ACAT
Industry:
Consumer Services

DESCRIPTION

NP Life Sciences Health Industry Group (NPLS) is an early-stage company based in Danville, California, attempting to build a business around classical Chinese culture education and consulting services targeting Chinese-Americans and others interested in Chinese culture in the U.S. NPLS's intended core offerings include classical Chinese studies courses covering Confucian philosophy, calligraphy, painting, and chess; international study tours to historical Chinese cities; cultural events and art exhibitions in the San Francisco Bay Area; and consulting services for Chinese businesses entering the U.S. market. In practice, NPLS has generated nearly all of its actual revenue from one-off consulting engagements — advising Chinese companies and individuals on entering the U.S. classical Chinese culture market, typically at flat fees of $15,000–$20,000 per engagement won through personal introductions. A subsidiary, GW Health Consulting, generated a small amount of revenue from career planning consulting. The education and study tour businesses that form NPLS's stated strategy have not materially launched. NPLS has no full-time employees and relies on an outside agent for most operations. The company's stated geographic expansion plan begins in the San Francisco Bay Area, expands to broader California, and eventually targets nationwide rollout, with subsidiary entities established in Hong Kong and Singapore, though neither has conducted any business.

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