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Great Wall Finds Buyer for Broadband Subsidiary

Infocast News, 6/25/10

Great Wall Technology (0074.HK) has announced that it has agreed, in cooperation with its subsidiaries Great Wall Computer (000066.SZ) and Shenzhen Kaifa Technology (000021.SZ), to sell the total 50% stake they collectively hold in Great Wall Broadband Network Service to Chengdu Dr. Peng Telecom & Media Group (600804.SH) for RMB 324 mln, with proceeds from the sale to be put towards the group's ordinary operating capital and to support development of the group's core businesses. Read More

Great Wall Computer to Sell Broadband Subsidiary

Sina Tech, 4/15/10

China Great Wall Computer Shenzhen (000066.SZ) (Great Wall Computer) will join with its sister companies Great Wall Technology (0074.HK) and Shenzhen Kaifa Technology (000021.SZ) in selling the total 50% stake they collectively hold in Great Wall Broadband Network Service for an initial list price of RMB 12.68 mln. Read More

Shenzhen Kaifa Purchase 30% Stake in Elcoteq SE

Netease Tech, 7/23/09

Shenzhen Kaifa Technology (000021.SZ), a Chinese manufacturer of computers and related products, announced yesterday it has signed a letter of intent to purchase a 30% stake in Finnish electronics outsourced manufacturing firm Elcoteq SE for EUR 50 mln. Read More