 delegates from all over the world attending the Tiens International Convention 2007, which ended recently in the Kenyan capital. President Jinyuan said his company would also disburse money to assist HIV/Aids orphans in African countries, Tanzania being one of the recipients. �This is in respect of our company�s policy of returning part of our profits to the society,� noted President Jiyuan. However, Jinyuan who is also the founder of Tiens Group in Tianjin, China in 1995 did not mention the exact amount of money to be donated by his company. �These donations will be conducted between Tiens and the respective presidents and also will be contributed to the local churches,� Jinyuan emphasised. He added that, so far his company has contributed more than USD150m to community charity to assist them in various areas of development. Tiens Group is a multi-national enterprise involved in production, marketing, logistics, finance, tourism, education, international trade and international health industrial park. Jinyuan further clarified that, after 12 years of rapid growth, Tiens Group constructed a successful global marketing system that covers six regions. He named them as China, Asia-Pacific, Europe-Asia, Europe-America, Africa and Latin America. Jinyuan, encouraged Chinese enterprises to penetrate international markets and create mutual benefits for the nations and citizens. He reiterated the slogan of the convention `One Tiens One Dream� by reviewing the achievements of the Group over the last 12 years and expounding on prospects for future development. Among the delegates were from Kenya, Uganda, Ghana, Democratic Republic of Congo (DRC) and Nigeria. During the ceremony which took place at the Moi International Sports complex, Kasarani Gymnasium, Nairobi, top ranking Tiens Group distributors, were awarded various prizes ranging from villa packages, luxury cars, private plane and yachts as recognition for their contribution. The awards included 60 private planes, 52 yachts and 158 luxury cars. After the convention 2007, the delegates also attended a forum on Drugs and Food Quality and Safety convened to discuss among other things, efforts of bringing in safe and quality economic Chinese medicine and health to Africa. Senior officials from Kenya, quality control departments, health departments and food departments of various African countries, were present during the forum. This was the first time for the Group to hold an international convention of such magnitude in Africa. The next convention will be held in Abuja, Nigeria in 2009.
SOURCE: Guardian
Posted by William K at 10:13 AM 0 comments
Labels: Tiens, Tiens Tanzania
Monday, November 19, 2007
Posted by William K at 10:03 AM 0 comments
Labels: Awakening Seminar, Tiens
Tuesday, November 06, 2007
Tianshi Group plans to open its BannerStores worldwide
BEIJING, Feb. 9 (MingFinance) – Tianshi Group, the parent company of Tiens Biotech Group USA (AMEX:TBV), aims to penetrate into the global retailing industry through its wholly-controlled BannerStore.
BannerStore opened its first store in Tianjin recently and plans to open 40-50 chain stores in Northern China and Russia this year, and 3,000-4,000 leased-and-operated stores or franchised-and-managed stores worldwide in the coming three years.
Beijing-headquartered Tianshi Group has 105 branches and representative offices worldwide, with sales business covering 179 countries or regions. The group hopes to combine the advantage of direct selling and retailing together, in a bid to establish BannerStore as a world-leading retailing enterprise.
The chain store will sell specialty products worldwide and comprehensive commodities, according to BannerStore president.
Tianshi Group is a direct selling company mainly in advanced biotechnology, but its license for direct selling is still under examination and approval procedures.
Some industry insiders guess that Tianshi is transferring direct selling business by means of launching chain stores.
Posted by William K at 7:17 AM 0 comments
Labels: Tiens, Tiens Banner Store
Monday, September 10, 2007
Meet the challenge and make a breakthrough! — The opening ceremony of Tianshi Malawi Branch
On the 17th of March 2007, Tianshi Malawi Branch hosted an opening ceremony at the Capital City Motel in the capital of Malawi, Lilongwe.
At 11 o’clock, there were about 300 people, which included Tianshi distributors from Zambia, Namibia, Zimbabwe, Tanzania and Malawi and other friends from Lilongwe attended the ceremony.
