Neoview Holdings reports on exclusive negotiations with BVI-registered JingWei International Investments
On May 3, the company Neoview Holdings Inc. made an announcement that it had extended a binding commitment in favor of BVI company JingWei International Investments Limited, to negotiate on potential acquisition or business combination. The company Neoview Holdings Inc. has been in the process of seeking a suitable candidate for these purposes.
JingWei is a holding company incorporated in 2001 under the laws of the British Virgin Islands. Through its operating subsidiary, Shenzhen JingWei Communications Co., Ltd., the company provides technology services in China, specializing in sofware and data mining.
JingWei was formed to provide software expertise to the rapidly growing telecom sector in the period of market transition from paging to cellular, and to capitalize on the vast database of consumer information obtained from former paging customers. The BVI-registered company operates under exclusive software licensing and revenue sharing agreements with regional affiliates of China Mobile and China Unicom, China’s leading wireless operators, and has software installations with some other Chinese telecom companies.