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Memory Developer Prepares to List

Sohu IT, 7/01/08

Former Founder Technology Group (600601.SH) president and director Qi Dongfeng confirmed today that he has taken the position as consultant to Ramaxel Technology, a developer and manufacturer of memory modules and USB products headquartered in Hong Kong. Qi's role is limited to helping the company with pre-IPO preparations, and will not see him involved in company management and operations.

Ramaxel's core business is to provide OEM memory products to PC makers. When being asked the schedule for listing, Qi said, "It should be next year, however, the specific time will be decided later."

Keywords: Ramaxel storage hardware IPO OEM PC Qi Dongfeng USB computer


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