Client News

LIUZHOU CITY, China, March 30, 2012 /PRNewswire-Asia/ -- China BCT Pharmacy Group, Inc., (OTC BB: CNBI), ("China BCT" or the "Company"), a leading pharmaceutical distributor, retail pharmacy, and manufacturer of pharmaceutical products in Guangxi Province, China, today announced results for the fourth quarter and full year ended December 31, 2011.

Fourth Quarter 2011 Highlights
- Revenue decreased 0.7% year-over-year to $66.3 million
- Gross profit rose 12.2% year-over-year to $15.8 million
- Operating income grew 0.5% year-over-year to $9.5 million

WUXI, China, March 29, 2012 /PRNewswire-Asia-FirstCall/ -- Cleantech Solutions International, Inc. ("Cleantech Solutions" or "the Company") (NASDAQ: CLNT), a manufacturer of metal components and assemblies, primarily used in the wind power, solar, dyeing and finishing equipment and other clean technology industries, today announced its financial results for the three months and fiscal year ended December 31, 2011.

BEIJING, March 28, 2012 /PRNewswire-Asia-FirstCall/ -- Camelot Information Systems Inc. ("Camelot" or the "Company") (NYSE: CIS), a leading domestic provider of enterprise application services and financial industry information technology services in China, today announced that the Company's management team will meet with investors in the United States during April 2 - 4, 2012.

Source: Sky-mobi Limited
Date: March 05, 2012 08:00 ET

HANGZHOU, China, March 5, 2012 (GLOBE NEWSWIRE) -- Sky-mobi Limited ("Sky-mobi" or the "Company") (Nasdaq:MOBI), a leading mobile application store and mobile social network community operator in China, today announced that its subsidiary, Hangzhou Mijia Technologies Co., Ltd., has entered into a partnership agreement with China Mobile's reading platform. Content from China Mobile's reading platform will be published and promoted on Sky-mobi's Maopao platform.

Sky-mobi Ltd., operator of China’s largest mobile application store by sales, forecast revenue will rise 50 percent next fiscal year as China’s adoption of third- generation services boosts demand for smartphones.

The Nasdaq-listed company “has good confidence” revenue will rise to more than 1 billion yuan ($152 million) in the fiscal year ending March 31, 2012, Chief Financial Officer Carl Yeung said in a phone interview from Hong Kong today. That compares with estimated revenue of up to 669 million yuan for the fiscal year ending March 31, 2011, he said.

By Tammy Whitehouse — August 31, 2010 

By Bloomberg News - Aug 5, 2010 China Gerui Advanced Materials Group Ltd., a specialty steel producer, is “very optimistic” about demand for its products as domestic consumption grows along with wages, according to Chief Financial Officer Edward Meng.

Gerui aims to double its production capacity to 500,000 tons a year by December 2011 and increase its chromium-plating capability to 250,000 tons to meet increased demand, Meng said.

by Terry Wang

China's demand for clean energy has already created enormous personal wealth in the photovoltaic and wind power equipment manufacturing sectors. Burgeoning sectors such as biodiesel have yet to match up, but a few companies are hopeful that the sector will provide prodigious returns down the pike. William Chen, chief financial officer (CFO) of China Clean Energy Inc., speaks with Interfax about his company's current and future biodiesel business development plans.

By Zack Buckley

NEW YORK--George Wung, CFO of China Yida Holding, stops by to explain how the diversified entertainment company plans to become the "Disney of China," how it is taking advantage of China's current tourism trends and how he expects the company to grow in the future.