Archive for the ‘NASDAQ listed BVI Companies’ Category

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BVI-registered TechFaith launches Android-based gaming solutions

Monday, September 26th, 2011

China TechFaith Wireless Communication Technology Limited, the British Virgin Islands company operating mainly in China and focused on the research, development and design of mobile software, in September formally launches Android-based motion gaming solutions. Android mobile phone operating system’s users will be able to download 17Vee motion gaming software on its 17Vee website www.17Vee.com and on most of Android App stores. They will also be able to purchase gaming packatges to convert their mobile phones into fully functioning mobile motion gaming controllers.

Mr Tony Kong, CEO of TechFaith’s's 17Vee gaming business, said in his comments, “We continue to gain momentum in our motion gaming business as we develop and launch the differentiated gaming solutions users want. In the case of Android, TechFaith was one of the earliest developers of mobile phones based on the Android platform. We have been able to leverage our design expertise and extensive motion gaming intellectual property to deliver a powerful, highly entertaining motion gaming experience to Android users.”

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China Technology makes changes in Board and management and announces Non-Deal Roadshow

Tuesday, July 19th, 2011

China Technology Development Group Corporation, the clean energy company which is registered in the BVI jurisdiction, headquartered in Hong Kong and has sales offices in Milan and Munich, made an announcement about the number of changes to its board and key management positions. The removals and appointments by the decision of the Board concerned the positions of Executive Director, Chief Financial Officer, and Chief Communications Officer.

Also, between 11 July and 14 September of 2011 CTDC will conduct a non-deal roadshow in some cities of the USA, including San Francisco (CA), Los Angeles (CA), New York (NY), and Boston (MA).

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China Technology enters into strategic development agreement

Friday, July 1st, 2011

China Technology Development Group Corporation, a British Virgin Islands company specializing on solar energy products and solutions and headquartered in Hong Kong, announced during the Intersolar Europe 2011 in Munich that CTDC has entered into a strategic cooperation framework agreement with two other listed companies from China and Hong Kong – TBEA SunOasis Co., Ltd. and Goldpoly New Energy Holdings Limited. TBEA SunOasis Co., Ltd. , which is a subsidiary of Tebian Electric Apparatus Stock Co., Ltd. a professional hi-tech enterprise engaged in the research and manufacture of photovoltaic products and system integration technology. Goldpoly New Energy Holdings Limited is one of the largest solar silicon cell producers in southern China.

The BVI company and two other companies have formally announced their newly-formed PV investment consortium, aiming to improve efficiency and bring comprehensive solutions to solar park construction in Europe. Their consortium has already attracted the attention of leaders from political and business circles.

Subject to the agreement, the three parties will cooperate in all dimensions within the vertically integrated solar value chain, using their own advantages so to increase market share. Basing on CTDC’s established sales channels in China, US and Europe, the parties to the investment consortium will be able to effectively speed up module sales, installations on integrated systems, solar plant development.

The consortium also plans to start with a project company to jointly invest in and construct small-size solar plant, among other things it will cooperate over CTDC’s initiatives. By words of Mr. Jianxin Zhang, CEO of TBEA SunOasis, the PV investment consortium has strong financial support from China Development Bank and China Billion credit facilities.

Posted in Agreements and Contracts concluded, BVI Company Contracts, BVI IBC Business News, Investors' News, NASDAQ listed BVI Companies | No Comments »

BVI-registered company wins Business Intelligence project for national bank in China

Monday, June 20th, 2011

Yucheng Technologies Limited, British Virgin Islands-registered company headquartered in China and providing IT and outsourced services to the Chinese banking industry, has won the right to provide Business Intelligence solutions for one of the major national policy banks. The company will build upon its existing portfolio of BI products to deploy an internal reporting system, which will allow business divisions to access its operation reports well-structured and in an efficient manner.

IT system upgrade and the reporting system deployment of the bank are just one of many components in its overall BI solutions having the purpose to transform itself to become more commercial and compete directly with the big four banks and other major joint stock banks in China.

CEO of the BVI company Mr. Weidong Hong said in his comments: “We are pleased that we have been able to deepen our relationship with this newly acquired customer from a year ago. We started the deployment of our proprietary CMIS system for the customer last year and have been in discussion on a number of other projects.” Mr. Hong continued that this win is “a demonstration of customer’s recognition of industry’s leading comprehensive portfolio of solutions, including the fast growing BI solutions.”

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