Planet Green (US:PLAG) Jin Rong Jie·2025-06-09 13:56Core Insights - The stock of American Green Planet (PLAG) increased by 9.81% on June 9, reaching $2.855 per share, with a total market capitalization of $20.79 million [1] - Financial data shows that as of March 31, 2025, the total revenue of American Green Planet was $840,300, a decrease of 44.13% year-over-year, while the net profit attributable to shareholders was -$796,900, an increase of 26.27% year-over-year [1] Company Overview - American Green Planet Group was established on February 4, 1986, originally named "American Laurel Company," and is headquartered in Gaithersburg, Maryland, US [2] - The company operates as a modern technology enterprise group integrating artificial intelligence, bio-extraction, and the research, production, and sales of tea products [2] - The company’s subsidiary, Baizhuang Tea Co., has a history dating back to 1590 in Hubei, China, and is known for its "Shengshengchuan" green brick tea, which has been exported along the "Silk Road" [2] Strategic Developments - On June 5, 2020, American Green Planet announced a share exchange agreement with Fast Approach Inc, a Canadian software company [2] - The acquisition of Fast Approach Inc aims to enhance the company's development in the Chinese market, which has a population of 1.3 billion, representing a significant untapped market for many brands [2] - Fast Approach Inc's main product, FA DSP, is a unique advertising platform that utilizes advanced AI algorithms for high-speed data analysis, enabling precise audience targeting and media ad placement [2]