Article: SUNING, LENOVO REACHED A DIRECT SUPPLY AGREEMENT


AsiaInfo Services
08-04-2009
Suning, Lenovo Reached a Direct Supply Agreement

BEIJING, Aug 04, 2009 (SinoCast Daily Business Beat via COMTEX) -- China's largest computer manufacturer Lenovo Group Ltd. (SEHK: 0992) announced a product direct supply agreement with Suning Appliance Co., Ltd. (SZSE: 002024), one of the nation's largest household appliance retailers, and it is Lenovo's first direct supply cooperation with a household appliance retailer in the country.

Sunning predicted that the cooperation value would reach CNY 1.5 billion in the new fiscal year, and above CNY 5 billion in the coming three years.

Tang Jie, vice CEO of Lenovo Great China Area, and Jin Ming, CEO of Sunning ...

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