BEIJING, Nov. 27 /Xinhua-PRNewswire/ -- e-Future Information
Technology Inc. (Nasdaq: EFUT; "e-Future"), a leading front supply
chain management software and service company in China, today
announced it has signed an agreement with Chang'an Minsheng APLL
Logistics Co., Ltd. (HKGEM: 8217.HK; "CMAL"), a professional
third-party automobile logistics service provider and an
integrative logistics service provider. e-Future ONE Logistics
Resource Planning(LRP) solution is running successfully in CMAL's
headquarters and with its customers. It will deployed in January
2008 at the Nanjing vehicle factory of Chang'an Ford Mazda
Automobile Corporation Ltd. ("Chang'an Ford Mazda"), the joint
venture between Ford Motor Company, Chang'an Automobile Group and
Mazda Motor Company. CMAL Logistics Co., Ltd., along with its
subsidiaries, is principally engaged in finished vehicle
transportation and related logistics services, car components and
parts supply chain management services and non-vehicle commodities
transportation services. The Company's customers include Chongqing
Changan Automobile Co., Ltd., Changan Ford Mazda Automobile
Corporation Ltd., Hebei Changan Automobile Co., Ltd., Nanjing
Changan Automobile Produce Company Limited, Webasto Roof Systems
(Shanghai) Ltd., Shanghai Delphi International Battery Company
Ltd., VOLVO (China) Investment Co., Ltd., Yanfeng Visteon
Automobile Electronics., Ltd, Qingdao Haier Logistics Company
Limited and Chengdu Baogang West Trade Company Limited. As of
December 31, 2006, CMA Logistics Co., Ltd. had 573 customers.
During the year ended December 31, 2006, the Company acquired the
remaining 1% equity interest of Chongqing CMAL Gangcheng Logistics
Company Limited. Adam Yan, Chairman and CEO of e-Future, said:
"e-Future has delivered CMAL parts and vehicle logistics systems
for Chang'an Ford Mazda, and we are proud of our successful
deployment of our LRP system for Parts and Vehicle Logistics
solutions to its operators, which is more effective in optimizing
logistics performances. And now we are confident in having a better
performance in Chang'an Ford's Nanjing Vehicle Logistics project."
"Standardization management realizes high effect. CMAL has made a
long- term development strategy. In order to realize this aim, we
will perfect all the existing work, take a standardization
management, establish an information network system supported by IT
platforms and strictly follow standardized operations to enable the
company to operate with order and high effect," said Mr. Jiaxu Yin,
Chairman of CMAL, "In the modern logistics market, filled with
competition, opportunities and challenges both exist. As a new star
in the modern logistics field, CMAL will continue to exploit,
innovate and provide sincere services, and standardized operations,
in order to provide the most professional modern logistics services
to our customers in China." About Chang'an Minsheng APLL Logistics
Co., Ltd. Changan Minsheng APLL Logistics Co., Ltd. (CMAL), listed
in Hong Kong Growth Enterprise Market (operated by Hong Kong
Exchanges and Clearing Limited) on 23rd February 2006, is a
professional third-party automobile logistics service provider and
an integrative logistics service provider. Over the years
development, the Company has established long-term cooperation
relationship with more than 500 carmakers, raw material suppliers
and parts & components suppliers domestic and abroad, such as
Changan Automobile Co., Ltd., Changan Ford Mazda Automobile Co.,
Ltd., Changan Suzuki Automobile Co., Ltd., Volvo Logistics, Haier
Group, Bao Steel Group, Panzhihua Iron & Steel (Group) Co. It
offers logistics services to clients, including parts &
components consolidation and transportation, bulk transportation,
large-size equipment transportation, warehousing for parts and
components, delivery to the production line, kitting, vehicle
storage and distribution, spare parts storage and distribution,
logistics solutions design and consulting, logistics information
system design and development, package design and manufacturing,
etc. CMAL has established 7 subsidiaries in Nanjing, Shanghai,
Dingzhou, Qindao, Shenzhen, Wuhan and Chengdu, and an office in
Ningbo; established Nanjing CMSC Logistics Co., Ltd., Chongqing
Terui Transportation Service Co., Ltd. and Wuhan Changan Minfutong
Logistics Company Limited with well-known home and foreign
enterprises. CMAL owns and manages 20 professional Regional
Distribution Centers (RDC) for car components and parts with a
total area of over 200,000m2, which has an annual JIT distribution
capacity of car components and parts for over 800,000 cars and a
JIT distribution capacity of engine parts for over 1,000,000 units.
CMAL manages a finished vehicle yard of over 800,000m2, a large
transportation team consisting of over 1,500 special trailers and a
shipping team of 15 special roll-on/roll-off ships. The annual
transportation capacity via trailers, ships and trains is over
800,000 units. Since its establishment to the end of 2006, CMAL has
successfully transported almost 2,000,000 finished vehicles.
