ChinaNet Signs New Customer Wahaha
July 26 2013 - 10:29AM
ChinaNet Online Holdings, Inc. ("ChinaNet" or the "Company"),
(Nasdaq:CNET), a leading B2B (business to business) Internet
technology company providing online-to-offline ("O2O") sales
channel expansion services for small and medium-sized enterprises
(SMEs) and entrepreneurial management and networking services for
entrepreneurs in the People's Republic of China, today announced
that Wahaha Commercial Co., Ltd.("Wahaha"), a subsidiary of
Hangzhou Wahaha Group, has chosen ChinaNet, to host a franchise
related conference to be held from July 25th to July 28th, 2013.
Wahaha is a real estate development company with plans to expand
throughout key areas in China via shopping malls, supermarkets and
hypermarket chains, brand discount stores, kids and convenience
stores.
Wahaha plans to open its first shopping center, WAMW PLAZA, this
October in Hangzhou. ChinaNet has been asked to assemble a grand
scale national franchise conference which will include shopping
mall executives and other key constituents. Wahaha has introduced
more than 100 foreign brands through its Hangzhou WAMW PLAZA,
including men and women clothing, jewelry, home furnishings and
imported foods.
More information, please log in the link:
http://www.liansuo.com/p-wahaha/.
About ChinaNet Online Holdings, Inc.
The Company, a parent company of ChinaNet Online Media Group
Ltd., incorporated in the BVI ("ChinaNet"), is a leading B2B
(business to business) Internet technology company focusing on
providing O2O (online to offline) sales channel expansion service
for small and medium-sized enterprises (SMEs) and entrepreneurial
management and networking service for entrepreneurs in China. The
Company, through certain contractual arrangements with operating
companies in the PRC, provides Internet advertising and other
services for Chinese SMEs via its portal websites, 28.com,
Liansuo.com and Chuangye.com, TV commercials and program production
via China-Net TV, and in-house LCD advertising on banking kiosks
targeting Chinese banking patrons. Website:
http://www.chinanet-online.com.
Safe Harbor
This release contains certain "forward-looking statements"
relating to the business of ChinaNet Online Holdings, Inc., which
can be identified by the use of forward-looking terminology such as
"believes," "expects," "anticipates," "estimates" or similar
expressions. Such forward-looking statements involve known and
unknown risks and uncertainties, including business uncertainties
relating to government regulation of our industry, market demand,
reliance on key personnel, future capital requirements, competition
in general and other factors that may cause actual results to be
materially different from those described herein as anticipated,
believed, estimated or expected. Certain of these risks and
uncertainties are or will be described in greater detail in our
filings with the Securities and Exchange Commission. These
forward-looking statements are based on ChinaNet's current
expectations and beliefs concerning future developments and their
potential effects on the company. There can be no assurance that
future developments affecting ChinaNet will be those anticipated by
ChinaNet. These forward-looking statements involve a number of
risks, uncertainties (some of which are beyond the control of the
Company) or other assumptions that may cause actual results or
performance to be materially different from those expressed or
implied by such forward-looking statements. ChinaNet undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as may be required under applicable securities
laws.
CONTACT: MZ North America
Ted Haberfield, President
Direct: +1-760-755-2716
Email: thaberfield@mzgroup.us
Web: www.mzgroup.us
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