AI
Thursday, May 03, 2012 10:51:49 AM
$CBGH Something to read..meanwhile...
Dalian Yi Bai SME company Executive General Manager the Hanji Yang
Hanji Yang: Hello, everyone, we may be wondering why the lady said the security company and his peers is only one fact, this guarantees the company's main business, while in 1997 when our company another investment company Dalian China Yi Bai Investment Co. company to do these projects overseas. Guarantee company quickly established this year, according to the introduction of the policy on equity guarantee schemes, has not been the actual operation of the project, mainly the traditional guarantee company. There is no risk of export, there is no way to guarantee the equity risk transfer out. Our company because of there before we do investment banking background, so as an equity guarantee a way out. It should be said that the equity guarantee for software and information industry companies, is a very good method of a secured loan. Same time, we guarantee company is a sponsor of the Tianjin Equity Exchange, there are several projects will be listed in August in the days to pay. Next we hope that the ore joint fund an innovative Industry Investment Fund was established in Wuxi. The main growth of the early and mid-face creative industries, such as green energy, high-tech, some high-tech nature of the production industry. Our company's U.S. holding company, the China Yi Bai guarantee international holding company has done in the U.S. listing.
Yan Xiaoping: Thank you, a few guests because of our four guests very representative. Like flexion and total are doing the VC, a dollar fund. Song is always to provide third-party service, and then Korea should always be to provide security services. We met some of the problems of small business financing, will leave some time for communication with you to the back. Now I think the theme of the conference on the financial crisis, China's software outsourcing industry is facing the impact of and response approach. Qu total here, they also have offices in India, China and India is one of the world's biggest software outsourcing base. Is a global fund, then to first talk about the impact of the financial crisis to deal with to solve, solutions to the crisis.
QU: we the Dalian here doing software outsourcing may be a few, software outsourcing should be the Dalian government's industrial focus on supporting industry. In addition to support in accordance with the policy of our country's 20 provincial service outsourcing, just Dalian City. I believe a lot of entrepreneurs here, we should have personal experience of the financial crisis, and to our personal, business impact, in fact we already have experience. I simply share with you in this, in fact we fund by the financial crisis. Because we have already mentioned that originally had an office in Israel, but the financial crisis last year, we put it off, the Office of the United States has left are, just by the financial crisis more severe. Because last year's financial crisis from the bottom in the United States, the United States and European economic integration. Europe by the economic impact is very large, most software outsourcing industry in North America, Europe, home exactly is outsourcing a very important market. The impact of software outsourcing are very largest outsourcing country India, accounting for the largest market share. The second is Ireland, Ireland is a small country, but the proportion accounted for its share of the European software outsourcing market is very large. The third software outsourcing market in Japan, India is the largest market in North America, they are a monopolist. China's key markets in Japan, but Japan's financial crisis last year also a great impact on the Japanese economy entered a recession. Just as similar to Chinese export enterprises, software outsourcing it to the formation of the export of intelligence. Unlike exports of other products, the export of software outsourcing export our mental. Our market has been the impact of the case, our customers will certainly be Wujin his wallet, especially in a lot of budget, the inevitable impact on the budget expenditure in this regard. Reduce expenditure in this area, the inevitable impact on those of us who do software outsourcing company. So I have a brief look, I think the impact of the financial crisis on our industry is still very obvious. If a little optimistic point of view, the impact the course of the crisis, but it can also bring some opportunities. In this process, I think the industry is a shuffle, the integration process itself, you are all aspects of competitive advantage is very obvious, very thick accumulation of technology and capital accumulation, the accumulation of talent. This case during the crisis has actually given you a good opportunity to mergers and acquisitions are some nice, small competitors find new talent, so that a relatively cheap price, buy a good competitor, I will introduce such a and more.
Songhai Xu: At this point, I do not have you so much experience, just like after the fall and winter, spring comes. I consider influential but is towards healthy development.
