Workflow
Ostin(OST)
icon
Search documents
Ostin Technology Group Achieves Outstanding Sales Results During Singles’ Day and December 12 Shopping Festivals
Globenewswire· 2025-01-08 13:30
Core Insights - Ostin Technology Group Co., Ltd. has reported significant sales success for its digital photo frame product, Pintura, during the Singles' Day and December 12 shopping festivals, ranking second on Tmall and Taobao, and third on JD.com and Douyin [1] - The company is expanding its international market presence, launching Pintura products on Amazon in the United States and through its exclusive e-commerce website for overseas markets [2] - The Chairman and CEO of the company emphasized the commitment to product innovation and market expansion to meet consumer needs [3] Sales Performance - Pintura achieved remarkable sales during the Singles' Day shopping festival, ranking second in digital photo frame sales on Tmall and Taobao, and third on JD.com and Douyin [1] - During the December 12 shopping festival, Pintura's online store ranked among the top two digital frame sellers on Taobao and Tmall [1] International Expansion - The company officially launched its overseas operations during the Black Friday season, making Pintura products available on Amazon in the United States [2] - This strategic move is expected to broaden market reach and significantly boost overall sales [2] Company Overview - Ostin Technology Group Co., Ltd. was founded in 2010 and specializes in the design, development, and manufacturing of TFT-LCD display modules and polarizers [3] - The company's products are primarily used in consumer electronics, outdoor LCD displays, and automotive displays [3]
Ostin Technology Group Achieves Outstanding Sales Results During Singles' Day and December 12 Shopping Festivals
Newsfilter· 2025-01-08 13:30
Nanjing, China, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Ostin Technology Group Co., Ltd. (the "Company") (NASDAQ:OST), a supplier of display modules and polarizers in China, today announced that its digital photo frame and display product, Pintura, has achieved remarkable sales during the recently concluded "Singles' Day" and "December 12" shopping festivals. Pintura excelled on various domestic e-commerce platforms, ranking second in the category of digital photo frame sales on Tmall and Taobao, and third on JD. ...
Ostin Technology Group Announces Participation at CES 2025, Inspiring Greatness with Latest Pintura Products at the Premier Global Technology Trade Show
Globenewswire· 2025-01-02 13:30
Core Viewpoint - Ostin Technology Group Co., Ltd. will participate in CES 2025, showcasing its latest innovations and products, aiming to connect with industry leaders and potential customers [1][2][7]. Group 1: Company Overview - Ostin Technology Group, founded in 2010, specializes in the design, development, and manufacturing of TFT-LCD display modules and polarizers, primarily for consumer electronics, outdoor displays, and automotive applications [8]. Group 2: CES 2025 Participation - The company will exhibit at CES 2025 from January 7 to 10, 2025, at booth 22015 in the Central Hall of the Las Vegas Convention Center [1]. - The participation aims to engage with industry experts, share development strategies, and gather insights from global participants [2]. Group 3: Product Highlights - The company will launch Pingo, a portable TV stand with a built-in battery and wireless design, featuring a rollable smart screen with Full HD display [3]. - The Pintura X's Pinpin series will be showcased, which includes an Android app that allows users to crop images for display on multiple screens, creating a video wall effect [4]. - Hands-on product demonstrations will be available for visitors to experience the unique design and advanced technology of the products [5]. - A preview of Pintura's upcoming AI photo editing capabilities will be presented, aimed at enhancing user creativity and accessibility for all age groups [6]. Group 4: Leadership Statement - Mr. Tao Ling, Chairman and CEO, expressed excitement about showcasing innovations at CES 2025, emphasizing the importance of connecting with industry leaders and sharing the company's vision for the future [7].
Ostin Technology Group Announces Update to Effective Date of Reverse Share Split
Newsfilter· 2024-12-24 13:00
Nanjing, China, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Ostin Technology Group Co., Ltd. ("the Company") (NASDAQ:OST), a leading supplier of display modules and polarizers based in China, today announced an update to the effective date of its previously approved reverse share split of the Company's Class A ordinary shares, with the split ratio set at 1-for-10 (the "Reverse Share Split"). The Reverse Share Split was approved by the Company's shareholders at an extraordinary general meeting held on November 25, 202 ...
