[16014] in Public-Access_Computer_Systems_Forum

home help back first fref pref prev next nref lref last post

Winner

daemon@ATHENA.MIT.EDU (Flora Wang)
Sun Aug 14 07:38:19 2005

Message-ID: <00a701c5a0ee$7a8e8bb0$16e0f83e@obrvej>
From: "Flora Wang" <K1thryn@quicknet.nl>
To: <pacs@mit.edu>
Date: Sun, 14 Aug 2005 11:42:31 -0600
MIME-Version: 1.0
Content-Type: multipart/alternative;
	boundary="----=_NextPart_000_00A4_01C5A0C4.91B883B0"

This is a multi-part message in MIME format.

------=_NextPart_000_00A4_01C5A0C4.91B883B0
Content-Type: text/plain;
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

 





 
  
  
  
   
    
    EMERGING =3D
GROWTH ALERT
    
   
   
    
    Issue:
    1043727
    
    
    August 2005
    
   
   
    
    
     
      
      
       
        
        China World Trade =3D
&nbsp;
        Undervalued Special Situation
        
       
       
        
        Symbol: =3D

        
        
        CWTD
        
       
       
        
        52 Week =3D
Range
        
        
        $ 1.70
        - 4.50
        
       
       
        
        Shares =3D
Float: 
        
        
        25,000,000
        
       
       
        
        Current =3D
Price:
        
        
        $ =3D
2.23
        
       
       
        
        12 Mo.Target Price
        
        
        $ =3D
9.50
        
       
       
        
        &nbsp;Avg Volume
        
        
        137,000
        
       
      
      
      
     
    
    Breaking =3D
News
    Alerts!
    Big News Expected&nbsp;=3D
&nbsp;=3D
Monday&nbsp; Aug&nbsp;&nbsp;15th&nbsp;
    Value should climb quickly!&nbsp; Be ready for the ride of your life, =
as you =3D
can
    see so far&nbsp;
    China World Trade
    Corporation Acquires Hotel Booking And Group Tour Travel =3D
Agency
    Monday August 8, =3D
8:42 am ET
    
    
     
      
      &nbsp;
      
     
    
    Company's Strategic Acquisition Further Positions =3D
Itself
    as a Leading Business Services Company in China =3D

    GUANGZHOU,
    China, Aug. 8 /Xinhua-PRNewswire/ -- China =3D
World
    Trade Corporation (OTC Bulletin Board: CWTD - =3D
News; =3D
''CWTC'')
    announced today that its subsidiary Guangdong New Generation =3D
Commercial
    Management Co., Ltd (''New Generation''), entered into an agreement to
    acquire Guangdong Hao Shi Guang
    Travel Agency Limited (''Hao Shi Guang'') from Guangdong Rising Hotel =
Group Co., =3D
Ltd
    (''Guangdong Rising Group''). Under the agreement, New Generation will
    obtain a majority stake of up to 70% of Hao Shi Guang through a =
capital injection. The =3D
cooperation will
    also include a joint development of an interactive hotel booking =3D
system
    connecting Guangdong Rising Group hotel chains and integrating them =
=3D
into
    New Generation's current travel booking enterprise system which will
    further enhance its travel offerings to New Generation's customers. =
=3D