The Hanji Yang: a financial crisis, Naaierlan. Ireland software outsourcing software outsourcing of the financial industry, this time by the impact is very large. Including India, the United States, the financial crisis is actually the re-integration process is well within the industry reshuffle. Another example, U.S. companies that they substantially cut their own internal IT development funds, so put a lot of business directly outsourcing to the outsourcing company, the actual depth of this period of coexistence of opportunity and crisis.
Yan Xiaoping: We know that many local governments such as China, Chengdu, Hangzhou, Changsha, Shenzhen, Dalian regarded software services as a very important pillar industry as I see. The Song of total all these years run in many places, a very important cooperation with all parts. You can local government services outsourcing software companies to what policy can implement, you talk about your views.
The Songhai Xu: In fact, in the past four years really walk from south to north, from east to come west of process. Dealing with local governments, we elect enterprises rely heavily on local government and recommended to us. This which is not just the software industry can put up scientific and technological assistance and innovative high-tech industry in this time the crisis, from October to April and May of this year to fund, to help a variety of small business through high-tech tide over their difficulties. Of course, as can not be said, as at noon today to come here before the meeting, I was downstairs deliberately spend dozens of minutes of good good better. I think this scene is really more than last year and previous years, professional and ambitious, I was a little feelings, because I live in Silicon Valley for 16 years, think about 1999, I have been meeting from 1995, almost to say an exhibition in the high tech industry. I turn downstairs to my feeling like I had the kind in the United States, the importance of high-tech. But in the exhibition hall, 10 years ago in the United States, I see a lot of large companies, the kind of cloth is very large, it took great effort layout. Downstairs I do not see so clear, at least more than 20. From all over the government, of course from the capital Beijing to the southernmost tip of Shenzhen, to the westernmost Xinjiang to Dalian easternmost have sent a very strong lineup, the Government in this regard, not just for software outsourcing, the country at all levels of government the support given to the development of high-tech enterprise in another country, I do not see so much support. The United States did not like our government spend so much actually support this it is also more on this piece of thoughts, dealing more with the government. I do not just sing the song of victory to the government, I was telling the truth
Dalian Yi Bai SME company Executive General Manager the Hanji Yang
Hanji Yang: Hello, everyone, we may be wondering why the lady said the security company and his peers is only one fact, this guarantees the company's main business, while in 1997 when our company another investment company Dalian China Yi Bai Investment Co. company to do these projects overseas. Guarantee company quickly established this year, according to the introduction of the policy on equity guarantee schemes, has not been the actual operation of the project, mainly the traditional guarantee company. There is no risk of export, there is no way to guarantee the equity risk transfer out. Our company because of there before we do investment banking background, so as an equity guarantee a way out. It should be said that the equity guarantee for software and information industry companies, is a very good method of a secured loan. Same time, we guarantee company is a sponsor of the Tianjin Equity Exchange, there are several projects will be listed in August in the days to pay. Next we hope that the ore joint fund an innovative Industry Investment Fund was established in Wuxi. The main growth of the early and mid-face creative industries, such as green energy, high-tech, some high-tech nature of the production industry. Our company's U.S. holding company, the China Yi Bai guarantee international holding company has done in the U.S. listing.
Yan Xiaoping: Thank you, a few guests because of our four guests very representative. Like flexion and total are doing the VC, a dollar fund. Song is always to provide third-party service, and then Korea should always be to provide security services. We met some of the problems of small business financing, will leave some time for communication with you to the back. Now I think the theme of the conference on the financial crisis, China's software outsourcing industry is facing the impact of and response approach. Qu total here, they also have offices in India, China and India is one of the world's biggest software outsourcing base. Is a global fund, then to first talk about the impact of the financial crisis to deal with to solve, solutions to the crisis.
