HONG KONG, Nov. 6, 2012 /PRNewswire/ -- The board of directors of China Public Procurement Limited (HKEx stock code: 1094, the "Company" or "CPP") is pleased to announce that the Company has signed certain agreements, a letter of intent and a memorandum of understanding with various procurement centers and official institutions at the Global Public Procurement (Wuhan-China) Forum and Sourcing Fair 2012 (the "2012 Forum") to provide procurement services for certain proposed projects pursuant to such documents.
A summary of the signed agreements are as follows:
| Signed documents | Parties to the Agreements | Expected Transaction Amount |
| Letter of Intent for consigned procurement | Manz AG; and WUHAN SENDLER TECHNOLOGY CO., LTD | Total procurement amount of not less than 7 million euros within 2 years |
| Memorandum of understanding in relation to the Sino-French electronic logistics and procurement platform | Aeroport de Chateauroux-Centre· France | -- |
| Investment Agreement in relation to the establishment of the metals trading platform of Southern China of the China Public Procurement Online Platform | Foshan Nengxing Metals Storage and Logistics Company Limited | Initial annual transaction amount of over RMB20 billion; annual transaction amount of over RMB100 billion within 3 years |
| Cooperation agreement in relation to the establishment of the electronic procurement platform of the Guangxi Zhuang Autonomous Region Bidding Authority | Guangxi Zhuang Autonomous Region Bidding Authority | -- |
Mr. Cheng Yuanzhong, Joint Chairman of the Company, said, "We are very honoured to facilitate the organisation of the 2012 Forum. It is a sign of recognition for CPP's business from the Chinese public procurement market. The 2012 Forum will be a strong aid for elevating CPP's market position in the sector, as well as enhancing our corporate image among the global public procurement industry."
Mr. Chen Shulin, Joint Chairman of the Company, said, "Signing of the said agreements marked the beginning of stable development for CPP. Benefiting from the gradual globalization of the Chinese public procurement market, the Company will record a steady growth in the future. The proposed projects will expand our source of income and create stable cash flow to us."
The 2012 Forum was held from 2 November 2012 to 4 November 2012. The organisation of the said forum is jointly led by China Federation of Logistics and Purchasing, the People's Government of Hubei Province and the Wuhan Municipal People's Government, facilitated by the Company and various government bodies and organisations, under the guidance of the Ministry of Commerce of the People's Republic of China (the "PRC") and the Development and Research Centre of the State Council. As the first international forum on public procurement to be held in the PRC, the 2012 Forum is attended by nearly 1,000 government officials, investors, experts, scholars and suppliers from the United States of America, Europe, Canada, mainland China, Hong Kong, Macau and Taiwan.
Below are the announcements issued by China Public Procurement from 12 June 2012 to 17 Oct 2012:
| Releases Time | Document | Announcement Content |
| 17 Oct 2012 | Appointment of Directors and Re-Designation of Officers | CPP announced appointment and re-designation of Director |
| 15 Oct 2012 | Voluntary Announcement | CPP facilitates the organisation of the Global Public Procurement Forum and organize the 2012 National Conference for Government Procurement Centres of the PRC |
| 22 Aug 2012 | Voluntary Announcement | CPP is authorized to implement agreements with Shenyang Procurement Centre to develop electronic procurement platform |
| 23 July 2012 | Voluntary Announcement | CPP is authorized to implement agreements with Hubei Procurement Centre to develop electronic procurement platform |
| 12 July 2012 | Voluntary Announcement | CPP is authorized to implement agreements with Hebei Procurement Centre to develop electronic procurement platform |
| 6 July 2012 | Voluntary Announcement | CPP is authorized to implement construction cooperation agreement with government in Nanhai, Qinghai and Hainan to develop electronic procurement platforms |
| 4 July 2012 | Discloseable Transaction – Purchase of the PRC Headquarter | CPP purchased a building in Optics Valley, Wuhan at RMB135M as Headquarter |
| 12 June 2012 | Voluntary Announcement | Transfer of preferred shares Guocai, enterprise with PRC government background, becomes CPP's largest shareholder |
About China Public Procurement Limited
China Public Procurement Limited is listed on the Main Board of The Stock Exchange of Hong Kong (stock code: 1094). The Group is principally engaged in the development of the public procurement services which involves the provision of procurement services to general public and government in the PRC, and the development of EMC service.
