SHENZHEN, China, May 25 /Xinhua-PRNewswire/ -- The Intermost Corporation (OTC Bulletin Board: IMOT), a leading electronic online equity exchange service provider in China, announced that Chinae.com Investment Consultant (Shenzhen) Ltd., its underling wholly-owned subsidiary, has promoted its business smoothly by signing the Cooperative Agreement on Investment Consultant Services (hereinafter referred to as "the Agreement") with 10 equity institutions within a one month period. This achievement will create a solid operating profit for the Group in the near future.
According to the Agreement, Chinae.com Investment Consultant (Shenzhen) Ltd. will provide financing and investment advisory services to those selected good quality enterprises by the 10 Equity Institutions to help them to prepare for the IPO Project. The Project includes, but is not limited to, the structural reorganization, listing guidance, finding the right sponsorship, qualified CFO training and recruitment etc.
Chinae.com Investment Consultant (Shenzhen) Ltd. believes that with the rapid expansion of their investment services, more of the good quality China enterprises will penetrate to the Global Capital Market under the incubation at the "China Equity Exchange Platform"( http://www.chinae.com ).
Till now, the equity institutions which have signed the Agreement with Chinae.com Investment Consultant (Shenzhen) Ltd. are: Guizhou Sun Property Rights Exchange, Jiangxi Assets and Equity Exchange, Liaoning Anshan Property Rights Exchange Center, West Assets and Equity Exchange, Wuhan United Assets and Equity Exchange, Qingdao Property Rights Exchange, Hunan Assets and Equity Exchange, Guangzhou Enterprises Mergers and Acquisitions Services, Shanxi Property Rights Exchange Market and Shanxi Changzhi Property Rights Exchange.
Facing the rapid growth of the new Investment Consulting Business of the Group, the acting CEO of the Intermost Corporation, Mr. Xiangxiong Deng, is pleased to comment, "Abundant Chinese resources of the non-listed quality enterprises have attracted the global investors’ attention, the investment consultancy business of Intermost Corporation is aimed at promoting the connection between the global capital and the Chinese quality enterprises, and we are fully confident in the future development of the Chinese primary capital market."
About the Intermost Corporation
Founded in the USA in September 1998, the Intermost Corporation was the first Chinese Internet Company listed on the US OTC Bulletin Board (stock symbol: IMOT) in December 1998. The Intermost Corporation has focused its services on the booming Equity Exchange Market in China, including equity-related solution development, equity quotes and information provision, electronic online equity exchange services, direct investment in regional equity exchanges, business incubation services for well-performing innovative enterprises, investment consulting services for overseas listings, the equity portal website - China Equity Exchange Platform ( http://www.chinae.com ), and other services.
Safe Harbor Statement
This press release contains forward-looking statements that involve risks, uncertainties and assumptions that, if they never materialize or if they prove incorrect, could cause the Company’s results to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any projections of earnings, revenue, or other financial items, any statements of the plans, strategies, and objectives of management for future operations, any statements concerning proposed new products, services or developments, any statements regarding future economic conditions or performance, statements of belief and any statements of assumptions underlying any of the foregoing. These statements are based on expectations as of the date of this press release. Actual results may differ materially from those projected because of a number of risks and uncertainties, including those detailed from time to time in the Company’s reports filed with the Securities and Exchange Commission. The Company assumes no obligations and does not intend to update these forward-looking statements.
For more information, please contact:
Mr. Chris Liu / Ms. Summer Zhang
Intermost Corporation
Tel: +86-755-8221-0238
Email: ir@intermost.com
