posted
China Technology Global Corporation Taking National Key Scientific and Technological project
8/5/2005
SHENZHEN, August. 05/ CTGLF News Center/ -- China Technology Global Corporation (OTC Bulletin Board: CTGLF), a leading information technology solutions provider for logistics and supply chain management in China and Hong Kong, has signed "The Development of Application Platform on General Logistics Information Technology" recently with China Transportation Logistics Technology Center ("CLTC"), one of the key scientific organizations in national logistics information technology industry. This is the second cooperation on national key scientific and technological project since April between the two parties. Entrusted by CLTC, CTGLF will develop the online application for general logistics information platform and practical customization logistics platform, and organize the demonstration in related industries and companies.
It was reported, CTGLF will develop the key technology in general information platform and build the practical service platform of logistics in electronic commerce based on research results in the prophase. They will provide integrative services on the management of logistics planning, warehouse network, settlement and data exchange for governments, industries and enterprises. These services will improve the sociality, validity, intensivism and cooperation of basic information resources.
As one of the high-tech enterprises recognized by Beijing Municipal Science & Technology Commission, CLTC is dedicated in the technical research and product development of multiple-fields; on logistics programming, development strategy and standard investigation. CLTC was charged with several "Ten-Five" National Scientific and Technological projects, i.e., "Key research technology in modern logistics and integrated application", "Technology research and development of integrated logistics planning, emulating and evaluation", "Researching and developing the control and management of warehouse network distribution" etc..
Posts: 267 | From: newyork | Registered: Mar 2005
| IP: Logged |
China Technology Global Corporation signs agreement with BeiJing Zhong Shou Logistics Co. Ltd 8/18/2005 SHENZHEN, August. 18/ CTGLF News Center/ -- China Technology Global Corporation (OTC Bulletin Board: CTGLF), a leading information technology solutions provider for logistics and supply chain management in China and Hong Kong, has signed an agreement with BeiJing Zhong Shou Logistics Co. Ltd. (ZSL), to provide a more pertinent and optimized feeder service logistic operation model and flow report to ZSL, based on its own extensive experience in the industry and the practical research on Beijing Hyundai's feeder service transportation model. CTGLF has set up a special work group for this project led by Mr. Liang Zhi Gang, a senior advisor of CTGLF and an expert in the vehicle logistics field.
In the recent years, the vehicle logistics market in China is growing faster and faster and the vehicle manufacturer's demands are more and more varied. Thus, the new technology is increasingly applied in the logistics area. As a result, the current vehicle logistics models and business processes require more innovations and developments. Being the major Beijing Hyundai vehicle service agent, ZSL recently rebuild their service model and leads the market.
ZSL is a large company sustained by the steel and automobile industries. They have excellent reputation and extensive practical experience in feeder service logistics and related accessory manufacture logistics. Beijing Hyundai Co. is their primary service customer.
About China Technology Global Corporation
China Technology Global Corporation (www.ChinaTechGlobal.com), headquartered in Hong Kong, with operational offices located in Shenzhen, China and six other major cities throughout China, designs, manufactures and sells customizable software and hardware systems, which integrate GIS (Geographic Information System), GPS (Global Positioning System), as well as Wireless and Web technologies into a proprietary application platform. The CompanyĄŻs subsidiary, DiChain Software, was recognized as one of the leading IT solution providers in logistics and supply chain management in China in 2002 and 2003 by International Data Corporation, a world leading IT consulting firm, and named the ''Best Value Added Reseller'' by its strategic industry partner IBM Corp. in 2003. DiChain Software has strategic alliances with some of the world's largest companies, including IBM, GE, Oracle, Hewlett Packard, ILOG, DELL, Motorola, and China Mobile.
The Company's leading industry position is further leveraged by its relationship to China Merchants DiChain Holdings Ltd, the Company's major shareholder who is a reputable member of China Merchants Group, one of the top 50 national enterprises in China with over $30 billion assets under its management.
In the future, the Company aims to become one of the leading Chinese technology companies by investing its resources into computer, wireless, and internet related information technologies.
Forward-Looking Statement Disclosure
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions or other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks defined in this document and in statements filed from time to time with the Securities and Exchange Commission. The Company's actual results could differ from such forward-looking statements. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
posted
Things are happening with CTGLF. I won't make a long post but will give you the link to see for yourself. The company does not release most of company happenings via press releases. They are starting to keep the investors informed via their website however. Many good things going on. Look under news and events on the left hand column.
posted
Dichain, the parent company, recently released financials. CTGLF should be reporting soon. Don't think that I have ever seen a chart that resembles this one. How many white candles does it take for a reversal.
posted
More news from Chinatechglobal.com the official company website.
