Latest CITIC Stories

PALO ALTO, Calif., Oct. 23, 2012 /PRNewswire/ -- Sitoa Global Inc. (OTCQB: STOA) (PINKSHEETS: STOA) ("Sitoa" or the "Company"), an e-commerce solutions and service provider, reported financial results for the third quarter ended September 30, 2012. The Company specializes in providing e-commerce solutions and services that facilitate multi-channel B2C (business-to-consumer) and B2B (business-to-business) transactions, enable e-commerce transactions with speed and efficiency, and...

PALO ALTO, Calif., Aug. 8, 2012 /PRNewswire/ -- Sitoa Global Inc. (OTCQB:STOA) (PINKSHEETS: STOA) ("Sitoa" or the "Company"), an e-commerce solutions and service provider, reported financial results for the second quarter ended June 30, 2012. The Company specializes in providing e-commerce solutions and services that facilitate multi-channel B2C (business-to-consumer) and B2B (business-to-business) transactions, enable e-commerce transactions with speed and efficiency, and allow an...

CANTON, Ohio, May 9, 2012 /PRNewswire/ -- The Timken Company (NYSE: TKR) has supplied bearings for one of China's largest vertical slag mills, featuring a 5.7 meter (18.7 feet) grinding table. The mill, one of several now utilizing Timken® bearings, was developed by CITIC Heavy Industries Co. Ltd., one of China's top manufacturers of cement-producing equipment. (Logo: http://photos.prnewswire.com/prnh/20100210/TIMKENLOGO ) Vertical slag mills are critical to China's massive...

NEW YORK and BEIJING, April 17, 2012 /PRNewswire/ -- CITIC Securities, a leading international investment bank based in China, has selected GoldenSource [http://www.360edm.com ] as their core enterprise data management (EDM) platform. As part of a strategic middle and back office infrastructure initiative, CITIC Securities is launching the first data management phase with GoldenSource Securities & Products as the security reference data platform. "We recognize...

WUHAN, China, Feb. 23, 2012 /PRNewswire-Asia/ -- Kingold Jewelry, Inc. (NASDAQ: KGJI), today announced an agreement with China CITIC Bank (Wuhan) ("CITIC" or "the Bank") to design and manufacture 24-Karat gold investment-oriented products for resale throughout the Bank's local retail banking network. China CITIC Bank is one of the leading commercial banks in mainland China, with more than 600 retail footprints and has operations in nearly 130 countries and regions around the world. The...

SOUTH AMBOY, N.J., Jan. 19, 2012 /PRNewswire/ -- DCH Auto Group is pleased to announce the formation of the DCH Teen Safe Driving Foundation, a 501(c)(3) non-profit charitable organization dedicated to reducing the number of deaths and injuries resulting from teen related auto crashes by promoting safe driving through greater awareness, education and advocacy directed to teens and their parents. The Foundation's first action will be to underwrite a safe driving awareness contest...

SOUTH AMBOY, N.J., Dec. 14, 2011 /PRNewswire/ -- DCH Auto Group is pleased to announce the opening of the company's latest auto dealership, DCH Kia of Temecula in Temecula, California. (Photo: http://photos.prnewswire.com/prnh/20111214/PH22699 ) "We're delighted with the opportunity to bring Kia to the community," said Eric Willis, General Manager of DCH Kia of Temecula. "This has been a long-awaited addition to the DCH family of dealerships and we feel Kia is a great fit for...

NANJING, China, Nov. 4, 2011 /PRNewswire-Asia/ -- ET Solar Group Corp. ("ET Solar"), a China-based vertically integrated producer and provider of Photovaltaic ("PV") modules and related solutions to the global solar market, today announces a strategic alliance agreement with China CITIC Bank, Nanjing Branch ("CITIC"). Under the indicative agreement, CITIC will provide, in the next five years, a credit facility of no less than RMB8 billion (or US$1.27 billion) to ET Solar for both general...

EVERETT, Wash., Nov. 1, 2011 /PRNewswire/ -- Boeing (NYSE: BA) has delivered a 747-8 Freighter to Hong Kong-based Cathay Pacific Airways, making it the second freight operator worldwide to take delivery of Boeing's newest freighter. With this new addition to its fleet, Cathay Pacific also becomes the first carrier in Asia Pacific to operate the 747-8. The new airplane is the first of 10 747-8 Freighters Cathay Pacific has on order with Boeing. "We are pleased to take delivery of this...

NEW YORK, Oct. 3, 2011 /PRNewswire-Asia-FirstCall/ --On September 1, 2011, Puda Coal, Inc. (OTC BB: PUDA) (the "Company"; <font size="2" face="Arial">Other OTC: PUDA.PK</font>) filed a current report on Form 8-K with the U.S. Securities and Exchange Commission ("SEC") disclosing interim findings of the internal investigation by the Company's Audit Committee, including that, on August 31, 2011, Chairman Ming Zhao, through his counsel, provided the Audit Committee with a letter...