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Article: China 3C Group Signs With Hangzhou Lianhua Huashang Group to Open 20 Retail Stores.
- Article from:
- PR Newswire
- Article date:
- October 23, 2006
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Copyright informationCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ZHEJIANG PROVINCE, China, Oct. 23 /PRNewswire-FirstCall/ -- China 3C Group (BULLETIN BOARD: CHCG) , a major retailer and distributor of consumer and business products, announced today that it has signed an agreement with Hangzhou Lianhua Huashang Group, a leading retail chain in Zhejiang Province with more than 10,000 employees, to open 20 independent retail stores in Hangzhou Lianhua's supermarkets to sell home electronics. These new stores are expected to provide China 3C Group with annual revenues of approximately $5 million.
Zhenggang Wang, CEO of China 3C Group, said, "Our agreement with Hangzhou Lianhua will further strengthen our sales network in Zhejiang ...
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