Billion Yangxin and IBM signed a strategic cooperation agreement

NetEase Finance July 12 News billion Yangxin evening announcement, the company recently signed with IBM in Beijing "billion Yangxin Tong Co., Ltd. and IBM Joint agreement framework."　　The two sides will be based on the principle of cooperation and mutual benefit for China Telecom service providers, develop joint solutions, and jointly promote market applications. Billion yangxin, through close cooperation with IBM, will be IBM's strong technical strength and brand advantage and billion yangxin a wide range of industry customer base combination, the company will strive to consolidate and expand its market position.　　With the help of IBM in the telecom industry's international status, the promotion of billion yangxin products, technology, services in the international and domestic influence, to promote the yangxin of the sale of all products.　　At the same time, with IBM in the IT industry leading experience and best practices, for billion yangxin to provide software system architecture in the application development and integrated technology to enhance the yangxin in the relevant industry areas of competitiveness. June 30, 2010, IBM through the Shanghai Stock exchange of the bulk trading system to buy billion yangxin A-share shares, become billion yangxin strategic investors.　　Through the formation of a close interest in the capital market, so as to further strengthen the company's new product development and application solutions and existing products to the international market promotion, while further promoting the company's management, so that the company's "four-wheel-drive" strategic objectives to be more vigorously promoted implementation. The cooperation between the two sides mainly involves the following areas: 1. Joint sales: IBM will use existing sales force to jointly sell and support IBM and billion Yangxin joint solutions, the details of the joint solution are determined by the detailed agreement.　　The two sides will guide each other's sales team and develop joint policy management teams and effective sales joint solutions, which are agreed to increase the sales of joint solutions, including components from IBM.　　2. Joint Development Center: Both sides agree to set up joint development Center and make detailed plan and sign relevant agreement after this agreement is signed.　　3, the Joint marketing Campaign: The two sides will be committed to joint marketing campaigns, for joint solutions to seek opportunities. 4. Administration plan: The two sides establish a joint management team after the agreement is signed. The main responsibilities of the Management Committee are to identify strategies and assist in the formulation of business plans, set goals, monitor the success of the joint, try to resolve differences between the parties, and escalate unresolved issues to the senior managers responsible for the plan.　　The two sides agreed to send senior executives to jointly take charge of the advance of this agreement. The company said that the signing of the cooperation agreement with IBM, the establishment of a strategic partnership, the company's internationalization strategy, enhance the company's overall IT solutions and consulting, service levels, improve marketing and profitability and so has a significant and far-reaching significance.