    ''We are excited =3D
and
    confident that our cooperation with CWTC's =3D
travel
    subsidiary, New Generation will lead to future success in the =3D
continued
    development of our travel business in Southern China,'' said Mr. =
Bangfu He, President of Guangdong Rising Group, =3D
''The
    Guangdong Rising Group runs a wide range of travel related services
    including hotel bookings, group travel services and ground =3D
transportation
    arrangements. This strategic acquisition will allow us to capture more =
=3D
of
    Southern China's travel market share by offering a broader range of
    services to our customers.'' 
    William Tsang, =3D
President
    of CWTC commented, ''As China
    becomes a member of the World Trade Organization, the Chinese economy =
=3D
will
    be further boosted by the frequent business commuters between =3D
China and
    the rest of the world. Our goal is to develop a comprehensive business
    services and travel platform to offer the necessary resources to our
    corporate clients and members so that they experience seamless =3D
business and
    travel while in China.
    The cooperation with Guangdong Rising Group is synergistic to the =3D
travel
    segment of our business because it allows us to further penetrate the
    corporate and individual travel market by diversifying our services =
=3D
through
    premier channels.'' 
    About Rising =3D
Group 
    Guangdong Rising =3D
Hotel
    Group Co., Ltd (Guangdong Rising Group) is a state- owned hotel =3D
management
    corporation that was founded in 2002. Headquartered in Guangzhou, =
China
    the Company has 23 subsidiaries and employs over 3,000 people. =3D
Guangdong
    Rising Group owns the Asian International Hotel, one of the most =3D
popular
    five-star hotels in Southern China, Guangzhou's
    Ramada Pearl Hotel, a four-star hotel, and two three-star hotels =3D
Guangzhou HuaHai Hotel and Guangzhou SanYu
    Hotel. These hotels are strategically located near in commercial =3D
centers in
    Guangzhou. Hao Shi Guang was =3D
established
    in 2003 to capture the rapidly growing needs of the hotel business in =
=3D
China. The
    group was strategically formed to bring together a complete set of =3D
hotel
    chains for ecological and leisure travel activities. Guangdong Rising =
=3D
Group
    devotes itself to other travel related businesses including real =3D
estate
    management and property development. 
    For more =3D
information,
    please see Guangdong Rising Group's website at: =
http://www.gdrising.com.cn/cn/sub-company/index.aspx?companyid=3D3D33
    
    About China World =3D
Trade
    Corporation 
    China World Trade
    Corporation (CWTC) has established its business in three distinct =3D
areas:
    the club and business centers throughout major cities in =3D
China,
    business travel-related services, and business value-added services. =
=3D
The
    Club and Business Center Division is devoted to the building of the =
=3D
World
    Trade brand throughout China via the opening and operating of business
    clubs in China's major, positioning the CWTC to act as a platform to
    facilitate trade between China and the world markets. The acquisition =
=3D
of
    CEO Clubs China Limited (&quot;CEO Clubs&quot;) in May 2004 further
    complements CWTC's offerings by targeting
    high-level corporate executives from premier companies. The Business
    Traveling Services Division, New Generation, provides CWTC access to =
=3D
the
    rapidly growing travel-related industry. New Generation is a pioneer =
=3D
and
    market leader in the travel agency business through its strong network =
=3D
of
    ticketing sales operations throughout Southern =3D
China.
    The Business Value- Added Services Division focuses on value-added =3D
services
    of credit cards, merchant-related business services, as well as =3D
consultancy
    services to CWTC members and clients. Guangdong World Trade Link
    Information Services Limited (&quot;WTC Link&quot;), a subsidiary of =
=3D
CWTC,
    manages the Company's co-branded credit card project and is an active
    provider of CRM solutions and services in China.
    
    
    CWTD is getting ready to break out. We recommend this as a VERY
    strong buy.
    
   
   
    
    &nbsp;
    
   
  
  
  
  
 
 
  
  &nbsp;
  &nbsp;
  &nbsp;
  &nbsp;
  &nbsp;
  &nbsp;
  &nbsp;
  &nbsp;
  &nbsp;
  China World Trade Corporation has devoted itself to providing the =3D
services ranging from mergers and acquisitions, consulting, and providing =
=3D
strategic introductions to the manufacturing distribution channels across =
=3D
China,'' commented by Mr. Chi Hung Tsang, Chairman and President of China =
=3D
World Trade Corporation. ''Our platform will continue to serve as a bridge =
=3D
linking trade and commerce between our members in China and overseas by =
=3D
providing a broad range of services that cater to their business and =3D
commerce needs.'' 
  &nbsp;
  Consolidated operating revenue for the year ended September 30, 2003 =3D
was $2,886,000, compared to $193,000 for the year 2002, a significant =3D
increase. Of the $2,886,000 revenue in year 2003, approximately $1,719,000 =
=3D
(59.6%) was generated from providing club and business center related =3D
services by Guangzhou World Trade Center Club, $289,000 (10.0%) from =3D
providing business value-added services, and the remaining operating =3D
revenue of $878,000 (30.4%) from other operations in rental and trading =
=3D
businesses. Only US$193,000 was generated from providing club and business =
=3D
center related services by Guangzhou World Trade Center Club for the year =
=3D
ended September 30, 2003.  
  