China Technology Global Corporation Participates in Constructing Xi'An's International Economic Zone
9/1/2005
SHENZHEN, September 01/ CTGLF News Center/--China Technology Global Corporation (OTC Bulletin Board: CTGLF), a leading information technology solutions provider for logistics and supply chain management in China and Hong Kong, has been requested to analysis the feasibility of Xi'An International Economic Zone ("XEZ") project as well as design the overall plan of the entire project. XEZ project officially began on August 11, 2005 after two years of deliberation and planning. CTGLF projects that the analysis and design will be completed by the end of 2005.
XEZ project will be Xi'An's first international trading zone. Investment in the project is currently 2.5 billion RMB yen; six square kilometers has been set aside for the zone. The International Economic Zone will service not only Xi'An but also much of northwestern China. The zone will be capable of efficient logistics management, easy export of local specialized products and import of international trade goods and will serve as a major trade center in, inland China.
The project has received much government support as it can potentially link much of northwestern China, bring about more economic prosperity and it is also the only project of its kind in northwestern China. The project is slated for completion in 2007.
About China Technology Global Corporation
China Technology Global Corporation (www.ChinaTechGlobal.com), headquartered in Hong Kong, with operational offices located in Shenzhen, China and six other major cities throughout China, designs, manufactures and sells customizable software and hardware systems, which integrate GIS (Geographic Information System), GPS (Global Positioning System), as well as Wireless and Web technologies into a proprietary application platform. The Company's subsidiary, DiChain Software, was recognized as one of the leading IT solution providers in logistics and supply chain management in China in 2002 and 2003 by International Data Corporation, a world leading IT consulting firm, and named the "Best Value Added Reseller" by its strategic industry partner IBM Corp. in 2003. DiChain Software has strategic alliances with some of the world's largest companies, including IBM, GE, Oracle, Hewlett Packard, ILOG, DELL, Motorola, and China Mobile.
The Company's leading industry position is further leveraged by its relationship to China Merchants DiChain Holdings Ltd, the Company's major shareholder who is a reputable member of China Merchants Group, one of the top 50 national enterprises in China with over $30 billion assets under its management.
In the future, the Company aims to become one of the leading Chinese technology companies by investing its resources into computer, wireless, and internet related information technologies.
Forward-Looking Statement Disclosure
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions or other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks defined in this document and in statements filed from time to time with the Securities and Exchange Commission. The Company's actual results could differ from such forward-looking statements. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
posted
More news and this refers to CTGLF. Science and technology company is CTGLF. I will email and ask why they did not post this on the english website and let you guys know of the reply. This is from dichain.com translated by worldlingo.com. Following will be the original text. If anyone can read chinese it would be helpful since this translation is difficult to understand as all have been.
Enlightens 辰 is outstanding you to be accepted "the Guangdong port essential domain key breakthrough project" [ 2005-9-9 ]
2005 year "Guangdong's port essential domain key breakthrough project" the tender work in accepted after the document, the inspection, ground comments and so on many links in the official opening of bids, businessmen are invited to open companies enlightens on the other day 辰 is outstanding your information science and technology limited company to rely on own remarkable technical strength, from in participation evaluation Guangdong port area hundred enterprises blooming, the success was accepted the information security essential technology and the application domain key enterprise.
2005 year "the Guangdong port essential domain key breakthrough project" the tender work invests 2. separately by the Guangdong Province people's government and the Hong Kong Special Administrative Region government800 million Yuan standard currencies conduct together, the tender work take two places pillar industry key and the general character technical science and technology attack as 切入点, has chosen the information and the communication, the precise equipment manufacture essential technology, the biological medicine and the medical instrument, the new material and so on six essential domains, the organization science and technology attack, the realization key breakthrough. According to "by the market mechanism primarily, the reasonable disposition and the suitable centralism resources, argues vigorously the key breakthrough" as well as "the demand, the science, the benefit, the ability" the principle, the Guangdong Province people's government to the society publicly issued the Guangdong side tender project guide, and passes "fair, public, is fair" the principle according to qualification to choose the project to undertake the unit.
This year tenders the work to base the Guangdong port two places, faces the nation, comments the sign group battle formation huge, comments the sign process extremely to be also strict. Enlightens 辰 is outstanding you to succeed is accepted this year Guangdong port essential domain tender project, fully indicated enlightens 辰 is outstanding you to have the remarkable technical strength and the unusual leading status in the network security profession.
posted
My post taken from another site. The reply was from SIFIE FU at CTGLF. Nothing more to say other than look at the bollinger bands. I still believe stock has tremendous potential, but I do think this was originally a pump. Do your own DD and make your own decision.
Dear Investor,
The news you posted below is about DiChain InfoGate company, which is a subsidiary of China Merchants DiChain Holdings Ltd. We only post CTGLF's news on ChinaTechGlobal.com.
