HC NET 9.87 million to sell the domain name to accelerate the March overseas market

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Beijing Time October 23 News, HC Network (8292) released news that its wholly-owned subsidiary of Hong Kong Hui Cong International Group yesterday and Madeinchina,inc, and its founder Zhengmin formally signed a deal. The agreement is to sell the Internet software and domain name to the buyer for a total price of HK $9.8765 million, and the buyer will pay for the issue and allotment of 1.9 million shares, about 19% of the enlarged share capital and about 5.2 yuan per share.

Zhengmin has been engaged in overseas electronic commerce business for more than 8 years, he founded Madeinchina in 2007, Inc., the use of advanced information services technologies such as online search and various exhibitions, as well as third-party certification systems, to provide international buyers and domestic suppliers with commercial online marketing platform, as well as on-line and offline integrated international business services, such as referral suppliers, global sales promotion and business matching, in all cases, The communication medium of its service is mainly English.

Hui Cong thought, madeinchina,inc. In order to be able to complement their own development online marketing platform technical strength of the partners, coupled with its founder's experience and investors in the global E-commerce information technology-related business reputation, can become wise to enter the international electronic market, the steady step.