Branch Manager firstly had a speech and introduced Tianshi’s developing strategy in Malawi.
Tianshi African Division Vice President and General Manager Southern African Division also attended the ceremony to celebrate it. With clapping, the local guest, General Manager and Branch Manager announced the opening of Malawi Branch together which announced the official running of Tianshi Malawi Limited.
Then one of the senior distributor leader had a speech about Tianshi business and products which was welcomed by the attendees.
Malawi is based in Mid Africa. The square measure is 120000 km2. The population is 1060 million, which is one of the most population densities in Africa and also one of the poorest countries in the world.
Since 1999 Tianshi started developing in Southern Africa, there are already Tianshi Branches built in the neighbor countries. In order to have better development and service, Tianshi Southern African Division had already put Malawi Branch in the 2007 working plan. After about 3 months of preparation, Tianshi Malawi Branch starts running officially on 17 March. We believe that after the development in 2007, the Malawian market will be the new sales increasing point in Tianshi Southern Africa.
Contributed by South Africa Division
March 20,2007
Posted by William K at 10:39 AM 0 comments
Labels: Tiens, Tiens Malawi
Investors from Mainland China on Saturday launched a multi-billion kwacha healthcare company called Tianshi in Lilongwe which will, among other things, produce products like immune system boosters for HIV and Aids infected people.
Tianshi, which has investments in at least 200 countries and is listed on stock exchanges in the United States of America, Singapore and Shanghai-China, manufactures and distributes a wide range of health products which work for various ailments common nowadays.
Launching the company, Zimbabwe High Commissioner to Malawi Thandiwe Dumbutchena encouraged Malawians to utilise the company saying she had already started using Tianshi products to help herself get slim.
“Try the products. They are perfect,” she said.
Tianshi Malawi branch manager Zhang Edden Xinwen said the company has several products including a wide-range of nutrients which when taken heal or prevents breast cancer, colon cancer and other types of cancer.
The company also makes products which heal and prevent high blood pressure, diabetes, strengthens the heart and blood vessels.
Among other things, Tianshi also provides products which help people look younger as some of the nutrients help people achieve younger skin.
Tianshi asked Malawians to use its products and register as members at a fee of K3,000 to access the products at lower prices.
Taken from Here
Posted by William K at 10:21 AM 0 comments
Labels: Tiens, Tiens Malawi
Tuesday, September 04, 2007
Tiens And Chang Gung Biotechnology Corp NEWS
Posted by William K at 7:12 AM 0 comments
Labels: Tiens, Tiens Taiwan
Here is a detailed bonus of Mr. Louis Tendean since he started the business until September 2002
November 2000 : *3 -> Rp 1.096.720,- (RM 421.81)
December 2000 : *3 -> Rp 915.930,- (RM 352.28)
January 2001 : *4 -> Rp 1.642.830,- (RM 631.85)
February 2001 : *5 -> Rp 1.768.175,- (RM 680.06)
March 2001 : *5 -> Rp 1.166.240,- (RM 448.55)
April 2001 : *5 -> Rp 2.548.830,- (RM 980.31)
May 2001 : *5 -> Rp 1.920.350,- (RM 738.59)
June 2001 : *5 -> Rp 2.161.610,- (RM 831.38)
July 2001 : *6 -> Rp 6.525.360,- (RM 2,509.75)
August 2001 : *6 -> Rp 6.561.390,- (RM 2,523.61)
September 2001 : *6 -> Rp 8.144.140,- (RM 3,132.36)
Oktober 2001 : *7 -> Rp 18.820.170,- (RM 7,238.52)
November 2001 : *7 -> Rp 20.541.070,- (RM 7,900.41)
December 2001 : *7 -> Rp 15.295.920,- (RM 5,993.04)
January 2002 : *7 -> Rp 18.741.990,- (RM 7208.45)
February 2002 : *8 -> Rp 38.920.900,- (RM 14,969.97)
March 2002 : *8 -> Rp 54.257.100,- (RM 20,868.11)
April 2002 : *8 -> Rp 75.365.100,- (RM 28,986.57)
May 2002 : *8 -> Rp 73.397.980,- (RM 28,229.99)
June 2002 : *8 -> Rp 78.986.690,- (RM 30,379.49)
July 2002 : *8 -> Rp 70.872.090,- (RM 27,258.49)
August 2002 : *8 -> Rp 62.325.040,- (RM 23,971.16)
September 2002 : *8 -> Rp 66.746.800,- (RM 25,671.84)
conversion rate RM 1 = Rp 2,600
Hope you guys can use this as a guideline for your business performance.
