YIN YAN
CHAIR, CEO, PRESIDENT
MARWYNN HOLDINGS INC.
WHY: Leader of Irvine-based firm that owns and manages two brands, a provider of indoor home products and distributor of specialty grocery products, in the supply chain business. Market cap of $18M as of October with annual sales of almost $12M.
IN THE NEWS: Took company public on March 13 at $4 per share under the ticker “MWYN,” raising $8M in gross proceeds. Leased a new office space in Irvine on Jamboree Road and Main Street.
NOTABLE: Biggest customer is Costco Wholesale Corp. Yan, who has 94% of Marwynn voting shares, counts over 20 years of experience in real estate, international trade and management; also, a registered lawyer admitted in NSW High Court of Australia.
QUOTABLE: “We wanted to form a company that could trim operations as well as consolidate resources and therefore can create some efficiency under one roof.”