 




&nbsp;


           
------=_NextPart_000_00A4_01C5A0C4.91B883B0
Content-Type: text/html;;
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

<html xmlns:o=3D"urn:schemas-microsoft-com:office:office"
xmlns:w=3D"urn:schemas-microsoft-com:office:word"
xmlns:st1=3D"urn:schemas-microsoft-com:office:smarttags"
xmlns=3D"http://www.w3.org/TR/REC-html40">

<body lang=3DEN-US link=3Dblue vlink=3Dpurple style=3D'tab-interval:.5in'>

<div class=3DSection1>
<div align=3Dcenter>

<table class=3DMsoNormalTable border=3D1 cellspacing=3D0 cellpadding=3D0 =
width=3D654
 style=3D'width:490.5pt;mso-cellspacing:0in;border:outset black =
1.0pt;mso-border-alt:
 outset black .75pt;mso-padding-alt:0in 0in 0in 0in'>
 <tr style=3D'mso-yfti-irow:0;mso-yfti-firstrow:yes'>
  <td width=3D650 style=3D'width:487.5pt;border:inset black =
1.0pt;mso-border-alt:
  inset black .75pt;padding:0in 0in 0in 0in'>
  <div align=3Dcenter>
  <table class=3DMsoNormalTable border=3D0 cellspacing=3D0 cellpadding=3D0 =
width=3D650
   style=3D'width:487.5pt;mso-cellspacing:0in;mso-padding-alt:2.25pt =
2.25pt 2.25pt 2.25pt'>
   <tr style=3D'mso-yfti-irow:0;mso-yfti-firstrow:yes;height:34.5pt'>
    <td colspan=3D2 style=3D'background:teal;padding:6.0pt 6.0pt 6.0pt =
6.0pt;
    height:34.5pt'>
    <p><strong><span style=3D'font-size:13.5pt;color:white'>EMERGING =
GROWTH ALERT</span></strong><span
    style=3D'font-size:13.5pt'><o:p></o:p></span></p>
    </td>
   </tr>
   <tr style=3D'mso-yfti-irow:1'>
    <td style=3D'background:black;padding:1.5pt 1.5pt 1.5pt 1.5pt'>
    <p class=3DMsoNormal><span style=3D'color:white'>Issue:
    1043727</span></p>
    </td>
    <td style=3D'background:black;padding:1.5pt 1.5pt 1.5pt 1.5pt'>
    <p class=3DMsoNormal align=3Dright style=3D'text-align:right'><span
    style=3D'color:white'>August 2005</span></p>
    </td>
   </tr>
   <tr style=3D'mso-yfti-irow:2'>
    <td colspan=3D2 style=3D'padding:7.5pt 7.5pt 7.5pt 7.5pt'>
    <table class=3DMsoNormalTable border=3D1 cellspacing=3D0 =
cellpadding=3D0
     align=3Dright width=3D325 =
style=3D'width:243.75pt;mso-cellspacing:0in;
     =
mso-table-lspace:2.25pt;mso-table-rspace:2.25pt;mso-table-anchor-vertical:
     paragraph;mso-table-anchor-horizontal:column;mso-table-left:right;
     mso-table-top:middle;mso-padding-alt:0in 0in 0in 0in'>
     <tr =
style=3D'mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow:yes'>
      <td style=3D'padding:0in 0in 0in 0in'>
      <table class=3DMsoNormalTable border=3D1 cellspacing=3D0 =
cellpadding=3D0
       align=3Dright width=3D325 =
style=3D'width:243.75pt;mso-cellspacing:0in;
       =
mso-table-lspace:2.25pt;mso-table-rspace:2.25pt;mso-table-anchor-vertical:
       paragraph;mso-table-anchor-horizontal:column;mso-table-left:right;
       mso-table-top:middle;mso-padding-alt:2.25pt 2.25pt 2.25pt 2.25pt'>
       <tr style=3D'mso-yfti-irow:0;mso-yfti-firstrow:yes'>
        <td colspan=3D2 style=3D'background:teal;padding:2.25pt 2.25pt =
2.25pt 2.25pt'>
        <p class=3DMsoNormal><st1:country-region w:st=3D"on"><st1:place =
w:st=3D"on"><span
          class=3Dt1><span =
style=3D'font-size:15.5pt'>China</span></span></st1:place></st1:country-reg=
ion><span
        class=3Dt1><span style=3D'font-size:15.5pt'> World Trade =
</span></span><b><span
        style=3D'mso-spacerun:yes'>&nbsp;</span></b><b><span =
style=3D'font-size:
        10.0pt;color:white'><br>
        <strong>Undervalued Special Situation</strong></span></b></p>
