Outsourcing Services Presentation
China Crescent has been marketing a comprehensive technology outsourcing service line of business since the beginning of 2009. The Company recently announced a three-year contract valued at $36 million to provide information and telecommunication technology services to a customer in Dalian, China.
The presentation below provides further information on the Company's business line and plans for 2010. |
CRT Subsidiary Acquisition
In December 2009, China Crescent announced executing an agreement to acquire a China Radio Technology Ltd. subsidiary located in Shenzhen, China. The China Radio subsidiary is anticipated to produce $20 million in annual revenue in 2010.
China Radio Technology Ltd., a Hong Kong-registered company, is a mobile communication hardware and software company that develops and manufactures products for sale in China.
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