Billion Yangxin Tong and IBM work together

Yangxin today announced that the company and IBM in Beijing signed a "joint agreement framework", the main areas of cooperation involving joint sales, Joint development Center, joint marketing and management plan four areas.　　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. June 30, IBM through the Shanghai Stock Exchange bulk trading system from billion yangxin holding shareholder billion Yang Group bought 5.9172 million shares of a shares, accounting for the company's total equity 1.05%,IBM officially become one of the company's strategic investors.　　IBM China undertakes not to transfer or reduce its holdings through the stock Exchange trading system within 1 years from the date of the transfer of the shares. The announcement said that the company through the close cooperation with IBM, will be IBM's strong technical strength and brand advantages and billion yangxin through a wide range of industry customer base combined. The company will take advantage of IBM in the telecommunications industry's international status, enhance billion yangxin products, technology, services, etc. in the international and domestic influence, promote the billion yangxin through the sale of 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.