Paranovus Entertainment Technology Ltd. (2UO.F)

0.9400 +0.0500 (+5.62%) At close: 08:04AM CEST

Paranovus Entertainment Technology Ltd.

No. 11, Dongjiao East Road
Shuangxi Shunchang
Nanping 353200
China
86 05 9978 28808
https://www.pavs.ai

Sector(s): Consumer Defensive
Industry: Packaged Foods
Full-time employees: 80

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Xuezhu Wang	Chairman & CEO	24.83k	N/A	1985
Ms. Ye Tao CFA	CFO & Director	168.09k	N/A	1978

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Paranovus Entertainment Technology Ltd. engages in the research, development, manufacture, and sale of nutraceutical and dietary supplement products in the People's Republic of China and internationally. The company's product category includes lucidum spore powders, cordyceps mycelia, Ejiao products, American ginseng products, other traditional Chinese herbal and animal extracts, vitamins, minerals, and amino acids. It also offers product marketing and e-commerce agency operation services under the Happy Buy platform to small and middle size businesses; and e-commerce solutions, internet information, and advertising services to the online stores or manufactures. In addition, the company provides secure transaction environment, automobile procurement, and financial services for automobile manufacturers under the Taochejun automobile sales platform. It sells its products through distributors, large-scale chain drugstores, malls, and supermarkets under the Happiness brand. The company was formerly known as Happiness Development Group Limited and changed its name to Paranovus Entertainment Technology Ltd. in March 2023. The company was founded in 2004 and is headquartered in Nanping, the People's Republic of China.

Corporate governance

Paranovus Entertainment Technology Ltd.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.