HONG KONG, Nov. 30 /Xinhua-PRNewswire-FirstCall/ -- China Technology
Development Group Corporation (Nasdaq: CTDC) ("CTDC" or "the Company") today
announced the Company's Board of Directors ("the Board") convened a meeting
attended by all board members on November 27, 2006. The Board reviewed and
unanimously agreed that the 2006 Annual General Meeting of the shareholders
(the "Annual Meeting") will be held on December 22 and the close of business
on November 28, 2006, New York time, has been fixed as the record date of
the Annual Meeting.
The Board also reviewed, approved and proposed for submission to the
shareholders during the Annual Meeting, transactions involving the change of
substantial shareholders through the sale of outstanding shares by existing
substantial shareholders, and issuance of new shares and warrants for the
purchase of new shares, by the Company to new investors (the "Proposed
Transactions").
A full version of the notice of the Annual Meeting and the shareholders'
circular are filed in Form 6-K together with copies of the executed
agreements in connection with the Proposed Transactions, which is available
at http://www.nasdaq.com/asp/quotes_sec.asp?selected=CTDC&symbol=CTDC .
About CTDC:
CTDC is engaged in information network security and nutraceutical
business in the People's Republic of China. CTDC's existing major
shareholder is Beijing Holdings Limited, a conglomerate with over $3 billion
in total assets beneficially owned by the Beijing People's Municipal
Government. For more information, please visit our website at
www.chinactdc.com .
Forward-Looking Statement Disclosure
This press release of the Company, which is a foreign private issuer, on
Form 6-K contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, and Section 21E of the Securities Act of
1934. These statements relate to future events or the Company's future
financial performance. The Company has attempted to identify forward-
looking statements by terminology
including "anticipates", "believes", "expects", "can", "continue", "could", "
estimates", "expects", "intends", "may", "plans", "potential", "predict", "sh
ould", or "will" or the negative of these terms or other comparable
terminology. These statements are only predictions, uncertainties and other
factors may cause the Company's actual results, level of activity,
performance or achievements to be materially different from any future
results, level of activity, performance or achievements expressed or implied
by these forward-looking statements. The information in this Report on Form
6-K is not intended to project future performance of the Company. Although
the Company believes that the expectations reflected in the forward-looking
statements are reasonable, the Company does not guarantee future results,
level of activity, performance or achievements. The Company's expectations
are as of the date this Form 6-K is filed, and the Company does not intend
to update any of the forward-looking statements after the date this Report
on Form 6-K is filed to conform these statements to actual results, unless
required by law.
Contact:
China Technology Development Group Corporation
Michael Siu, Executive Director, Chief Financial Officer and Secretary
Tel: +852-3112-8461
Email: investor.relations@chinactdc.com
michael.siu@chinactdc.com
