HANGZHOU, China, Sept. 30 /Xinhua-PRNewswire-FirstCall/ -- China 3C Group
(OTC Bulletin Board: CHCG), a retailer and wholesale distributor of consumer
and business products in China, today announced that the Company was named to
the Forbes List of 'Asia's Best 200 Under A Billion.'
Forbes Asia's fourth annual Best Under A Billion list focuses on
Asia-Pacific companies with under $1 billion in sales. The winners were culled
from 24,155 publicly listed outfits.
Mr. Zhenggang Wang, Chairman and Chief Executive Officer, commented, 'We
are excited to be named to the Forbes List of Asia Best 200 in 2008. This list
recognizes leading companies from the Asia region with consistent sales and
profit growth. Our addition to this list reflects the dedication and
commitment of all our employees, partners and customers. We continue to focus
on strengthening our presence in China's electronic consumer market and are
encouraged with our opportunities.'
Additional information about the company's ranking can be found on
http://www.forbes.com
About China 3C
China 3C is a leading wholesale distributor and retailer of 3C merchandise:
computers, communication products and consumer electronics. The company
specializes in wholesale distribution and retail sales of 3C products in
Eastern China, focusing on products that make life more comfortable,
convenient and connected. The company's goal is to become the number one
retailer of 3C products in China. 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, including, without limitation, those under
'Management's Discussion and Analysis of Financial Condition and Results of
Operations' in Part II, Item 7 of our Annual Report on Form 10-K. 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
