EFUT
1.1m float 2.6m o/s .43 eps for year ended 12/05 IBM
partner, eFuture has over 500 customers, 30% of the
top 30 retailers in China and 30% of top 500 retailers
in China.
Financials:
http://www.sec.gov/Archives/edgar/data/1329365/000119312506179875/d20fa.htm
IBM connection:
One Chinese software company that IBM researchers are
working with is efuture Information Tech Inc., a
developer of retail technology. IBM wants to help
efuture make its supply-chain-collaboration software
more compatible with major business applications used
by multinational companies. Also, IBM hopes adapting
software such as efuture's to the collaborative tools
built into its middleware products, such as IBM
WebSphere, will boost its sales in China.
http://informationweek.com/story/showArticle.jhtml?articleID=51000468
EFUT and SAP from 09/20/06
here is EFUT and SAP article http://www.e-future.com.cn/ArticleShow.asp?ArticleID=266&BigClassName=English
SAP hands with eFuture to promote Chinese retail information industry
eFuture Announces its Debut Listing on NASDAQ Market
Capital
Wednesday November 1, 9:00 am ET
BEIJING, Nov. 01 /Xinhua-PRNewswire/ -- eFuture
Information Technology makes its debut listing on
NASDAQ with symbol: EFUT.
eFuture Information Technology Inc. (eFuture), a
leading provider of integrated software and
professional services in China's supply chain front
market, announced the closing of its initial public
offering of 1,133,500 ordinary shares at $6.00/shar,
raising 6.8 million dollars.
The ordinary shares began trading on the Nasdaq
Capital Market on October 31, 2006 under the symbol
"EFUT", shares of eFuture climbed 16.67% in their
first day of trading in US Tuesday.
eFuture is the first Chinese software company listed
in NASDAQ CAPITAL MARKET, and also the first software
company in the front supply chain market, therefore,
it will spark the interests of domestic and overseas
investors sooner or later.
Adam Yan, eFuture's Chairman and CEO, says: ''China
has enjoyed and sustained economic growth for many
years and now China's market is huge, particularly in
retail and consumer market. Therefore, we have
established three basic strategies. First, Upon
China's growth opportunities of next five years, we
will constantly solidify our leading position and
expand our and market share through organic growth in
the front supply chain market, particularly in retail
and FMCG (Fast Moving Consumer Goods) markets; Second,
efuture will take the lead in outsourcing,
international business, SAAS service through business
model innovation. Third, we will not miss any
opportunity to acquire companies, which can increase
our shareholder's value.
About eFuture
eFuture Information Technology Inc. (''eFuture'') is a
provider of integrated software and professional
services for manufacturers, distributors, wholesalers,
logistics companies and retailers in China's supply
chain front market.
eFuture's customers are centered in the retail,
automotive, general household appliance and consumer
goods industries. Its solutions are specifically
designed to optimize demand processes from finished
goods to customer checkout, and to address supply
chain management, business processes, decision
support, inventory optimization, collaborative
planning and forecasting requirements. eFuture 's
software solutions business is enhanced and supported
by its consulting services and ongoing maintenance on
existing software installations.
eFuture has over 500 customers, 30% of the top 30
retailers in China and 30% of top 500 retailers in
China. And eFuture has also been selected to provide
the retail software for upwards of 500 retail stores
(Mickey Space) that will be selling Disney products in
China. In addition, eFuture provides products and
services to Proctor & Gamble, Ford, Panric, Haier,
Gucci, Suning, PARKSON, SOGO, Wangfujing, Homeway,
Orient home, and other large companies operating in
China's domestic markets.
For more information about eFuture, please visit
http://www.e-future.com.cn......... English channel.
My messages are not investment advice, investment solicitation or the like. Do not take action based on my messages. I do not guarantee or make claims to the accuracy of anything I post. I may buy or sell any securities I mention at anytime, even prior to posting. It is my opinion, that individuals should perform their own due diligence before investing in any stock at anytime and not base decisions on messages posted by other individuals. Individuals should assume 100% responsibility for their own investing. My messages are for my own entertainment only. LOW FLOAT stocks in particular can be volatile and are not for new traders in my opinion.
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