DF China Technology, Inc. Announces Trading Symbol Change to DFCTF of Common Shares
December 30 2004 - 2:15PM
PR Newswire (US)
DF China Technology, Inc. Announces Trading Symbol Change to DFCTF
of Common Shares HONG KONG, Dec. 30 /Xinhua-PRNewswire-FirstCall/
-- DF China Technology, Inc. (OTC Bulletin Board: DFCT; "the
Company"), a leading provider of information technology solutions
for the logistics and supply chain management industry in China and
Hong Kong, announced today that it received a notification from
NASDAQ officials regarding a change in the Company's trading symbol
from DFCT to DFCTF. The ticker symbol change, which will
automatically become effective on December 31, 2004, appropriately
reflects the Company's foreign issuer status according to
Over-the-Counter Bulletin Board listing rules and does not
otherwise affect the trading in the Company's common shares.
Shareholders are encouraged to visit the Company's website at
http://www.dichainchinatech.com/Calendar.htm for further
information. About DF China Technology, Inc. DF China Technology,
Inc. (http://www.dichainchinatech.com/), headquartered in Hong
Kong, with operational offices located in Shenzhen, China and six
other major cities throughout PRC, designs, manufactures and sells
customizable software and hardware systems, which integrate GIS
(Geographic Information System), GPS (Global Positioning System),
as well as Wireless and Web technologies into a proprietary
application platform. The Company's subsidiary, DiChain Software,
was recognized as one of the leading IT solution providers in
logistics and supply chain management in China in 2002 and 2003 by
International Data Corporation, a world leading IT consulting firm,
and named the "Best Value Added Reseller" by its strategic industry
partner IBM Corp. in 2003. DiChain Software has strategic alliances
with some of the world's largest companies, including IBM, GE,
Oracle, Hewlett Packard, ILOG, DELL, Motorola, and China Mobile.
The Company's leading industry position is further leveraged by its
relationship to China Merchants DiChain Holdings Ltd, the Company's
major shareholder who is a reputable member of China Merchants
Group, one of the top 50 national enterprises in the PRC with over
$30 billion assets under its management. In the future, the Company
aims to become one of the leading Chinese technology companies by
investing its resources into computer, wireless and internet
related information technologies. The Company recently announced it
is changing its name soon to "China Technology Global Corporation."
Forward-Looking Statement Disclosure This news release contains
forward-looking statements as defined by the Private Securities
Litigation Reform Act of 1995. Forward-looking statements include
statements concerning plans, objectives, goals, strategies, future
events or performance, and underlying assumptions and other
statements that are other than statements of historical facts.
These statements are subject to uncertainties and risks including,
but not limited to, product and service demand and acceptance,
changes in technology, economic conditions, the impact of
competition and pricing, government regulation, and other risks
defined in this document and in statements filed from time to time
with the Securities and Exchange Commission. The Company's actual
results could differ from such forward-looking statements. All such
forward-looking statements, whether written or oral, and whether
made by or on behalf of the Company, are expressly qualified by the
cautionary statements and any other cautionary statements which may
accompany the forward-looking statements. In addition, the Company
disclaims any obligation to update any forward-looking statements
to reflect events or circumstances after the date hereof. Contact:
DF China Technology, Inc. Leon Zhou, CFO, EVP Tel: +852-2255-0632
Email: Investor Relations Group Email: Alan Stone & Company,
LLC Alan Stone, Managing Director Tel: +1-212-521-4102 Email: Rand
Brenner, Associate Tel: +1-310-444-3940 Email: David Kaplan,
Associate Tel: +1-212-521-4102 Email: DATASOURCE: DF China
Technology, Inc. CONTACT: DF China Technology, Inc. - Leon Zhou,
CFO, EVP, +852-2255-0632, , or Investor Relations Group, ; Alan
Stone & Company, LLC - Alan Stone, Managing Director,
+1-212-521-4102, , or Rand Brenner, Associate, +1-310-444-3940, ,
or David Kaplan, Associate, +1-212-521-4102, , all for DF China
Technology, Inc. Web site: http://www.dichainchinatech.com/
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