Microalliance Group Inc.
OOTC:MALG1.16
USD
-0.60
(-34.26%)
CIK
1309251
ISIN
US35069H2058
CUSIP
35069H205
Return %
Stock
S&P 500
1Y
15.70
14.20
3Y
14.55
81.12
5Y
240.29
68.34
Capital Structure
USD
•
in mil. unless spec.Working Capital
USD
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in mil. unless spec.Growth Rates
USD
•
in mil. unless spec.Quarterly Revenue
USD
•
in mil. unless spec.Quarterly Earnings Per Share
USD
•
in mil. unless spec.Quarterly Dividends Per Share
USD
•
in mil. unless spec.Company Description
- CEO
- Hong Zhu
- Full Time Employees
- 30
- Sector
- Distribution services
- Industry
- Food distributors
- Address
- Building E Shenzhen China 518000
- IPO Date
- Jun 26, 2006
- CIK
- 0001309251
- Similar Companies
- Business
- Microalliance Group Inc. Microalliance Group Inc. (FHAI) is a Nevada-based holding company incorporated on February 25, 2004, and headquartered at 4th Floor, Building 10, Yantian International Creative Port, Industrial East Street, Shatoujiao Street, Yantian District, Shenzhen, P.R. China. Through its subsidiaries in the People's Republic of China (PRC), including Wei Lian Jin Meng Group Limited (Cayman Islands), Wei Lian Jin Meng (Hong Kong) Company Limited, Jin You Wei Meng (Shenzhen) Consulting Company Limited, Shenzhen Wei Lian Jin Meng Electronic Commerce Limited, Dongguan Dishi Coffee Limited, Shenzhen Nainiang Coffee Art Museum Limited, and Shenzhen Nainiang Liquor Industrial Co., Ltd., the company develops, produces, markets, and sells coffee and liquor products primarily within the PRC. Its core offerings comprise flagship "coffee tea" products, which are innovative specialty coffee blends infused with Chinese black tea taste; premium black coffee and other coffee varieties sold wholesale to retail partners, corporate customers, and directly to consumers via e-commerce channels and franchise agreements; and a curated "Nainiang" liquor line featuring unique "coffee spirit" products fermented from sorghum and coffee beans (with alcohol content ranging from 22% to 42%), alongside premium vintage Baijiu (Chinese grain-based spirits with 40-60% alcohol content) distributed through sales agents, franchisees, and licensed retail stores in cities including Beijing, Shanghai, Shenzhen, Xiamen, Chongqing, Chengdu, Kunming, Foshan, Zhaoqing, Huangshan, Jingzhou, and Baoding. The company operates in the consumer goods sector, targeting retail partners, corporate clients, and individual consumers in the PRC's coffee and liquor markets, with liquor generating the majority of revenues; it emphasizes a limited selection of high-margin, innovative products, brand-building through franchise models, tasting events, and technology-driven operations for order fulfillment, dynamic pricing, and customer acquisition. Geographic focus remains on the PRC, supported by leased facilities including offices, warehouses, manufacturing factories, and stores in Shenzhen and Dongguan. In recent developments, Microalliance Group Inc. changed its name from Fountain Healthy Aging, Inc. on February 7, 2022, to reflect its pivot to coffee and liquor businesses following the February 2, 2021, acquisition of Wei Lian Jin Meng Group Limited via a share exchange for 600 million common shares, and the August 16, 2021, acquisition of 99% of Shenzhen Nainiang Liquor Industrial Co., Ltd. for 9.28 million common shares, expanding its liquor portfolio; no further major acquisitions, partnerships, funding rounds, or strategic shifts have been reported in 2024 or 2025, with ongoing operations evidenced by its June 30, 2025, quarterly disclosure showing 609 million common shares outstanding and active trading under symbol MALG.