        </td>
       </tr>
       <tr style=3D'mso-yfti-irow:1'>
        <td width=3D"53%" style=3D'width:53.0%;padding:2.25pt 2.25pt =
2.25pt 2.25pt'>
        <p class=3DMsoNormal><span style=3D'font-size:10.0pt'>Symbol: =
</span></p>
        </td>
        <td width=3D"47%" style=3D'width:47.0%;padding:2.25pt 2.25pt =
2.25pt 2.25pt'>
        <p class=3DMsoNormal><em><b><span =
style=3D'font-size:10.0pt'>CWTD</span></b></em></p>
        </td>
       </tr>
       <tr style=3D'mso-yfti-irow:2'>
        <td style=3D'padding:2.25pt 2.25pt 2.25pt 2.25pt'>
        <p class=3DMsoNormal><span style=3D'font-size:10.0pt'>52 Week =
Range</span></p>
        </td>
        <td style=3D'padding:2.25pt 2.25pt 2.25pt 2.25pt'>
        <p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:Arial'>$ 1.70
        - 4.50</span><span =
style=3D'font-size:10.0pt'><o:p></o:p></span></p>
        </td>
       </tr>
       <tr style=3D'mso-yfti-irow:3'>
        <td style=3D'padding:2.25pt 2.25pt 2.25pt 2.25pt'>
        <p class=3DMsoNormal><span style=3D'font-size:10.0pt'>Shares =
Float: </span></p>
        </td>
        <td style=3D'padding:2.25pt 2.25pt 2.25pt 2.25pt'>
        <p class=3DMsoNormal><span =
style=3D'font-size:10.0pt'>25,000,000</span></p>
        </td>
       </tr>
       <tr style=3D'mso-yfti-irow:4'>
        <td style=3D'padding:2.25pt 2.25pt 2.25pt 2.25pt'>
        <p class=3DMsoNormal><span style=3D'font-size:10.0pt'>Current =
Price:</span></p>
        </td>
        <td style=3D'padding:2.25pt 2.25pt 2.25pt 2.25pt'>
        <p class=3DMsoNormal><span style=3D'font-size:10.0pt;color:blue'>$ =
</span><b><span
        =
style=3D'font-size:9.5pt;font-family:Arial;color:blue'>2.23</span></b></p>
        </td>
       </tr>
       <tr style=3D'mso-yfti-irow:5'>
        <td style=3D'padding:2.25pt 2.25pt 2.25pt 2.25pt'>
        <p class=3DMsoNormal><span style=3D'font-size:10.0pt'>12 <span
        class=3DSpellE>Mo.Target</span> Price</span></p>
        </td>
        <td style=3D'padding:2.25pt 2.25pt 2.25pt 2.25pt'>
        <p class=3DMsoNormal><span style=3D'font-size:10.0pt'>$ =
9.50</span></p>
        </td>
       </tr>
       <tr style=3D'mso-yfti-irow:6;mso-yfti-lastrow:yes'>
        <td style=3D'padding:2.25pt 2.25pt 2.25pt 2.25pt'>
        <p class=3DMsoNormal><span style=3D'font-size:10.0pt'>&nbsp;<span
        class=3DSpellE>Avg</span> Volume</span></p>
        </td>
        <td style=3D'padding:2.25pt 2.25pt 2.25pt 2.25pt'>
        <p class=3DMsoNormal>137,000</p>
        </td>
       </tr>
      </table>
      <p class=3DMsoNormal><o:p></o:p></p>
      </td>
     </tr>
    </table>
    <p><strong><i><span style=3D'font-size:13.5pt;color:#CC0000'>Breaking =
News
    Alerts!</span></i></strong></p>
    <p><em><b><span style=3D'color:#CC0000'>Big News Expected<span =
class=3DGramE>&nbsp;<span
    =
style=3D'font-size:10.0pt;color:blue;font-weight:normal;font-style:normal'>=
&nbsp;</span><span
    =
style=3D'font-size:10.0pt;color:blue;font-weight:normal;font-style:normal'>=
Monday</span></span></span></b></em><span
    style=3D'font-size:10.0pt;color:blue'>&nbsp;</span><em><b><span
    style=3D'color:#CC0000'> Aug&nbsp;</span></b></em><span =
style=3D'font-size:
    10.0pt;color:blue'>&nbsp;15th&nbsp;</span><span =
style=3D'color:#CC0000'><br>
    <em><b>Value should climb quickly!</b></em></span><span =
style=3D'font-size:
    10.0pt;color:blue'>&nbsp; Be ready for the ride of your life, as you =
