DALIAN, China, July 19 /PRNewswire-Asia-FirstCall/ -- China YiBai United Guarantee International Holding Inc. (Pink Sheets: CBGH; hereafter referred to as "China YiBai") explores new service fields and innovative service principles based on the existing businesses. China YiBai has built strategic alliance with many guarantee companies in the manner of participating. Moreover, China YiBai has established strategic cooperative relations with domestic pawning, security companies and banks to create a new financial service model. Thus a financial services integration group can be built.
Presently, Mr. Adrian Han, Executive Vice-president of China YiBai, is authorized to be the person in charge of the Beijing head office. "Establishment of a head office in Beijing is favorable to utilize the regional advantages in politics and economy in order to lay solid foundations for future development of China YiBai. China YiBai will become Top One comprehensive financial service group with the capability of sustainable development and international management in the investment and financing industry to provide professional services for SMEs based on the Beijing head office," says Mr. Han.
About China YiBai United Guarantee International Holding Inc.
China YiBai United Guarantee International Holding Inc. (hereafter referred to as "China YiBai "or "Company") is a financial company specializing in providing financial services fro domestic SMEs. IG Finance Inc, together with China Dragon International Investment (HK) Co., Ltd is the overseas company of China YiBai. Dalian YiBai Small & Medium Enterprises Guarantee Co., Ltd, as its operator, is engaged in providing value added services for Chinese SMEs including equity mortgage guarantee and loan service, Finance Consultant, design of listing and merger plan as well as core competitiveness. Advantages of SMEs' business process consist of consultant firm, accounting firm, and law firm and securities trader Dalian YiBai Small & Medium Enterprises Guarantee Co., Ltd, a subsidiary company of China YiBai, provides share-reform services and trusteeship of the stock right. It also integrates social venture-investment capital and funds. Together with other investment institutions, Dalian YiBai will provide thoughtful and considerate throughout services for enterprises' share capital increasing and second financing. At the same time, China YiBai has acquired the qualification as sponsor and market-maker from Tianjin Equity Exchange and is specializing in financial services for "high-two" enterprises.For additional information, please visit http://www.yibaichina.com .
About Tianjin Equity Exchange
In May 4th 2008, Tianjin government officially permitted that Tianjin Equity Exchange should function as the enforcement body for "two-high" and "two-non" enterprises (new high-tech enterprises in Hi-Tech Development Zones and unlisted nonpublic joint-stock companies) equity and PE investment funds. Tianjin Equity Exchange should be integrated into innovative 20 Programs of financial reform of Tianjin government. In Oct. 2008, Tianjin government further clarifies Three-year Implementation Plan (2008-2010) of General Plan of Comprehensive Reform in Tianjin Binhai New Area (No(2008)82) that is necessary to establish the financial transaction platform and develop PE and bond-trading pilot project. National market network characterized with sound management and high-efficiency should be gradually come into being through perfect structure system and functional development system.
