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Stock Guru Featured Client: China 3C Group (CHCG.OB)

China 3C Group (CHCG) is a leading retail chain operator in Eastern China with over 600 independent stores. The company is focused on selling its communication, information technology and digital products in China through its subsidiary, Zhejiang Yong Xin Digital Technology Co., Ltd.

China 3C Group is the parent company for Yiwu Yong Xin Telecommunication Company Limited and Hangzhou Wang Da Electronics. Both subsidiaries are authorized sales agents for communication, IT, and digital products in China. Some of their products include: fax machines, cord phone products, cell phone products, laptop computers, digital cameras, digital camcorders, MP3 players, and PDAs.

The company also offers an efficient distribution network and a rapid logistics system. It expects IT and digital to become a larger part of the business, but still plans to maintain its dominant fax machine distribution status. China 3C intends to become the leading retailer of 3C products sold in the China markets.

Let us hear your thoughts: China 3C Group Message Board

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