China YiBai Signs Agreement with Greateast Packaging
October 30 2009 - 7:00AM
PR Newswire (US)
DALIAN, Oct. 30 /PRNewswire-Asia-FirstCall/ -- China YiBai United
Guarantee International Holding Inc. (Pink Sheets: CBGH)(hereafter
referred to as "China YiBai"), has recently signed a listing
agreement with the Greateast Packaging Holdings Ltd. (hereafter
referred to as "Greateast Packaging") located in Zhejiang Province.
The agreement made between China YiBai, functioning as the sponsor,
and Greateast Packaging in relation to list the latter on the
Tianjin Equity Exchange would promote the brand name of Greateast
Packaging. China YiBai and Greateast Packaging both believe that
the agreement would bring mutual benefits to each party involved.
About Greateast Packaging Holdings Ltd Greateast Packaging Holdings
Ltd. (hereafter referred to as "Greateast Packaging") was
established in 1996, with a registered capital of 75 million RMB.
Its main business is the production and sales of soft drink plastic
bottles and other plastic packaging fabrications and materials. It
is engaged in providing filling beverage bottles and packages for
Coca Cola China and Pepsi China. In the past two years, Greateast
Packaging has been shifting its product line to PET packaging for
beer, cosmetics, edibles and medicines as well as other daily
necessaries. About China YiBai United Guarantee International
Holding Inc. China YiBai United Guarantee International Holding
Inc. (hereafter referred to as "China YiBai") is a financial
company specializing in providing financial services for Chinese
small business. IG Finance Inc., together with China Dragon
International Investment (HK) Co., Ltd. is the overseas subsidiary
of China YiBai. Dalian YiBai Small & Medium Enterprises
Guarantee Co., Ltd. (hereafter referred to as "Dalian YiBai"), is
the Chinese subsidiary and main body of operation. Dalian Yibai is
engaged in providing value added services for Chinese small
business including equity mortgage guarantee and loan services,
Finance Consultant, design of listing and merger plans as well as
core competitiveness. Combing professional services of that of
consultancy firms, accounting firms, law firms and securities
traders, Dalian YiBai works with investment institutions in
providing thoughtful and considerate services to enterprises to
fulfil their share capital increasing and second financing needs.
Recently, Dalian YiBai acquired the qualification as sponsor and
market-maker from Tianjin Equity Exchange and is now specialized in
financial services for non-listing enterprises. For additional
information, please visit http://www.yibaichina.com/ . DATASOURCE:
China YiBai United Guarantee International Holding Inc. CONTACT:
CHINA YIBAI UNITED GUARANTEE INTERNATIONAL HOLDING INC., Investor
Relations Department, +86-411-8253-7136, or fax, +86-411-8263-1182,
or Web Site: http://www.yibaichina.com/
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