BEIJING, Nov. 13, 2014 (GLOBE NEWSWIRE) -- ChinaNet Online Holdings, Inc. (Nasdaq:CNET) ("ChinaNet" or the "Company"), a leading B2B (business to business) Internet technology company providing online-to-offline (O2O) sales channel expansion services for small and medium-sized enterprises (SMEs) and entrepreneurial management and networking services for entrepreneurs in the People's Republic of China, announced today that the Company will participate in the China-US Entrepreneurs' Summit 2014: The New Billions, held in the Santa Clara Convention Center in Silicon Valley November 12-13, 2014.
Entrepreneur China's annual summit has been an exceptional event for over 6 years. This year, the theme of the summit is "The New Billions", inviting over 100 entrepreneurs from some of the most promising startups in China. Many of these entrepreneurs will be the new billionaires or the next wave of potentially leading companies based in China. Along with ChinaNet, companies such as FaceQ, Changba, Lamabang, Moman, Youli.com will share their stories and experiences with other entrepreneurs in Silicon Valley. The Summit has become one of the most important annual gatherings for entrepreneurs and investors in China.
This year, ChinaNet subsidiary Liansuo.com's Ding Lei, General Manager, and Yang Fan, Director of Operations, will participate.
"Entrepreneur China is an excellent partner, and we are honored to get an invitation to this year's event," said George Chu, the COO of ChinaNet. "The Summit is a great opportunity to share our technology and how we use it to help China SMEs expand their market and advertising effectiveness as well as showcase the big database and partnership that we are building for the future of the Company. This summit is a great occasion to let the key employees of our Company learn from the best and enhance all future potential cooperation opportunities with participating businesses."
About ChinaNet Online Holdings, Inc.
The Company, a parent company of ChinaNet Online Media Group Ltd., incorporated in the BVI ("ChinaNet"), is a leading digital B2B (business to business) Internet technology company focusing on providing online to offline (O2O) sales channel expansion service for small and medium-sized enterprises (SMEs) and entrepreneurial management and networking service for entrepreneurs in China. The Company, through certain contractual arrangements with operating companies in the PRC, provides Internet advertising and other services for Chinese SMEs via its portal websites, 28.com, Liansuo.com and Chuangye.com, TV commercials and program production via China-Net TV, and in-house LCD advertising on banking kiosks targeting Chinese banking patrons. Website: http://www.chinanet-online.com.
This release contains certain "forward-looking statements" relating to the business of ChinaNet Online Holdings, Inc., which can be identified by the use of forward-looking terminology such as "believes," "expects," "anticipates," "estimates" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including business uncertainties relating to government regulation of our industry, market demand, reliance on key personnel, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on ChinaNet's current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting ChinaNet will be those anticipated by ChinaNet. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. ChinaNet undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.