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	<title>ChinaRetailNews.com &#187; communication product</title>
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		<title>China 3C Group Acquires Logistics Firm</title>
		<link>http://www.chinaretailnews.com/2009/01/05/2054-china-3c-group-acquires-logistics-firm/</link>
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		<pubDate>Sun, 04 Jan 2009 16:01:17 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Electronics]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[China 3C group]]></category>
		<category><![CDATA[communication product]]></category>
		<category><![CDATA[computer]]></category>
		<category><![CDATA[consumer electronics]]></category>
		<category><![CDATA[delivery]]></category>
		<category><![CDATA[distribution network]]></category>
		<category><![CDATA[freight]]></category>
		<category><![CDATA[Hangzhou]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Jinhua Baofa]]></category>
		<category><![CDATA[Logistics]]></category>
		<category><![CDATA[Nanjing]]></category>
		<category><![CDATA[Shanghai]]></category>
		<category><![CDATA[transportation]]></category>
		<category><![CDATA[Zhenggang Wang]]></category>

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		<description><![CDATA[Chinese consumer electronics retailer and distributor China 3C Group has signed a definitive agreement to acquire 100% of Jinhua Baofa Logistic Ltd., a logistic company in eastern China, through its subsidiaries Zhejiang Yong Xin Digital Technology Co., Ltd. and Yiwu Yong Xin Communication. The total amount of consideration payable for this transaction is CNY120 million, [...]]]></description>
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