Crescent to Close $36 Million Outsourcing Contract in China
November 27, 2009 – 4:58 pmChina Crescent Enterprises’ pending contract with Aoyuan Electronic Co. Ltd in Dalian, China, for $36 million over three years, is expected to close and go into service next month.
Company officials said that the CEO Paul Danner is slated to meet with the client in China the week of Nov. 9 for finalize and execute the contract. Preparations to complete the contract are underway and service is expected to start immediately, the company said.
The pending contract would be the second major outsourcing contract signed by China Crescent this year, bringing the total long-term revenue value of China Crescent’s outsourcing contracts signed in 2009 to approximately $66 million.
China Crescent Enterprises, Inc. is a major player in the rapidly developing Chinese market specializing today in software engineering, high quality software development and digital multimedia outsourcing services delivered to customers globally.
At the same time, the firm is a systems integrator and value added reseller of major global hardware brands in the Chinese domestic market.
