D F China (NASDAQ:DFCT)
Historical Stock Chart
From Jun 2019 to Jun 2024
![Click Here for more D F China Charts. Click Here for more D F China Charts.](/p.php?pid=staticchart&s=N%5EDFCT&p=8&t=15)
DF China Technology Inc. Expands Senior Management Team Board;
Authorizes Name Change to 'China Technology Global Corporation'
HONG KONG, Dec. 21 /Xinhua-PRNewswire-FirstCall/ -- DF China Technology Inc.
(OTC:DFCT) (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, today announced the recent expansion in its
senior management team. Also, its board of Directors has authorized the Company
to change its name to "China Technology Global Corporation."
Dr. Frank Fan, Chairman and CEO of DF China Technology Inc. commented: "We have
repositioned the Company for its dynamic growth starts from, 2005 and have
strengthened our senior management team with several key additions to our
existing roster of talented managers. Our new name will emphasize our global
vision, as we expand our products and services to markets around the world, as
a true multinational company. Our listing on the US Capital Market is already
indicative to our position in the global technology community."
The following are the biographies of DF China Technology Inc.'s senior
management team:
Dr. Frank Fan, the Company's Chairman and Chief Executive Officer, is a
seasoned business development veteran with over two decades of executive
experience. He is the founder, Chairman & CEO of DiChain Holdings Ltd., the
Company's largest shareholder. Dr. Fan is also the Chairman of China Merchants
DiChain (Asia) Ltd., an investment holding conglomerate that shares are traded
on the Hong Kong Stock Exchange. Previously, Dr. Fan served as Executive
Director and Chief Financial Officer of China Merchants Group, Executive Vice
President of Union Bank of Hong Kong Ltd., Vice President of China Merchants
Bank and Deputy Director of the Research Institute and the People's Bank of
China. Dr. Fan is a professor of Beijing University Guanghua Business School.
In 2001, he was named one of the Top 10 People of the Year in China's Logistics
Industry. He was recently elected as Chairman of the Chinese National Chamber
of Commerce of Logistics.
Dr. Wayne Wang, newly appointed as Executive Vice President and General Manager
of the Company, is in charge of software development, E-Commerce and the
Company's overall business operations. He has more than 15 years of experience
in the software development industry and received his Ph.D. degrees in
Industrial Engineering and Management from Hong Kong Technology University and
Central China University.
Mr. Leon Zhou, the Company's Executive Vice President and Director, newly
appointed as Chief Financial Officer, is also the Managing Director of China
Merchants DiChain (Asia) Ltd. He has over 12 years of experience in financial
management, working in various commerce, statistics and government bureaus in
China, as well as publicly listed companies, where he was involved in numerous
mergers and acquisitions, investment banking and project investments. He
obtained a Bachelor's Degree in Physics from Central-South University, China
and a Master of Science Degree in Business/Finance from the University of
Baltimore, Maryland.
Mr. Ching Nam Tai, newly appointed as Director of Business Strategy of the
Company, has over 7 years of experience in strategy research and development He
obtained a Master Degree of Business Economics from Chinese University of Hong
Kong.
Mr. Ching Hua Wong, newly appointed as Director of Marketing and Sales of the
Company, has over 30 years of marketing and sales experience in the information
technology business in China.
Dr. Arthur Qi, newly appointed as Vice President and Chief Technology Officer
of the Company, in charge of GIS (Geographic Information System) and GPS
(Global Positioning System) business, has over 10 years of experience in
research and applications of GIS, GPS, RS and Wireless Communication. He
received a PH.D. degree in GIS from the Institute of Geographical Science and
Natural Resources Research, Chinese Academy of Science.
Mr. James Wang, newly appointed as Vice President, Wireless Division, has over
five years working experience in the research and management in mobile
application business. He holds a bachelor degree in mechanism automation from
Zhengzhou Institute of Technology China and an Executive Master of Science
degree from Chinese University of Hong Kong.
About DF China Technology Inc.
DF China Technology Inc. (http://www.dichainchinatech.com/) 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 US$30 billion assets under its
management.
In the future, the Company aims to be one of the leading Chinese technology
companies by investing its resources into computer, wireless and internet
related information technologies.
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:
Alan Stone & Company, LLC
Alan Stone, Managing Director
Tel: +1-212-521-4102
Email:
Rand Brenner, Associate
Tel: +1-310-444-3940
Email:
DATASOURCE: DF China Technology Inc.
CONTACT: Leon Zhou, CFO, EVP, DF China Technology, Inc., +852-2255-0632,
; or Alan Stone, Managing Director, Alan Stone &
Company, LLC, +1-212-521-4102, , or Rand Brenner,
Associate, +1-310-444-3940,
Web site: http://www.dichainchinatech.com/