Computer Giant Branches Into On-line TradeChinese computer software and hardware giant Founder Group has shifted into the Internet sectorby launching its on-line service subsidiary recently, according to today's China Daily. With the establishment of EC-Founder Co. Ltd and a business reorganization, Founder will work with the Internet and e-commerce,newspapers, publishing, radio and TV broadcasting and system integration. EC-Founder is directly under Founder Holding Co Ltd, a Hong Kong-listed operation of Founder. EC-Founder will go public by acquiring another Hong Kong-listed company Management Information Technology Co Ltd. Ricky Lee, a Hong Kong native and former president of Founder Electronics, was named the EC-Founder President, according to the report. |
| People's Daily Online --- http://www.peopledaily.com.cn/english/ |