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| Wednesday, 12 January 2011, 12:06 HKT/SGT | |
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Source: China Trends | |
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HONG KONG, Jan 12, 2011 - (ACN Newswire) - China Trends Holdings Limited ("China Trends", 8171.HK), the company focused on the business of energy management contracts (CEM), is delighted to announce, the Company, Need Education Program Office ("Need Education") and Boss Dream Cultural Communication Company Limited ("Boss Dream") entered into a cooperative framework agreement to establish a cooperation for building the 10,000 education platforms with the alliance partners in mainland China with a view to promoting the programs of Need Education.
Need Education, a professional organization sponsored by national educational association in the PRC, provides full range of educational, professional, personalized education services to different levels, different ages, different needs of consumers, thereby establishing an education platform from project planning, education resources integration, project operation and management, and teaching system implementation. Boss Dream provides online education platform, video production platform, reward redemption platform and advertisement broadcasting platform as foundation for the building of 10,000 education platforms to develop the programs of Need Education.
The Group will provide energy-saving products and related solutions to customers by mean of energy management contract. The Group will realize its investment returns and profit by sharing the energy saving efficiency realized in the energy saving measures. The cooperation project is targeted to build up to 2,000 alliance partners and 10,000 education platforms in all cities above county level in the PRC within ten years.
With strong support from the PRC government to promote the implementation of the energy management contract project to facilitate the energy-saving service sector in the economy, the guidance of "the National Program for Medium-Term and Long-Term Educational Reform and Development (2010-2020)", and the improved living quality triggers the inter-communication across the countries, it is believed that the merge of traditional and online education would become a world trend.
The Company is expected that the possible cooperation can lead its business of energy management contract further extending to educational sector, and to build 10,000 education platforms to develop the programs of Need Education with Need Education and Boss Dream. The energy-saving digital products and related solutions provided by the Company under energy management contract business model are suitable for massive and intensive multi-media learning centers to fulfill the demand of students, tutors and other people. The Directors consider that the possible cooperation is in the interests of the Company and the Shareholders as a whole.
Contact:
Carmen Lee
Investor Relationship Department
China Trends Holdings Limited
Email: carmen.lee@8171.com.hk
Tel: +852 2111 9988
Direct: +852 2155 6275
Mobile: +852 6301 6611
Fax: +852 2111 9989
Topic: Business Tieup
Source: China Trends
Sectors: Retail & eCommerce
https://www.acnnewswire.com
From the Asia Corporate News Network
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