SPZI: JP3E announces First Shipment of Chicken Paws to China
Rhea-AI Summary
JP 3E Holdings, Inc. (OTC: SPZI) has announced the first shipment of Grade A Chicken Paws to China through its subsidiary, JP Energy Global, PTE, This marks the beginning of a new revenue stream for the company, with the chicken paws sourced from Brazil. The transaction was facilitated by JP 3E's newly launched Trade Finance platform in partnership with Bloxcross, demonstrating the company's innovative approach to global trade.
JP Energy Global is registered with China's General Administration of Customs, ensuring compliance for shipping food products into China. This certification strengthens the company's presence in the Chinese market. The company's leadership sees this as a strategic move that opens up future opportunities in international trade agreements.
The Global Trade Financing Platform, which integrates blockchain and AI technologies, is expected to drive revenue growth for both JP 3E and Bloxcross by increasing efficiency, reducing costs, and improving profit margins.
Positive
- First shipment of Grade A Chicken Paws to China, marking a new revenue stream
- Registered with China's General Administration of Customs, ensuring compliance for food product imports
- Launch of Trade Finance platform in partnership with Bloxcross, streamlining global trade processes
- Integration of blockchain and AI technologies expected to increase efficiency and improve profit margins
Negative
- None.
NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (OTC: SPZI), through its wholly owned subsidiary, JP Energy Global, PTE, LTD, is excited to announce the evolution in its February 2024 commodity contract for Grade A Chicken Paws (https://finance.yahoo.com/news/spzi-jp-energy-global-sets-175300176.html). The first shipment has been loaded and departed in September 2024, for Grade A Chicken Paws to China.
The chicken paws are sourced from Brazil, South America, in what marks the beginning of a new revenue stream for JP 3E. This inaugural transaction, made possible through our newly launched Trade Finance platform in partnership with Bloxcross, highlights the strength of our innovative global trade approach. By streamlining processes, we’re achieving faster, more efficient execution and greatly improving the opportunity to close many more deals of this scale.
JP Energy Global, PTE, LTD is registered with the Overseas Exporters of Imported Foods with China’s General Administration of Customs, ensuring compliance and authorization to legally ship food products into China. This certification solidifies our presence in the Chinese market and strengthens our ability to execute on contracts with precision and transparency.
“Our growing presence in China significantly enhances our ability to execute global trade contracts with key players. This strategic foothold opens up vast future opportunities, positioning us to capitalize on international agreements," said John K. Park, Chairman of JP 3E.
Diego Baez, CEO of Bloxcross, Inc. and CEO of JP 3E, added, "Our Global Trade Financing Platform will continue to drive revenue growth for both JP 3E and Bloxcross. By integrating advanced blockchain and AI technologies, we are increasing efficiency, reducing costs, and improving both gross and net profit margins. This seamless digital platform allows us to lock in terms and indelibly record transactions, ensuring a competitive edge in the global trade market."
This shipment marks a critical milestone for JP 3E as we continue to expand our reach in the global commodity trading market, enhancing profitability and setting the stage for future success.
To receive information on JP3E, sign up for email news alerts at: https://www.jp3e.com/subscription.
For additional information on the Global Trade Financing Platform via Bloxcross, Inc., reach sgallegos@bloxcross.com.
About JP 3E Holdings, Inc.
JP3E is a global leader in commodity trading, known for its innovative approach to optimizing trade processes and solutions across numerous sectors. With a commitment to sustainability and market leadership, JP3E continues to drive new trends and solutions in global commodity markets.
About Bloxcross, Inc.
Bloxcross is at the forefront of financial technology, specializing in blockchain-based solutions for cross-border payments and trade finance. Dedicated to streamlining global financial transactions, Bloxcross provides secure, fast, and cost-effective services to clients worldwide. To learn more about their groundbreaking solutions, visit https://www.blox.global/.
Company Contact:
John K. Park, Chairman and CEO
john.park@jp3eholdings.com
732-241-0598 Office
Websites: https://www.jp3e.com/
https://www.jp3eholdings.com/
Twitter: http://www.twitter.com/SpoozInc
Facebook: http://www.Facebook.com/SpoozInc
E-Mail: info@jp3e.com
Safe Harbor Notice: Certain statements contained herein are “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). The Companies caution that statements, and assumptions made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates made by management. Actual results could differ materially from current projections or implied results. The Companies undertake no obligation to revise these statements following the date of this news release.
FAQ
What is the significance of JP3E's first shipment of chicken paws to China for SPZI stock?
How does JP3E's registration with China's General Administration of Customs affect its business operations?
What is the role of Bloxcross in JP3E's Global Trade Financing Platform?
How might the new Trade Finance platform impact SPZI's future performance?