Through the practice and continuous improvement over the past
several years, Chongqing Changan Minsheng APLL Logistics Co., Ltd.
has accumulated rich professional experience and set up strong
service capabilities and a substantial client base. Chongqing
Changan Minsheng APLL Logistics Co., Ltd. has realized overall
visibility and standardization within the operation, and thus
introduced the integrated 3PL management towards lean service. Up
to now, the Company has become one of most successful 3PL in the
automobile industry. For more information about CMAL, please visit
http://www.camsl.com/ . About e-Future Information Technology Inc.
e-Future is a leading software and service provider in China's
front-end supply chain market from manufacturers to consumers,
especially in retail and Fast Moving Consumer Goods ("FMCG") market
for manufacturers, distributors, wholesalers, logistics companies
and retailers. e-Future's clients are centered in the retail,
automotive, general household appliance and consumer goods
industries. We are now serving more than 800 clients, including
over 500 retailers and over 200 distributors and Fortune 500
companies that do business in China including Procter & Gamble,
Johnson & Johnson, Kimberly-Clark, the Chang'an Motors and Ford
Motors joint venture, B&Q- Kingfisher China, GUCCI China,
Aeon-JUSCO China, PARKSON China, SOGO China and Mickey's Space
stores (Disney franchises). Leading local companies include Belle,
Lianhua, Suning, Wuhan Zhongbai, Wushang Group, Bubugao, Yonghui
and China Duty-Free Stores. Moreover, e-Future is also one of the
IBM premier business partners in Asia Pacific as well as the
partners of SAP, Oracle, Microsoft, JDA and Motorola. The Company
has 19 branch offices in 31 provinces in China with over 600
employees including 250 consultants and service professionals and
270 programmers for software research and development and
customization. For more information about e-Future, please visit
http://www.e-/ future.com.cn . FORWARD-LOOKING STATEMENTS This
announcement contains statements that may constitute
forward-looking statements made pursuant to the safe harbor
provision of the Private Securities Litigation Reform Act of 1995.
We caution investors that any forward-looking statements presented
in this report, or which management may make orally or in writing
from time to time, are based on beliefs and assumptions made by,
and information currently available to, management. When used, the
words "anticipate," "believe," "estimate," "expect," "intend,"
"may," "might," "plan," "project," "result," "should," "will" and
similar expressions which do not relate solely to historical
matters are intended to identify forward-looking statements. Such
statements are subject to risks, uncertainties and assumptions and
are not guarantees of future performance, which may be affected by
known and unknown risks, trends, uncertainties and factors that are
beyond our control. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary materially from those
anticipated, estimated or projected by the forward-looking
statements. We caution you that while forward-looking statements
reflect our good-faith beliefs when we make them, they are not
guarantees of future performance and are affected by actual events
when they occur after we make such statements. Accordingly,
investors should use caution in relying on forward-looking
statements, which are based on results and trends at the time they
are made, to anticipate future results or trends. Some of the risks
and uncertainties that may cause our actual results, performance or
achievements to differ materially from those expressed or implied
by forward-looking statements include, among others, the following:
-- general risks affecting the Chinese retail industry; -- failure
to effectively manage our growth and expansion or to integrate
acquisitions and developments successfully; -- risks and
uncertainties affecting software development; -- risks associated
with downturns in the Chinese national and local economies; --
risks associated with our dependence on key personnel whose
continued service is not guaranteed; and -- the other risk factors
identified in our most recently filed Annual Report on Form 20-F,
including those described under the caption "Risk Factors." The
risks set forth above are not exhaustive. Other sections of this
report may include additional factors that could adversely affect
our business and financial performance. Moreover, we operate in a
very competitive and rapidly changing environment. New risk factors
emerge from time to time and it is not possible for management to
predict all risk factors, nor can it assess the impact of all risk
factors on our business or the extent to which any factor, or
combination of factors, may cause actual results to differ
materially from those contained in any forward-looking statements.
Given these risks and uncertainties, investors should not place
undue reliance on forward- looking statements as a prediction of
actual results. Investors should also refer to our most recent
Annual Report on Form 20-F for future periods and reports on Form
6-K as we file them with the SEC, and to other materials we may
furnish to the public from time to time through Forms 6-K or
otherwise, for a discussion of risks and uncertainties that may
cause actual results, performance or achievements to differ
materially from those expressed or implied by forward-looking
statements. We expressly disclaim any responsibility to update any
forward-looking statements to reflect changes in underlying
assumptions or factors, new information, future events, or
otherwise, and you should not rely upon these forward-looking
statements after the date of this report. DATASOURCE: e-Future
Information Technology Inc. CONTACT: Johnson Li of e-future,
+86-10-5165-0988, or lijf@e- future.com.cn Web Site:
http://www.e-future.com.cn/ http://www.camsl.com/
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