QU: we the Dalian here doing software outsourcing may be a few, software outsourcing should be the Dalian government's industrial focus on supporting industry. In addition to support in accordance with the policy of our country's 20 provincial service outsourcing, just Dalian City. I believe a lot of entrepreneurs here, we should have personal experience of the financial crisis, and to our personal, business impact, in fact we already have experience. I simply share with you in this, in fact we fund by the financial crisis. Because we have already mentioned that originally had an office in Israel, but the financial crisis last year, we put it off, the Office of the United States has left are, just by the financial crisis more severe. Because last year's financial crisis from the bottom in the United States, the United States and European economic integration. Europe by the economic impact is very large, most software outsourcing industry in North America, Europe, home exactly is outsourcing a very important market. The impact of software outsourcing are very largest outsourcing country India, accounting for the largest market share. The second is Ireland, Ireland is a small country, but the proportion accounted for its share of the European software outsourcing market is very large. The third software outsourcing market in Japan, India is the largest market in North America, they are a monopolist. China's key markets in Japan, but Japan's financial crisis last year also a great impact on the Japanese economy entered a recession. Just as similar to Chinese export enterprises, software outsourcing it to the formation of the export of intelligence. Unlike exports of other products, the export of software outsourcing export our mental. Our market has been the impact of the case, our customers will certainly be Wujin his wallet, especially in a lot of budget, the inevitable impact on the budget expenditure in this regard. Reduce expenditure in this area, the inevitable impact on those of us who do software outsourcing company. So I have a brief look, I think the impact of the financial crisis on our industry is still very obvious. If a little optimistic point of view, the impact the course of the crisis, but it can also bring some opportunities. In this process, I think the industry is a shuffle, the integration process itself, you are all aspects of competitive advantage is very obvious, very thick accumulation of technology and capital accumulation, the accumulation of talent. This case during the crisis has actually given you a good opportunity to mergers and acquisitions are some nice, small competitors find new talent, so that a relatively cheap price, buy a good competitor, I will introduce such a and more.
Songhai Xu: At this point, I do not have you so much experience, just like after the fall and winter, spring comes. I consider influential but is towards healthy development.
The Hanji Yang: a financial crisis, Naaierlan. Ireland software outsourcing software outsourcing of the financial industry, this time by the impact is very large. Including India, the United States, the financial crisis is actually the re-integration process is well within the industry reshuffle. Another example, U.S. companies that they substantially cut their own internal IT development funds, so put a lot of business directly outsourcing to the outsourcing company, the actual depth of this period of coexistence of opportunity and crisis.
Yan Xiaoping: We know that many local governments such as China, Chengdu, Hangzhou, Changsha, Shenzhen, Dalian regarded software services as a very important pillar industry as I see. The Song of total all these years run in many places, a very important cooperation with all parts. You can local government services outsourcing software companies to what policy can implement, you talk about your views.
The Songhai Xu: In fact, in the past four years really walk from south to north, from east to come west of process. Dealing with local governments, we elect enterprises rely heavily on local government and recommended to us. This which is not just the software industry can put up scientific and technological assistance and innovative high-tech industry in this time the crisis, from October to April and May of this year to fund, to help a variety of small business through high-tech tide over their difficulties. Of course, as can not be said, as at noon today to come here before the meeting, I was downstairs deliberately spend dozens of minutes of good good better. I think this scene is really more than last year and previous years, professional and ambitious, I was a little feelings, because I live in Silicon Valley for 16 years, think about 1999, I have been meeting from 1995, almost to say an exhibition in the high tech industry. I turn downstairs to my feeling like I had the kind in the United States, the importance of high-tech. But in the exhibition hall, 10 years ago in the United States, I see a lot of large companies, the kind of cloth is very large, it took great effort layout. Downstairs I do not see so clear, at least more than 20. From all over the government, of course from the capital Beijing to the southernmost tip of Shenzhen, to the westernmost Xinjiang to Dalian easternmost have sent a very strong lineup, the Government in this regard, not just for software outsourcing, the country at all levels of government the support given to the development of high-tech enterprise in another country, I do not see so much support. The United States did not like our government spend so much actually support this it is also more on this piece of thoughts, dealing more with the government. I do not just sing the song of victory to the government, I was telling the truth
