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Searching for "New Huadu Industrial"
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Alibaba-backed Firms Acquire 10% Stake in Department Store New Huadu

New Huadu Supercenter, 9/26/17

Fuzhou-based mall and department store operator New Huadu Supercenter (002264.SZ) announced today that its controlling stockholder New Huadu Industrial Group will sell a 10% equity stake to Alibaba (Chengdu) Software Technology and affiliate Hangzhou Hanyun Xinling Equity Investment, both of which are companies under the umbrella of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA). Read More

ConnGame to List on Nasdaq

Netease Tech, 5/31/10

Tang Jun, CEO of the New Huadu Industrial Group, said at the 2010 China Webmaster Conference in Beijing this weekend that ConnGame, the Shanghai-based online game developer in which he has invested, will list on the Nasdaq within the next three months. Read More

New Huadu Acquires Four IT Companies

Sina Tech, 1/25/10

President Tang Jun of New Huadu Industrial Group has announced the acquisition, via financial information services subsidiary Inxite, of four IT companies for a total of USD 25 mln in cash and equity transfer: Shenzhen Qianxun Network, Beijing Systex Shenglong Information Systems, Hong Young Technology and Shanghai ConnGame. Read More