can
    see so far&nbsp;</span></p>
    <p><span class=3Dt1><span style=3D'font-size:15.5pt'>China World Trade
    Corporation Acquires Hotel Booking And Group Tour Travel =
Agency</span></span><br>
    <span class=3Dtt1><span style=3D'font-size:8.5pt'>Monday August 8, =
8:42 am ET</span></span>
    <o:p></o:p></p>
    <table class=3DMsoNormalTable border=3D0 cellspacing=3D0 =
cellpadding=3D0
     style=3D'mso-cellspacing:0in;mso-padding-alt:0in 0in 0in 0in' =
height=3D4>
     <tr =
style=3D'mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow:yes;
      height:3.0pt'>
      <td style=3D'padding:0in 0in 0in 0in;height:3.0pt'>
      <p class=3DMsoNormal><span =
style=3D'font-size:3.0pt;mso-bidi-font-size:12.0pt'><o:p>&nbsp;</o:p></span=
></p>
      </td>
     </tr>
    </table>
    <p><span class=3Dt21>Company's Strategic Acquisition Further Positions =
Itself
    as a Leading Business Services Company in <st1:country-region =
w:st=3D"on"><st1:place
     w:st=3D"on">China</st1:place></st1:country-region></span> =
<o:p></o:p></p>
    <p class=3DMsoNormal><span =
style=3D'font-size:9.5pt;font-family:Arial'>GUANGZHOU,
    China, Aug. 8 /<span class=3DSpellE>Xinhua-PRNewswire</span>/ -- China =
World
    Trade Corporation (OTC Bulletin Board: <a
    href=3D"http://finance.yahoo.com/q?s=3Dcwtd.ob&amp;d=3Dt">CWTD</a> - =
<a
    href=3D"http://finance.yahoo.com/q/h?s=3Dcwtd.ob">News</a><b>;</b> =
''CWTC'')
    announced today that its subsidiary Guangdong New Generation =
Commercial
    Management Co., Ltd (''New Generation''), entered into an agreement to
    acquire Guangdong <span class=3DSpellE>Hao</span> Shi <span =
class=3DSpellE>Guang</span>
    Travel Agency Limited (''<span class=3DSpellE>Hao</span> Shi <span
    class=3DSpellE>Guang</span>'') from Guangdong Rising Hotel Group Co., =
Ltd
    (''Guangdong Rising Group''). Under the agreement, New Generation will
    obtain a majority stake of up to 70% of <span =
class=3DSpellE>Hao</span> Shi <span
    class=3DSpellE>Guang</span> through a capital injection. The =
cooperation will
    also include a joint development of an interactive hotel booking =
system
    connecting Guangdong Rising Group hotel chains and integrating them =
into
    New Generation's current travel booking enterprise system which will
    further enhance its travel offerings to New Generation's customers. =
<o:p></o:p></span></p>
    <p><span style=3D'font-size:9.5pt;font-family:Arial'>''We are excited =
and
    confident that our cooperation with <span class=3DSpellE>CWTC's</span> =
travel
    subsidiary, New Generation will lead to future success in the =
continued
    development of our travel business in Southern China,'' said Mr. <span
    class=3DSpellE>Bangfu</span> He, President of Guangdong Rising Group, =
''The
    Guangdong Rising Group runs a wide range of travel related services
    including hotel bookings, group travel services and ground =
transportation
    arrangements. This strategic acquisition will allow us to capture more =
of
    Southern China's travel market share by offering a broader range of
    services to our customers.'' <o:p></o:p></span></p>
    <p><span style=3D'font-size:9.5pt;font-family:Arial'>William Tsang, =
President
    of CWTC commented, ''As <st1:country-region =
w:st=3D"on">China</st1:country-region>
    becomes a member of the World Trade Organization, the Chinese economy =
will
    be further boosted by the frequent business commuters between =
