China Gengsheng’s Chairman and CEO Mr. Shunqing Zhang stated in his comments to this contract that “the demand for these type of products are becoming increasingly international which truly speaks to our array of diverse mineral and product mixes. While refractories still represent the majority of our business, this contract award speaks to the quality of our fracture proppant products that are increasingly gaining awareness as an international product in its niche market.”

Chairman and CEO of Yucheng Technologies Weidong Hong noted in his comments that the extensive experience of Zhenwei Ni and his knowledge in IT industry as well as his extensive presence in the industry will be of great value to the BVI company, in executing its plans to develop into a premier IT solutions provider to the banking industry of China.

In Yucheng, Mr. Ni will also serve on the Board’s Strategy Committee, Audit Committee, and Compensation Committee.

Baoding Huide is a renewable energy company headquartered in Baoding National High-tech Zone in Hebei province.

According to company’s press-release, the partnership of A-Power’s subsidiary and Baoding Huide will align A-Power’s brands, marketing initiatives and developing presence in the U.S. with the production and technology of Baoding Huide’s assets. Close co-operation is expected also in the sphere of research and development, joint ventures, resource sharing and new business opportunities.

Mr. Jinxiang Lu, Chairman and Chief Executive Officer of the BVI company, said in his comments that this partnership will enhance A-Power’s wind business with Baoding Huide’s assembling facility of wind turbine equipment. Mr. Bin Wang, Chairman of Baoding Huide, said that the partnership will bring good opportunities for both companies.

The Director of the Jinan City Housing Industrialization Promotion Center Mr. Quanliang Wang said that CSI model apartments are expected to comprise 20 percent of all housing in China in the near future, and the potential market for CSI products will make approximately RMB 110 billion, 22 billion of which is expected to be transacted through the trading platform operated by the joint venture with Pansoft.

By words of Pansoft’s Chairman Hugh Wang, the cooperation with the Jinan Housing Industrialization Development Center is a “great opportunity for Pansoft to enter enter into the CSI product e-commerce market with solid government support and strong environmental awareness”.

The purpose of the agreement between the companies is to deliver a suite of secure and interactive personal data management tools focused on helping patients and clients to have higher level of control over their personal information, while travelling out of their own country for medical procedures.
 
Those clients who sign up with this new membership service will have access to a number of specially developed membership plans for overseas medical travel, medical and surgical complications, medical vacations, international health and travel plans, USB data storage cards, and Prepaid MasterCard that eliminates the need to carry cash and provides up to US$50,000 in funding. By words of Boyd Soussana, CEO of the Estate Vault, customers “will also be able to put all sensitive data, medical files/x-rays and legal information into their own e-Vault that can be accessed anywhere.”

By words of president of the BVI company Kenneth Hunt, IMFT has designed and developed a whole range of insurance and non-insurance alternative products for these markets, and partnership with Estate Vault “ has provided IMFT a unique and innovative document management system.”

CEO of the Estate Vault also added that IMFT and Estate Vault have, in principal, agreed to establish an International Business Company (IBC) in the British Virgin Islands, which will become the provider of the range of converged hybrid products. This BVI IBC will be established under the Estate Vault International brand name.

The qualification of the company was approved by the following institutions: the Ministry of Agriculture, National Development and Reform Commission, Ministry of Finance, Ministry of Commerce, People’s Bank of China, State Administration of Taxation, China Securities Regulatory Commission, and the China Federation of Supply and Marketing Cooperative.

Mr. Liang Yuan, CEO and President of Origin Agritech, said that this title woud have a great role in the long term development of the company. He also noted that some projects assigned by government ministries “expressly state that only ‘Leading Enterprises’ can qualify toward participation.”

 According to Mr. Irving H. Kau, Acting Chief Financial Officer of the company, ” the income tax exemptions may be the most most important policy to these ‘Leading Enterprises’. However, the company will also enjoy preferential policies in plant and building construction, purchase of raw materials, import and export of equipment, among other important benefits. This will certainly contribute to further enhance the company’s competitiveness.”

Through this deal, the parties have agreed to expand coal sales to the Chinese market through Winsway. The aim of the companies is to achieve sales of over 2 million tons per annum of coking coal from Australia, Canada and other countries.

Winsway was the largest offtaker of Mongolian coking coal in 2009, so by cooperation with the BVI company Marubeni will be able to handle Chinese and Mongolian coal and provide a stable coal supply to Japanese and other markets. 

The agreement includes provision for joint coal resource development by both companies, as well as possible consideration by Marubeni to become a shareholder in Winsway.

Winsway Coking Coal Holdings Limited was established in 2007 in the British Virgin Islands, its main business is distribution and transportation of coal from Mongolia and other countries into China.

The treasury management system for PetroChina will also incorporate thousands of its subsidiaries and will enable the management of all its resources under one common platform, representing one of the largest treasury management systems in China.  It is to control the entire process of dynamic management and monitoring and controlling business flow, capital flow and integrated information flow.

This is not the beginning of BVI company’s partnership with PetroChina. In the end of 2009, Pansoft signed contract for software system development with Chinese oil and gas producer.  This contract, worth approximately US$5 million, was the largest for the BVI company.

Company’s CEO David Hallonquist stated in his comments that the website traffic increases are influenced by the high interest to the coverage of the World Cup matches. He also said that, partially due to the soccer fans, they are expecting a “single month milestone of over one million visits” to the sports websites in June or July.

A Dutch citizen Beer van Straten is a senior international oil and gas industry executive with exploration, production and commercial experience in the North Sea, Middle East and Africa. Beer van Straten joined Shell company in 1988, and advanced to become the Deputy Head of Development Drilling in Oman by 1998. In 1999, he became Wintershall’s Drilling and Production Manager for Libya. In 2002, he returned to Shell.