China 3C Group (CHCG.OB) Connects With Retail Seller, LiQun

Oct 20, 2008

China 3C Group (OTCBB: CHCG) is a leading wholesale distributor and retailer of 3C merchandise: computers, communication products and consumer electronics in Eastern China, focusing on products that make life more comfortable, convenient and connected. The company's goal is to become the number one retailer of 3C products in China.

In the company’s news Friday,China 3C Group (CHCG) announced it will be opening its first mobile phone retail counter after signing an agreement with the China Intime Group. China Intime operates a chain of 11 department stores in China. The CHCG retail location is in the high-end LiQun Department Store, in Hangzhou City.

“Our agreement with China Intime is our first with a high-end retailer,” said Zhenggang Wang, China 3C Group Chairman and CEO. “We believe our penetration into its flagship store can further diversify our customer base and maximize sales of our leading mobile phone brands.”

China 3C will sell about 20 brands and 100 models of mobile phones, including those from Nokia, Samsung, Sony-Ericsson and Motorola. The company, overall, is a retailer and wholesale distributor of consumer and business products in China. Its goal is to become the number one retailer of communities, creation and connectedness (3C) products in China.

“It’s a pleasure to work with a highly professional, well-organized retailer like China 3C Group that can offer specialized consumer electronics retailer products to our growing customer base,” said Mr. Wang Wei, general manager of the LiQun department store. “We look forward to strengthening our relationship in the coming months.”