Ostin Technology Group Announces Effective Date of Reverse Share Split
Newsfilter· 2024-12-19 21:30
Core Viewpoint - Ostin Technology Group Co., Ltd. has announced a reverse share split of its ordinary shares at a ratio of 1-for-10, aimed at regaining compliance with Nasdaq's minimum bid price requirement [1][3]. Group 1: Reverse Share Split Details - The reverse share split will reduce the total number of outstanding Class A ordinary shares from approximately 18.1 million to approximately 1.81 million [2]. - The effective date for the reverse share split is set for December 26, 2024, with trading to commence on an adjusted basis under the existing ticker symbol "OST" [1][2]. - No fractional shares will be issued; shareholders entitled to a fractional share will have their entitlement rounded up to the nearest whole share [4]. Group 2: Compliance and Corporate Actions - The reverse share split is part of the company's strategy to comply with Nasdaq Marketplace Rule 5550(a)(2), which requires a minimum bid price of at least $1.00 per share [3]. - The company has also amended its Memorandum of Association to proportionately reduce the number of authorized shares for issuance and adjust the par value of the post-reverse share split ordinary shares to $0.001 per share [3]. Group 3: Company Overview - Ostin Technology Group Co., Ltd. was founded in 2010 and specializes in the design, development, and manufacturing of TFT-LCD display modules and polarizers, primarily for consumer electronics, outdoor LCD displays, and automotive displays [5].
Ostin(OST) - 2024 Q2 - Quarterly Report
2024-08-24 01:31
Exhibit 99.2 OSTIN TECHNOLOGY GROUP CO., LTD. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED MARCH 31, 2024 AND 2023 (UNAUDITED) F-1 OSTIN TECHNOLOGY GROUP CO., LTD. INDEX TO UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS Condensed Consolidated Financial Statements | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------- ...
Ostin Technology Group Received Additional 180 Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Rule
Newsfilter· 2024-07-24 12:00
Nanjing, China, July 24, 2024 (GLOBE NEWSWIRE) -- Ostin Technology Group Co., Ltd. ("the Company") (NASDAQ:OST), a leading supplier of display modules and polarizers based in China, announced that on July 18, 2024, it received a notification letter (the "Extension Notice") from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has been granted an additional 180-day compliance period, or until January 13, 2025 to regain compliance with the Nasdaq's minimum $1.00 bid price requirement (the "Bid Price Re ...
Ostin Technology Group Announces Resounding Success of Pintura Indiegogo Crowdfunding Campaign and Encouraging Sales in Pintura Products on Chinese E-Commerce Platforms
Newsfilter· 2024-07-10 12:30
Nanjing, China, July 10, 2024 (GLOBE NEWSWIRE) -- Ostin Technology Group Co., Ltd. ("the Company") (NASDAQ:OST), a leading supplier of display modules and polarizers based in China, announces that the crowdfunding campaign launched by its subsidiary Pintura.Life LLC ("Pintura") has achieved remarkable success on the Indiegogo platform. Pintura managed to raise nearly $100,000 in just two months since the campaign launch in March, an impressive achievement showing the high level of consumer enthusiasm for Pi ...
Ostin(OST) - Prospectus
2024-06-28 21:29
As filed with the U.S. Securities and Exchange Commission on June 28, 2024. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Ostin Technology Group Co., Ltd. (Exact name of registrant as specified in its charter) Cayman Islands Not Applicable (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Building 2, 101 1 Kechuang Road Qixia District, Nanjing Jia ...
Ostin Technology Group Unveils Strategic Expansion into North American Market With its US Subsidiary Begins Operation
Newsfilter· 2024-04-10 12:30
Nanjing, China, April 10, 2024 (GLOBE NEWSWIRE) -- Ostin Technology Group Co., Ltd. ("the Company") (NASDAQ:OST), a leading supplier of display modules and polarizers based in China, announces that Pintura.Life LLC, the Company's wholly owned subsidiary in the United States ("Pintura.Life"), has officially commenced its operation. As part of its strategy to expand into the North American market with its new Pintura products, Pintura.Life recently launched a crowdfunding campaign on Indiegogo to help introdu ...