Jade Art Group Inc.
JADA
Other OTC0.00
USD
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Jade Art Group Inc.
JADA
(Other OTC)
Recent
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yld
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ROIC.AI
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- Jade Art Group Inc. (JADA) is a Birmingham, Alabama-based investment holding company that focuses on building a multinational enterprise across food, water, technology, safety systems, agriculture, hydroponic grow systems, manufacturing, and energy sectors; it develops robust supply chains encompassing research and development of natural and healthy foods, manufacturing, distribution and supply chain logistics, fast-moving consumer products and goods, retail grocery, technology and software systems, and intellectual property rights for iconic regional and national brands. Through its subsidiary JiangXi SheTai Jade Industrial Company Limited, the company engages in the sale and distribution of raw jade in China, along with jade processing, carving, and polishing activities for use as decorative construction materials in commercial and residential markets and high-end jewelry. Founded in 2005 as Vella Productions Inc. and headquartered in Birmingham with operations in China including Yingtan, Jade Art Group targets commercial, residential, jewelry, and diversified consumer markets primarily in China and the United States. In recent developments, the company signed a stock purchase agreement in July 2022 to acquire Dessert Innovations II LLC, an Atlanta-based baked goods manufacturer producing high-quality products for clients like Nutrisystem using state-of-the-art robotics, with the deal anticipated to close shortly thereafter and integrate as a wholly-owned subsidiary to leverage management's baking expertise; it also established new corporate offices in Atlanta's Promenade Tower in January 2022, occupying an entire 37th floor for expanded headquarters operations, and has pursued strategic shifts including name changes in 2016-2017 and a focus on multi-revenue stream growth through acquisitions and organic expansion in food safety technology and supply chain compliance.