CCID Consulting Company Ltd

Type: Company
Name: CCID Consulting Company Ltd
First reported Apr 15 2014 - Updated Apr 15 2014 - 1 reports

China Information Technology, Inc. Announces Second Half and Year End 2013 Results and FY2014 Financial Guidance

/PRNewswire/ -- China Information Technology, Inc. ("CNIT" or the "Company") (Nasdaq:CNIT), a leading provider of integrated cloud-based solutions including Internet-of-Things ("IoT"), public InfoCloud, WeMedia platform, Smart City and other Internet-related ... [Published Nasdaq - Apr 15 2014]
First reported Apr 06 2014 - Updated Apr 06 2014 - 1 reports

China Information Technology Inc. Chairs the Shenzhen City Big Data Industry and Innovation Alliance

CommentsSHENZHEN, China, Jan. 16, 2014 /PRNewswire/ -- China Information Technology, Inc. ("CNIT" or the "Company") (Nasdaq: CNIT), a leading provider of integrated cloud-based solutions in digital education, smart family and business, public information ... [Published AndhraNews.net - Apr 06 2014]
First reported Apr 02 2014 - Updated Apr 02 2014 - 1 reports

Robot industry gets down to nuts and bolts

Domestically produced robots are shown at an international expo in Guangzhou, capital city of Guangdong province. China aims to have a relatively well-developed industrial robot industry by 2020,with three to five internationally competitive companies ... [Published Ecns.cn - Apr 02 2014]
First reported Mar 17 2014 - Updated Mar 17 2014 - 1 reports

TPV Technology : Change of Non-executive Directors and Composition of Remuneration Committee and Investment Committee

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever ... [Published 4 Traders - Mar 17 2014]

Quotes

"According to International Data Corporation (IDC), the global cloud-computing industry will reach a $107 billion market size by 2017 and China's Smart City market size reached $10.8 billion in 2013 with an 18% annual growth rate. We believe our successful transition to the internet-based products and services business model will greatly enhance our growth potential and financial performance. As we anticipate regaining business growth in 2014, we expect our total revenue to be in the range of $100 million to $120 million for 2014, and our adjusted net income in the range of $6 million to $8 million, excluding any non-cash expenses as a result of employee stock awards, and amortization of intangible assets and land use rights. In addition, we expect to achieve 50% adjusted net income growth in 2015 and 2016."
Mr. Jiang Huai Lin, Chairman and Chief Executive Officer of CNIT, commented, "We are highly honored and encouraged by iASPEC Geo's leading role in the Alliance, and we cherish the opportunity to work with other member companies of the Alliance which are renowned and influential in China's IT sector. We believe our growing technological and execution strengths in the Smart City arena, coupled with our business transition to "internet-based products and solutions" will inject strong momentum for the Company's sustainable future growth. We look forward to continuously creating shareholder value."
Zhang Lingyan, with research firm CCID Consulting, forecast in a report in February that "the use of industrial robots in China will grow by 16 percent year-on-year to 32,000 sets this year, with a broader spectrum of industries following the trend."

More Content

All (6) | News (4) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
sort by: Date | Relevance
China Information Technology, Inc. Announces Se... [Published Nasdaq - Apr 15 2014]
China Information Technology Inc. Chairs the Sh... [Published AndhraNews.net - Apr 06 2014]
Robot industry gets down to nuts and bolts [Published Ecns.cn - Apr 02 2014]
TPV Technology : Change of Non-executive Direct... [Published 4 Traders - Mar 17 2014]
Fact Sheet for CCID Consulting Company Ltd [Published Able2Act - Jun 17 2008]
Fact Sheet for CCID Consulting Company Ltd [Published Able2Act - Mar 18 2008]
1
Contact Us
Sales
Support


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2014 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.