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China 3C Group Signs After-Sale Technical Service Support Agreement
Wednesday, July 23, 2008 8:31 AM
Symbols: CHCG
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ZHEJIANG, China, July 23 /Xinhua-PRNewswire-FirstCall/ -- China 3C Group (OTC Bulletin Board: CHCG) ('Company'), a leading reseller and distributor of consumer and business products in China, today announced that it has signed an agreement with Shangha Pakhui Electronics, Ltd. ('Pakhui'), a leading electronics service provider in eastern China, in which Pakhui has agreed to provide full after-sale technical support for China 3C's products that are sold to customers in its 'store-in-store' locations. Under the terms of this agreement, Pakhui will receive approximately one fifth of the total service fee, which originates from any individual service agreements signed between China 3C Group and its product suppliers.

Shangha Pakhui Electronics Ltd. was established in 2006 and is one of the leading electronic product service providers in eastern China. The company has approximately 25 service engineers and 60 technicians and it services roughly 5,000 well-known, branded electronics products from around the world.

Mr. Junhe Da, CEO of Pakhui, said, 'We are honored to provide technical support for such a significant distributor of 3C products, and we believe that our outstanding service will meet China 3C's demanding standards for customer satisfaction.'

Mr. Zhengang Wang, CEO of China 3C, said, 'We are delighted to offer this new after-sale service to our customer base and view this agreement as a meaningful step to increase customer loyalty and improve our competitive position in the Chinese marketplace. We believe that this announcement along with our recently announced brand advertising initiative for our store-within- stores further distinguishes our Company as a leader in the expanding 3C market.'

About China 3C

China 3C is a leading wholesale distributor and retailer operating over 1000 retail outlets in Eastern China. The Company specializes in selling 3C products which include: cell phones and accessories, fax machines and printers, consumer electronics, computer and computer-related products and small home appliances. Among China 3C's primary attributes is its efficient distribution network and rapid logistics system. For more information, visit http://www.china3cgroup.com .

Forward-looking Statements

Certain of the statements set forth in this press release constitute 'Forward looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. We have included and from time to time may make in our public filings, press releases or other public statements, certain forward-looking statements. In some cases these statements are identifiable through the use of words such as 'anticipate,' 'believe,' 'estimate,' 'expect,' 'intend,' 'plan,' 'project,' 'target,' 'can,' 'could,' 'may,' 'should,' 'will,' 'would' or words or expressions of similar meaning. You are cautioned not to place undue reliance on these forward- looking statements. In addition, our management may make forward-looking statements to analysts, investors, representatives of the media and others. These forward-looking statements are not historical facts and represent only our beliefs regarding future events, many of which, by their nature, are inherently uncertain and beyond our control. There can be no assurance that such forward-looking statements will prove to be accurate and China 3C Group undertakes no obligation to update any forward-looking statements or to announce revisions to any of the forward-looking statements.

SOURCE China 3C Group

(Source: PR Newswire )



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