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For over 15 years AsiaDemand has had a strong
and successful track record of building business in China for foreign
companies. From our inception, we have been a trusted and reliable partner to
major Chinese industrial companies to source industrial machinery, processes
and, more recently, software technologies to enhance their productivity, market
competitiveness and profitability. In many cases, our Chinese customers treat
us as "gatekeepers" to assess the latest technologies and processes. By
leveraging our deep Chinese business and government relationships and our
experience, our clients build profitable businesses in China while avoiding the
tremendous challenges they would ordinarily face.
We have developed a series of "Accelerators" that each provides a step-by-step
methodology to create rapid results for clients, whether the goal is selling,
sourcing or transferring technology. In fact, we are so confident in our
ability to bring value to clients that our compensation is heavily weighted to
performance where we share in our clients' success.
AsiaDemand has been majority-owned by Pequot Capital Management, Inc., one of
the world's largest technology investors. Our leadership team has a proven
track record and reputation in both China and the U.S. and is a fusion of top
international and Chinese business professionals with the expertise and
experience to deliver on our mission. Our China-based team brings intimate
knowledge of China's cultural, legal, operating and regulatory environments. We
focus on the major Chinese industrial companies in the petroleum and
petrochemicals, food and agriculture and pharmaceutical industries with whom we
have established joint ventures. For example, the following archived releases
reflect two key joint ventures we have formed in China.
AsiaDemand in Joint Venture with China's CNPC
FoodChina.com, Asia's largest b-to-b platform, launches in
China
China's Challenges
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Diamond Bar, California - September 13/PRNewswire/ - AsiaDemand,
Inc., which provides global trade business solutions for the Chinese
industrial market, today announced a joint venture with CNPC (Hong Kong) Limited,
a publicly-listed subsidiary of China's state-owned China National Petroleum
Corporation (CNPC), and China Petroleum Economics and Information
Research Center (CPEIC), the division responsible for the information
networks of CNPC. This venture will provide the high-tech infrastructure to
enable CNPC's billions of dollars of worldwide procurement to be processed
using AsiaDemand's suite of Web-based management tools and services.
( Same
Announcement from CNPC )
Through the joint venture, AsiaDemand will be the exclusive provider of a suite
of Web-based global trade systems that will power OilChina.com, CNPC's new
e-commerce engine. OilChina.com will enable CNPC to manage its procurement
process, reduce costs, increase supply chain visibility, and optimize
communications between CNPC and its global supplier base. AsiaDemand will also
take a significant stake in the venture.
AsiaDemand's CEO, Mr. Vijay Fozdar, said, "We are delighted to partner with
CNPC, one of China's largest and most technologically advanced companies. This
venture will demonstrate exactly how e-commerce can improve companies'
operations and produce greater profitability for them."
Mr. Fu Zhida, President of CPEIC said, "AsiaDemand will enable us to accelerate
the delivery and the benefits of e-commerce to CNPC. They will provide the best
technologies integrated into one package. AsiaDemand's solutions will produce
substantial savings and benefits for CNPC."
Mr. Zhang Ruchun, Executive Chairman of CNPC (Hong Kong), in a separate press
release stated, "The rapid development of information technology in recent
years has brought about strategic adjustments to modes of trading.The directors
of the Company believe that the establishment of a specialized e-commerce
platform.may help CNPC.save substantial amounts of administration costs."
AsiaDemand, Inc. is a business solutions provider that enables
industrial companies to manage their procurement and supply chain processes
through a complete suite of Web-based trade tools and services. AsiaDemand's
hosted services comprise integrated end-to-end solutions for exchange, auction,
e-logistics, trade e-finance, and risk management. AsiaDemand, Inc. is a Pequot
Capital Management portfolio company.
AsiaDemand Inc. is a U.S. corporation based in Los Angeles County with offices
in Beijing and Hong Kong. For more information, please visit
http://www.asiademand.com/.
CNPC (Hong Kong) Limited: http://www.cnpc.com.hk/
China Petroleum Economics and Information Research Center, CNPC (CPEIC):
http://www.oilchina.com/
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FoodChina.com,
Asia's largest b-to-b platform, launches in China
(19 September 2000) FoodChina.com,
Asia's largest business-to-business trading platform, was launched Sept. 8 in
China. The new dot-com specializes in food products, such as cereals and edible
oil, according to a Sept. 14 Jisuanji Shijie (China Computerworld)
report.
Its shareholders include industry giants around the world, among them China
National Cereals, Oils & Foodstuffs Import & Export Corp.,
Dacheng Greatwall Group of Taiwan, the U.S.-based companies
Archer Daniel Midland Co.
and Continental Grain, Robobank (the biggest commercial bank in the Netherlands
and the only professional agricultural bank in the world), and the
information-technology giants EC Soft and
AsiaDemand.
Initially, FoodChina.com will support online auctioning and trading of grain,
fodder, edible oils, and meat. The new platform plans to eventually develop
electronic trading of food and beverage supply operations and other value-added
chain business, such as credit loans, guarantees, consultations, credit
appraisals, and commodity inspection, the story said.
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