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Total Film Group Acquires Stake in MeetChina.com

Published by: rose 2009-01-07
Total Film Group Inc. is acquiring a 25 percent interest in MeetChina.com, the operator of China's only e-commerce portal that is officially sponsored and sanctioned by the Chinese government.

.cn China: International Development Research Centre::
Total bandwidth connecting to the United States, Russia, France, . In August 2004, Amazon.com acquired a 100 per cent stake in Joyo.com.
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Financial terms were not disclosed.

Total Film Group said its advertising subsidiary, Total Creative Inc., will provide MeetChina.com's client subscribers, which presently number 30,000 companies, with a range of traditional and electronic advertising and marketing services.

With offices in Beijing, Shanghai and other major Chinese cities, MeetChina makes it possible for China's manufacturing companies to gain direct access to international markets and distribution services. The company also offers companies throughout the world access to Chinese consumers.

Acorn International, Inc. (Form: 20-F, Received: 05/30/2008 08:47:30)::
Total current assets. 100301400, 261278355. Property and equipment, net. 5157156 , 13322488. Acquired intangible assets, net. 5101567, 4775805. Goodwill
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To promote each Chinese business effectively, Total Creative is expected to provide a combination of traditional and electronic advertising services, which will include ad and brand campaigns, TV and print, online marketing and corporate identification.

MeetChina has a revenue sharing arrangement with five Chinese federal ministries. The company has also been granted the status of Wholly Owned Foreign Enterprise, (WOFE), a designation conferred by the Chinese government on a single, pioneering company allowing it to act as a promotion center and electronic gateway that provides merchandisers throughout the world access Chinese products. US Business Network Inc. has a controlling interest in MeetChina.

Business News for IT Managers::
Total Film Group Acquires Stake in MeetChina.com - 08/03/1999 Latin American E- Commerce Taking Hold - 08/03/1999 Singapore Lifts 49 Percent Equity Barrier
http://news.earthweb.com/bus-news/archives.php/199908
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Film - Search internet.com::
Total Film Group Inc. [ More Stats ]. Partner With Us. InternetNews.com >> E -Commerce. Total Film Group Acquires Stake in MeetChina.com. Total Film
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"This relationship provides our company with a significant stake in the emerging and potentially explosive Chinese market," said Gerald Green, chairman and CEO of Total Film Group Inc." Furthermore, this transaction acts as a catalyst for repositioning our company as a future force in digital film technology and production, as well as digital advertising and Web development."

CREATIVE MASTER INTERNATIONAL INC (Form: DEF 14A, Received: 06/02 ::
In 1999, Corgi Classics, which comprised almost 10% of total net sales of the Company, was acquired by Zindart Industrial Ltd, a company which owns die-cast
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Total Film Group is an independent entertainment organization primarily involved in the financing, production and distribution of motion pictures. The company's recent acquisitions of Dyer Communications Inc., Michel/Russo Inc. and Skyrocket Interactive Inc. (merged to form Total Creative Inc.), is part of Total Film Group's plan to position itself as a leader in the field of traditional and digital advertising and marketing, as well.


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