ChinaNet Online Holdings to Promote Entrepreneurship in Shandong
December 18 2013 - 7:30AM
ChinaNet Online Holdings, Inc. (Nasdaq:CNET) (the "ChinaNet" or
"Company"), a leading B2B (business to business) Internet
technology company focusing on 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 its subsidiary Liansuo.com is partnering with Youth
Business China (YBC) and Jinan Chain Store and Franchise
Association to help young entrepreneurs in China launch their
projects in Shandong Province.
Liansuo.com with YBC and Jinan China Store and Franchise
Association will set up a platform for prospective entrepreneurs to
access information regarding franchising, agency management,
partnerships and networking. Any franchise business that would like
to increase their presence in Shandong can be recommended or
introduced through the platform. A panel of experts from ChinaNet
and YBC experts ChinaNet will review each project and recommend a
select number to the YBC to provide the chosen entrepreneurs with
seed funding and mentoring services.
Youth Business China is a joint initiative formed by the Central
Communist Youth League and the All-China Federation of Industry and
Commerce, and the former Ministry of Labor and Social Security to
promote and support education among young entrepreneurs in China.
As a public welfare program, YBC provides resources to young
entrepreneurs, including mentoring and financial support.
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
Tel: +1-760-755-2716
Email: thaberfield@mzgroup.us
Web: www.mzgroup.us
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