DALIAN, China, Aug. 28 /PRNewswire-Asia-FirstCall/ -- China YiBai United Guarantee International Holding Inc. (Pink Sheets: CBGH; hereafter referred to as "China YiBai") announced that the Company, along with China Mining United Fund and the City of Xining TV, is going to hold 2009 China Small & Medium Enterprises (Qinghai) Venture Capital Summit in Sep, 18th.
After signing the Merger Agreement with Qinghai ZhengDa, Dalian Yibai SMEs Guarantee Ltd. (hereafter referred to as "Dalian Yibai"), which is the Chinese subsidiary of China Yibai start to process the prophase business, and the local small businesses are attracted by this summit. Dalian Yibai will operate the whole actions of Qinghai ZhengDa through this summit.
"We hold this Summit for the purpose of improving the slow growth of economy of Small and Medium business in Westeast of China and expanding a financing channel and solving the lacking in capital. Small business can get the most professional financing information and modes from authoritative financial organizations and professionals. Key financing information introduced by this Summit includes equity mortgage guarantee & loan and financing information about listing domestically and abroad," said Mr. Alex Li, CEO of China YiBai.
The Attendees are include Government representatives of all levels including Qinghai Province, Xining City and Chengdong District, the Provincial Committee of Economy and Trade, Municipal Finance Office, Banking Regulatory Commission, Regulatory Commission, General Chamber of Commerce.
About China YiBai United Guarantee International Holding Inc.
China YiBai United Guarantee International Holding Inc. (hereafter referred to as "China YiBai"), is a financial company specializing in providing financial services for Chinese small business. IG Finance Inc., together with China Dragon International Investment (HK) Co., Ltd. is the overseas subsidiary of China YiBai. Dalian YiBai Small & Medium Enterprises Guarantee Co., Ltd. (hereafter referred to as "Dalian YiBai"), is the Chinese subsidiary and main body of operation. Dalian Yibai is engaged in providing value added services for Chinese small business including equity mortgage guarantee and loan services, Finance Consultant, design of listing and merger plans as well as core competitiveness. Combing professional services of that of consultancy firms, accounting firms, law firms and securities traders, Dalian YiBai works with investment institutions in providing thoughtful and considerate services to enterprises to fulfil their share capital increasing and second financing needs. Recently, Dalian YiBai acquired the qualification as sponsor and market-maker from Tianjin Equity Exchange and is now specialized in financial services for non-listing enterprises. For additional information, please visit http://www.yibaichina.com .
