Zhongtian International Limited(02379.HK)
Profile
Employees:
7
Email:
info@zhongtian.com
WebSite:
http://www.irasia.com/listco/hk/zhongtian
Tel:
0532-85711167;00852-21105866
Fax:
0532-85711169
Zhongtian International Limited is an investment holding company. The Company operates in two segments: information technology and property investment. The information technology segment is engaged in development and sale of intelligent electronic products and system integration. The Company鈥檚 subsidiaries include Success Advantage Limited, Qingdao Zhongtian Software Park Company Ltd., Qingdao Zhongtian Enterprise Development Company Ltd., Best Sight Limited, Golden Century Trade Limited, Sunny Legend Limited, Macro Vantage Limited, New East Glory Limited and Boxing Group Limited. The Company holds 100% interest in Success Advantage Limited, New East Glory Limited and Boxing Group Limited. During the year ended December 31, 2009, the Company disposed Money Chain Worldwide Limited, together with its subsidiary, Sunny Pearl Limited. Qingdao Zhongtian Information Technology Company Ltd. was disposed on February 25, 2010.
Reports
Zhongtian International Limited (hereinafter referred to as "Zhongtian International") was incorporated in the Cayman Islands, and the shares of which were listed on the Main Board of The Stock Exchange of Hong Kong Limited since 22 September 2004 (stock code: HK02379).
Through years of development, Zhongtian International experienced severe challenges from the global financial tsunami. The Board, upon making sound judgment about the situation, has made timely transition to the corporate structure of the Group. Currently, the business of Zhongtian International has changed gradually from a single business of providing one-step software solution for the financial industry upon its listing to businesses engagement in the business of electronic components for intelligent buildings and commercial property investment. Nevertheless, Zhongtian International has always been assessing the possibility of making profit from further investments in other domains according to market development from time to time.
For electronic components for intelligent buildings, Zhongtian International utilizes its industry experience and marketing network established from its software development in the past and engage in the development and sales of electronic components for intelligent buildings. This segment has started generating revenue for the Group in recent years, and has demonstrated a desirable development trend. The business, to which the Group has attached great attention, has a short payback period with low cost. The Group considers this segment as an integral part of the source of cash income.
Meanwhile, in the view of the promising commercial property market in the Mainland China and the continuous upward trend in the rental level of commercial property, Zhongtian International has replenished its assets by acquiring a number of commercial properties in Qingdao City, Shandong Province, and envisaged receiving continuously increasing rental income in the future. In addition, Zhongtian International considers that the development and prosperity of the commercial property market would be a definite trend amid the development in the Mainland China's cities, and such domain therefore would have an excellent prospect. Zhongtian International also proactively considers expanding its business in the operation and management of commercial properties.
Zhongtian International always persists in its customer -oriented approach and its operation mission of being product-centered; strives for maintaining its core competitiveness with solid talents, capital and information; shares common values with its investors and advances and retreats without haste and creates prosperity for the future together.