Message #2 From:
NewsBot Date: October 25, 2006 01:42:00 PM
CHCG News China 3C Group To Appear on MN1.com
DALLAS--(BUSINESS WIRE)--Jason Yuan, Vice President of China 3C Group (OTCBB:CHCG), will be
featured live on Market News First (www.MN1.com)
for an exclusive interview with the MN1 news team. The interview is
scheduled for Thursday, Oct. 26, 2006, at 9:00 a.m. CDT.
China 3C Group is a leading retail chain operating over 600 independent
stores in Eastern China. The company specializes in selling 3C products
in China through its subsidiary Zhejiang Yong Xin Digital Technology Co.
Ltd. Among China 3C’s primary attributes is
its efficient distribution network and rapid logistics system. The
company’s goal is to become the number one
retailer of 3C products in China.
The company recently announced the signing of an agreement with Hangzhou
Lianhua Huashang Group, a leading retail chain in Zhejiang Province with
more than 10,000 employees, to open 20 independent retail stores in
Hangzhou Lianhua’s supermarkets to sell home
electronics. These new stores are expected to provide China 3C Group
with annual revenues of approximately $5 million.
On October 16, the company also announced the intent to purchase 500,000
shares or $2 million in shares of the company in the open market within
six months.
Please join Jason Yuan to learn more about the goals of the company, as
well as its position in the stock market.
If you don’t catch the interview on time, you
can also log on to www.MN1.com
afterwards and download a podcast of the interview in its entirety.
About MN1.com
Market News First is an online, market news provider that brings
investors current news on the market. Market News First is the only
online, live radio web site that brings real market news to investors
and features live interaction with companies from the Bulletin Board to
NYSE.
Through daily, live interviews, we bring you up to date on all the
established companies and inform the investors of the newest
opportunities within the market. Market News First offers one-on-one
interviews with the presidents and CFOs of companies to deliver answers
to the questions that investors may ask and provides them insight into
the companies’ present condition and future
plans.