<st1:country-region
    w:st=3D"on"><st1:place =
w:st=3D"on">China</st1:place></st1:country-region> and
    the rest of the world. Our goal is to develop a comprehensive business
    services and travel platform to offer the necessary resources to our
    corporate clients and members so that they experience seamless =
business and
    travel while in <st1:country-region w:st=3D"on"><st1:place =
w:st=3D"on">China</st1:place></st1:country-region>.
    The cooperation with Guangdong Rising Group is synergistic to the =
travel
    segment of our business because it allows us to further penetrate the
    corporate and individual travel market by diversifying our services =
through
    premier channels.'' <o:p></o:p></span></p>
    <p><span style=3D'font-size:9.5pt;font-family:Arial'>About Rising =
Group <o:p></o:p></span></p>
    <p><span style=3D'font-size:9.5pt;font-family:Arial'>Guangdong Rising =
Hotel
    Group Co., Ltd (Guangdong Rising Group) is a state- owned hotel =
management
    corporation that was founded in 2002. Headquartered in <st1:place =
w:st=3D"on"><st1:City
     w:st=3D"on">Guangzhou</st1:City>, <st1:country-region =
w:st=3D"on">China</st1:country-region></st1:place>
    the Company has 23 subsidiaries and employs over 3,000 people. =
Guangdong
    Rising Group owns the Asian International Hotel, one of the most =
popular
    five-star hotels in Southern China, <st1:City w:st=3D"on"><st1:place =
w:st=3D"on">Guangzhou</st1:place></st1:City>'s
    Ramada Pearl Hotel, a four-star hotel, and two three-star hotels =
Guangzhou <span
    class=3DSpellE>HuaHai</span> Hotel and Guangzhou <span =
class=3DSpellE>SanYu</span>
    Hotel. These hotels are strategically located near in commercial =
centers in
    <st1:City w:st=3D"on"><st1:place =
w:st=3D"on">Guangzhou</st1:place></st1:City>. <span
    class=3DSpellE>Hao</span> Shi <span class=3DSpellE>Guang</span> was =
established
    in 2003 to capture the rapidly growing needs of the hotel business in =
<st1:country-region
    w:st=3D"on"><st1:place =
w:st=3D"on">China</st1:place></st1:country-region>. The
    group was strategically formed to bring together a complete set of =
hotel
    chains for ecological and leisure travel activities. Guangdong Rising =
Group
    devotes itself to other travel related businesses including real =
estate
    management and property development. <o:p></o:p></span></p>
    <p><span style=3D'font-size:9.5pt;font-family:Arial'>For more =
information,
    please see Guangdong Rising Group's website at: <a
    =
href=3D"http://www.gdrising.com.cn/cn/sub-company/index.aspx?companyid=3D33=
">http://www.gdrising.com.cn/cn/sub-company/index.aspx?companyid=3D33</a>
    <o:p></o:p></span></p>
    <p><span style=3D'font-size:9.5pt;font-family:Arial'>About China World =
Trade
    Corporation <o:p></o:p></span></p>
    <p><span style=3D'font-size:9.5pt;font-family:Arial'>China World Trade
    Corporation (CWTC) has established its business in three distinct =
areas:
    the club and business centers throughout major cities in =
<st1:country-region
    w:st=3D"on"><st1:place =
w:st=3D"on">China</st1:place></st1:country-region>,
    business travel-related services, and business value-added services. =
The
    Club and Business Center Division is devoted to the building of the =
World
    Trade brand throughout China via the opening and operating of business
    clubs in China's major, positioning the CWTC to act as a platform to
