DALIAN, China, Aug. 28 /PRNewswire-Asia-FirstCall/ -- China YiBai United
Guarantee International Holding Inc. (Pink Sheets: CBGH; hereafter referred to
as "China YiBai") announced that the Company, along with China Mining United
Fund and the City of Xining TV, is going to hold 2009 China Small & Medium
Enterprises (Qinghai) Venture Capital Summit in Sep, 18th.
After signing the Merger Agreement with Qinghai ZhengDa, Dalian Yibai SMEs
Guarantee Ltd. (hereafter referred to as "Dalian Yibai"), which is the Chinese
subsidiary of China Yibai start to process the prophase business, and the
local small businesses are attracted by this summit. Dalian Yibai will operate
the whole actions of Qinghai ZhengDa through this summit.
"We hold this Summit for the purpose of improving the slow growth of
economy of Small and Medium business in Westeast of China and expanding a
financing channel and solving the lacking in capital. Small business can get
the most professional financing information and modes from authoritative
financial organizations and professionals. Key financing information
introduced by this Summit includes equity mortgage guarantee & loan and
financing information about listing domestically and abroad," said Mr. Alex Li,
CEO of China YiBai.
The Attendees are include Government representatives of all levels
including Qinghai Province, Xining City and Chengdong District, the Provincial
Committee of Economy and Trade, Municipal Finance Office, Banking Regulatory
Commission, Regulatory Commission, General Chamber of Commerce.
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 .
SOURCE China YiBai United Guarantee International Holding Inc.