DALIAN, China, June 28 /PRNewswire-Asia-FirstCall/ -- China
YiBai United Guarantee International Holding Inc.
(http://www.yibaichina.com/ ) (Pink Sheets: CBGH), a company
providing innovative financial services for small and medium
enterprises in China, announced
today its new strategic focus on companies involved with green
energy resources, energy savings, emission reduction and low carbon
businesses.
China YiBai CEO Alex Li said,
"China is moving rapidly and
aggressively to tackle our country's enormous environmental
challenges. Support from both the government and the growing
private sector is creating enormous opportunities for new
businesses to actively participate in this national effort. As part
of this, we are combining carbon trading activities and energy
performance contracting into our mainstream business activities.
Furthermore, we will provide up to approximately RMB 3.2 billion (US$ 468
million) in guarantees for companies operating in carbon
finance, carbon trading and energy performance contracting sectors.
We expect the company to emerge as a strong financial-service
provider in support of energy savings and emission reductions."
About China YiBai United Guarantee International Holding
Inc.
China YiBai United Guarantee International Holding Inc.
(http://www.yibaichina.com/ ) and its wholly owned subsidiaries
provide innovative financial services for small and medium
enterprises (SMEs) including equity financing, asset management and
multi-level domestic and overseas capital market listings. China
YiBai is a sponsor and market maker on China's over-the-counter market, the Tianjin
Equity Exchange, which specializes in financing and investment
services for high-tech enterprises. More information may be found
at http://www.yibaichina.com .
An online investor kit including a company profile, press
releases, current price quotes, stock charts and other valuable
information for investors is available at
http://www.hawkassociates.com/profile/cbgh.cfm . To subscribe to
future releases via e-mail alert, visit
http://www.hawkassociates.com/about/alert/ .
Forward-Looking Statements
This press release contains certain statements that may include
"forward-looking statements." All statements other than statements
of historical fact included herein are "forward-looking
statements." These forward looking statements are often identified
by the use of forward-looking terminology such as "believes,"
"expects" or similar expressions, involve known and unknown risks
and uncertainties. Although the Company believes that the
expectations reflected in these forward-looking statements are
reasonable, they do involve assumptions, risks and uncertainties,
and these expectations may prove to be incorrect. You should not
place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. The Company's
actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of
factors, including those discussed in the Company's periodic
reports that are filed with the Pink Sheets. All forward-looking
statements attributable to the Company or persons acting on its
behalf are expressly qualified in their entirety by these factors.
Other than as required under the securities laws, the Company does
not assume a duty to update these forward-looking statements.
SOURCE China YiBai United Guarantee International Holding
Inc.