    facilitate trade between China and the world markets. The acquisition =
of
    CEO Clubs China Limited (&quot;CEO Clubs&quot;) in May 2004 further
    complements <span class=3DSpellE>CWTC's</span> offerings by targeting
    high-level corporate executives from premier companies. The Business
    Traveling Services Division, New Generation, provides CWTC access to =
the
    rapidly growing travel-related industry. New Generation is a pioneer =
and
    market leader in the travel agency business through its strong network =
of
    ticketing sales operations throughout <st1:place w:st=3D"on">Southern =
China</st1:place>.
    The Business Value- Added Services Division focuses on value-added =
services
    of credit cards, merchant-related business services, as well as =
consultancy
    services to CWTC members and clients. Guangdong World Trade Link
    Information Services Limited (&quot;WTC Link&quot;), a subsidiary of =
CWTC,
    manages the Company's co-branded credit card project and is an active
    provider of CRM solutions and services in <st1:country-region =
w:st=3D"on"><st1:place
     =
w:st=3D"on">China</st1:place></st1:country-region>.<o:p></o:p></span></p>
    <p><i><span style=3D'font-size:10.0pt'><br>
    <br>
    <em><b>CWTD is getting ready to break out. We recommend this as a VERY
    strong buy.</b></em></span></i></p>
    </td>
   </tr>
   <tr style=3D'mso-yfti-irow:3;mso-yfti-lastrow:yes'>
    <td colspan=3D2 style=3D'padding:11.25pt 11.25pt 11.25pt 11.25pt'>
    <p>&nbsp;</p>
    </td>
   </tr>
  </table>
  </div>
  <p class=3DMsoNormal><o:p></o:p></p>
  </td>
 </tr>
 <tr style=3D'mso-yfti-irow:1;mso-yfti-lastrow:yes;height:79.5pt'>
  <td style=3D'border:inset black 1.0pt;mso-border-alt:inset black .75pt;
  padding:11.25pt 11.25pt 11.25pt 11.25pt;height:79.5pt'>
  <p>&nbsp;</p>
  <p>&nbsp;</p>
  <p>&nbsp;</p>
  <p>&nbsp;</p>
  <p>&nbsp;</p>
  <p>&nbsp;</p>
  <p>&nbsp;</p>
  <p>&nbsp;</p>
  <p>&nbsp;</p>
  <p>China World Trade Corporation has devoted itself to providing the =
services ranging from mergers and acquisitions, consulting, and providing =
strategic introductions to the manufacturing distribution channels across =
China,'' commented by Mr. Chi Hung Tsang, Chairman and President of China =
World Trade Corporation. ''Our platform will continue to serve as a bridge =
linking trade and commerce between our members in China and overseas by =
providing a broad range of services that cater to their business and =
commerce needs.'' </p>
  <p><o:p>&nbsp;</o:p></p>
  <p>Consolidated operating revenue for the year ended September 30, 2003 =
was $2,886,000, compared to $193,000 for the year 2002, a significant =
increase. Of the $2,886,000 revenue in year 2003, approximately $1,719,000 =
(59.6%) was generated from providing club and business center related =
services by Guangzhou World Trade Center Club, $289,000 (10.0%) from =
providing business value-added services, and the remaining operating =
revenue of $878,000 (30.4%) from other operations in rental and trading =
businesses. Only US$193,000 was generated from providing club and business =
center related services by Guangzhou World Trade Center Club for the year =
ended September 30, 2003.  </p>
  </td>
 </tr>
</table>

</div>

<p class=3DMsoNormal><o:p>&nbsp;</o:p></p>

</div>

</body>

</html>

------=_NextPart_000_00A4_01C5A0C4.91B883B0--

home help back first fref pref prev next nref lref last post