Posted by William K at 6:38 AM 0 comments
Labels: Tiens
Saturday, August 25, 2007
Rwanda: Ministry Okays Tianshi
James Buyinza
Kigali
Tianshi health operations have been re-opened after fulfilling the requirements of the ministry of Health.
Viatuer Mutanguha, the Coordinator of Pharmacy Taskforce in the Health ministry, said in an interview yesterday that the ministry has allowed Tianshi shops to re-open.
He however said that the drug company was asked not to put people's health at risk.
"We inspected all their shops in Kigali City and they did all we asked them to do; we do not have problems with them so long as they don't violate the agreed-upon conditions," Mutanguha explained.
He said the ministry gave Tianshi guidelines that should not be violated.
He said that Tianshi fulfilled the minimum requirements before reopening.
The conditions include separating cosmetic shops from herbal products and preparing monthly report sabout the distribution of their products; avoiding any form of advertising of Tianshi products and stopping all training programmes till the ministry approves the contents of their messages.
Asked about the fate of Forever Living Products, another drug company, Mutanguha said that they (Forever) have failed to meet the requirements and for that matter, they are not allowed to carry out their activities.
"We stopped them but they never complied with our directives; we have informed the security organs to assist because we can't sit back when the health of the public is put at stake," Mutanguha explained.
Posted by William K at 12:55 PM 0 comments
Labels: Tiens, Tiens Rwanda
Tiens Friends of United Nation
I've got this letter for Mr. Li Jin Yuan from the President and CEO of Friends of United Nation. Check it out. I think you guys would really be able to see what people with credibility think about TIENS. As I always say, listen to the right people!!!
Click on the image if you want to read more okay guys. Taken from Mr. Fransiscus X. Joko's website at www.fxj.bz
Posted by William K at 11:09 AM 0 comments
Labels: Friends of United Nation, Tiens
TIENS’ business is depending on people networks, and the integration of the social resource gathered from thousand of millions families. We apply ourselves to the search of common interests with our members.
We always believe, once you become a member of TIENS, we will become one family.
Hand in hand, each of TIENS citizens is an indispensable part of TIENS brand.
Side by side, each of TIENS citizens accounts for the greatness of TIENS brand.
Mr.Li Jinyuan, President of Tiens Group
The tri-leaf pattern, like an unfolded world map, is a reflection of TIENS’ strategy of “internationalized” development. Therein, leaves represent the product image featuring “naturalness and health”; the yellow color of the design symbolizes “sunshine” and “wealth” and the green color gives off natural breath of “green earth”.
Three man-shaped patterns, interconnected with each other hand in hand, run across the leaf-shaped pattern in a natural, smooth and extending manner, displaying the concept that TIENS is human-oriented and global TIENS citizens are closely connected.
The whole pattern implies the growing trend of TIENS brand.
The new design is developed on the basis of original color and meanwhile inherits the core asset of TIENS brand, namely, “TIENS”. The whole symbol gives a full representation to the brand’s core — “One world•One family”, the core values characterized with “Extraordinary Innovation”, “Paramount Responsibility” and “Excellent Teamwork” as well as the long-term brand strategy with “Together We Share” as its slogan. With the new design as its new starting point, TIENS will embark on a new journey in building an international brand.
Posted by William K at 10:54 AM 0 comments
Labels: Tiens
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