TAIPEI , July 9, 2024 /PRNewswire/ -- Cordyceps Sunshine【C.S】Group is a leading expert in Taiwan's precious fungal field. Since 2020, the company has secured multiple patented cultivation techniques for the most representative medicinal fungus in Taiwan , Taiwanofungus camphoratus.
C.S Group has successfully established and mass-produced cultivation centers in Yilan, Taiwan , and Guangdong, China . We are pleased to announce that the company has obtained DTC eligibility from The Depository Trust Company (DTC) for its shares on the OTC market.
Our common stock can now be electronically cleared and settled through DTC in the United States . The Depository Trust Company (DTC) is a subsidiary of the Depository Trust & Clearing Corporation DTCC, and manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through the DTC are considered "DTC eligible.
" This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors. 【 C.S 】 Group Defines the Taiwanofungus camphoratus Industry Taiwan's unique medicinal fungus, Taiwanofungus camphoratus, surpasses Ganoderma (Reishi) and Cordyceps in its health benefits.
However, Taiwanofungus camphoratus only grows on the dead wood of Taiwan's endemic tree, Cinnamomum kanehirae Hayata. As a result, extensive logging of these trees to cultivate the fungus has endangered the s.
