DCPCF Chinese B2B Sympathy for CLWT
CLWT rocketing on news of its new Chinese b2b. Another company Dransfield DCPCF announced its Chinese b2b last month-
DCPCF trading near 5
DCPC's B2B Platform Targets Penetration of PRC's Grassroots Market
Establishes PC Stations or Set-Top Boxes at Railroad Stations and Corner Stores in China
HONG KONG, Feb. 25 /PRNewswire/ -- Hong Kong-based Dransfield China Paper Corporation (``DCPC') (Nasdaq: DCPCF - news) announced that it will
extend the reach of its B2B electronic platform to viewers with the establishment of personal computer (PC) stations or set-top boxes at the 4,000 railroad stations in
China and at over 1 million corner stores throughout the country over five years.
Mr. Horace Yao, Deputy Chairman and Chief Executive Officer of DCPC, said, ``Railroad stations and corner stores are the largest outlets for consumers in China.
In view of this unique feature of the Chinese market, we aim to penetrate the grassroots market, educating and establishing early loyalty through the set-up of these
complimentary PCs on loan with an option to purchase. When a critical mass is reached, store owners are then required to sign up on an installment basis.'
``Actually our B2B electronic platform will not only act as a transaction intermediary, but also serve as a catalog for product information and advertising. It will be
very similar to Sears' catalog stores except that the catalog will be placed on the PCs and its contents will be designed and provided by the sellers.'
``The logistic support will be highly important for this e-catalog as we place our primary focus on the trade between China businesses and their international
counterparts. Therefore, we need to provide one-stop services, from offering trade links to providing logistic solutions for our customers. The Dransfield Group, our
parent company, has been operating a modern logistics centre at Futian, Shenzhen, the PRC, for over one year. Its depth of experience and asset backing will greatly
facilitate our development in the B2B business. Actually we focus on the lowest level of businesses which are basically many family corner stores where owners are
consumers and also retailers. The Dransfield Group, founded as a distributor, has much experience and exponential reach to this level of businessmen.'
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