Regards
Sifie
*********************************** Sifie Fu Investor Relations Manager China Technology Global Corporation TEL. : (86) 755 3330-1330 FAX : (86) 755 3330-1508 Website: www.ChinaTechGlobal.com
I would like an explanation of why I still find more news from DICHAIN.com than from CHINATECHGLOBAL.COM. It is very difficult to translate to English. I feel like you guys are ignoring the American investor. You have many people in the United States who are holding your stock. It is in your best interest if you keep us informed properly. You have several million shares of CTGLF and it will not go up in price if you do not keep the American public informed!!! I strongly suggest you make a better effort to keep us informed, PLEASE.
I truly apologize if I led anyone astray from my last post. It was an honest mistake.
Posts: 539 | From: BIG D | Registered: Apr 2005
| IP: Logged |
posted
OK folks, I would like for all my friends on this site to view the following email that was addressed to SIFIE FU at CTGLF. "We will keep the deadline of the filing and make the financials release within this september. The company is going well and the auditing is on the way. The previous delay was caused by the over estimate of the work time. We also hope the upcoming financial numbers will make investors more confident on the company and its business".
Regards
*********************************** Sifie Fu Investor Relations Manager China Technology Global Corporation TEL. : (86) 755 3330-1330 FAX : (86) 755 3330-1508 Website: www.ChinaTechGlobal.com
My guess is Sarbanes/oxley.
The financials should be released by the end of the month. I know you have heard this before and I am not making a suggestion to buy, sell or anything else. But I do strongly suggest that you set an alert out for CTGLF. It is my belief that the financials that are released will be exceptional. The company has had many contracts signed and has acquired at least one company in the last year. http://www.chinatechglobal.com/shownews.asp?id=92. The parent company has acquired a company and now owns over 1,600 ships. See this. http://www.chinatechglobal.com/shownews.asp?id=90 CTGLF took over the logistics operation and management system from the parent company. http://www.chinatechglobal.com/shownews.asp?id=87 Although this news is not new I believe that it is not well known amongst my peers. This company is for real and anyone interested in potential for an enormous gain should keep a serious eye on this stock. Honestly if I could buy more right now I would. I am by no means suggesting that anyone else should, you should first do your own due diligence and make your own decision. If you are a chartist then wait till financials are released and wait for the candlestick confirmation and jump in. Just be sure and not to jump out too early, this could be one that you may want to forget about temporary resistance levels with 20day ma,50 day ma and so forth. See this chart and reply if you have ever seen accum/distibution line or CMF like this ever!!! http://stockcharts.com/def/servlet/SC.web?c=CTGLF,uu[m,a]daclyyay[dd][pb50!b200][vc60][iUc20!Lf]&pref=G You are crazy if you don't at least keep this on alert or watch list. Company website http://www.chinatechglobal.com/ I will post as soon as I hear any news.
Posts: 539 | From: BIG D | Registered: Apr 2005
| IP: Logged |
<MACDRSIRULES>
unregistered
posted
CTGLF RSI(14) AT 32.9 ALMOST OVERSOLD, BB WIDTH VERY TIGHT, ACCUMULATION AND CMF POSITIVE FOR MONTHS. FINANCIALS RELEASED BY END OF THE MONTH. POISED FOR TAKEOFF. I WILL POST AS SOON AS FINANCIALS ARE RELEASED, THEY ARE EXPECTED TO BE GOOD. HERE ARE THE PROJECTIONS.
HOPE SOME OF YOU GUYS CAN GET IN AND AS MENTIONED IN MY PREVIOUS POST, I WOULD NOT JUMP OUT TOO EARLY FOR THE FLOAT IS LOW AND MANY INVESTORS ARE HOLDING LONG. PRICE SHOULD JUMP ALL STANDARD RESISTANCE POINTS IF MY CALCULATIONS ARE CORRECT. 200DAY MA IS ONLY .16 AND WE SHOULD SHOOT THROUGH THAT WITH EASE. THIS IS MY OPINION.
posted
Financials are supposed to be released sometime tommorow showing positive gains from previous years at losses, 2003 loss of over 13 million, then 2004 got better only a loss of over 4 million. This audit should show a nice surplus!!.
Posts: 35 | Registered: Apr 2005
| IP: Logged |
posted
Well the financials were not released today as expected. The company filed for an extension, the company expects to report a profit of 147,000 compared to a loss of over 4 million last year. See link.
posted
Please see my previous post also. ADX and AROON show stong downtrend at this time. Traders should wait for candlestick confirmation that the price shows a reversal before entry even though ACCUM and CMF are great. RSI history for the stock shows that oversold status will start an uptrend soon, I would think even more since the company expects to report a profit of 147,000 versus a 4 million loss. People looking to invest long term can enter any time. I am of the belief that this is a stock that should be held for several years as I fully expect to see a return in the 1000's% in the future. All my opinion.
Posts: 539 | From: BIG D | Registered: Apr 2005
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
