DALLAS, April 17, 2006 (PRIMEZONE) -- DALLAS John Pentony, Publisher of StockGuru.com, announced today that the web site has initiated Profile Coverage of China 3C Group (OTCBB:CHCG). China 3C, located in Zhejiang, China, is the parent company of Zhejiang Yong Xin Digital Technology Co., Ltd ("ZYXD"). The company integrates the selling and distribution of 3C Products, (communication, IT, and digital products) through large, advanced logistic enterprises.
China 3C is partnered with some prestigious universities and research institutions in China and around the world, including Zhejiang University, the third most recognized university in China. They effectively utilize these universities' most updated innovations and studies in order to examine the 3C Products market in China and formulate suitable sales and marketing strategies for the company.
China 3C Group, formed in December, 2005, is the parent company of two well known and established electronic product distributors currently doing business in Eastern China, Yiwu Yong Xin Telecommunication Company Limited (YYXC) and Hangzhou Wang Da Electronics (HWDA) and their holding company, Zhejiang Yong Xin Digital Technology Company (ZYXD). The two subsidiaries are authorized sales agents for communication, IT, and digital products, or 3C products, in China.
To view the StockGuru.com Profile for China 3C Group, please visit:
http://www.stockguru.com/profiles/chcg/index.php
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995.
This news release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the recent economic slow down affecting technology companies, our ability to successfully develop products, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. Our Annual Report on Form 10-KSB, recent and forthcoming Quarterly Reports on Form 10-QSB, recent Current Reports on Forms 8-K and 8-K/A, and other SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.
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