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Telecom Operator to Hold Stake in China Publishing Group Spin-Off
21CBH, 1/24/11
Nie Zhenzhu, president of the China Publishing Group (CPG), recently announced that CPG aims to register its new subsidiary, China Publishing Media Co., Ltd., by February, adding that one of China's three major telecom operators will be among the new subsidiary's major shareholders. Read More
Founder Prices E-Reader at RMB 4,800
Sina, 10/22/09
Fang Zhonghua, senior vice president in charge of IT operations at Beijing-based PC and peripheral manufacturer Founder Group (600601.SH), has revealed that the company will be launching its "WeFound" TD-SCDMA e-book reader in the next one to two weeks, and that the reader plus service package (three years of 3G network access and, for the first 10,000 customers, three years of free book downloads) will retail for approximately RMB 4,800. Read More
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