综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Companies

US market key for Chinese companies' globalization

By Zhao Tingting (chinadaily.com.cn) Updated: 2015-09-29 13:14

US market key for Chinese companies' globalization

Wang Song, founder, chairman and CEO of ChinaCache International Holdings Ltd, delivers a speech at the opening ceremony of GCDN conference on June 25, 2014. [Photo/Provided to chinadaily.com.cn]

Although shares of US-traded Chinese firms tumbled in recent months due to turbulence of China's stock market, the US capital market is still valuable for those targeting global businesses, said Wang Song, founder, chairman and CEO of ChinaCache International Holdings Ltd.

Most US investors are more professional, experienced and have better knowledge in industries such as the Internet, because most of leading companies are there, Wang said.

On the other hand, the US market has a complete understanding of financial audit and management, which will be an advantage when looking for global business partners, Wang added.

ChinaCache, China's leading total solutions provider of Internet content and application delivery services, went public on the Nasdaq in 2010.

The company launched the repurchase program up to $6 million worth of American Depositary Shares on August 24, after witnessing its share price fluctuated in August.

"The buy-back program shows our confidence in the company, as we believe we are undervalued in the long run. It also helps strengthen investors' confidence." said Wang.

Set up in 2007, Chinacache US branch now serves high-profile customers including the global largest software technology companies.

Chinacache founded the North American R&D center in Silicon Valley in 2011. "We now recruit locally, which is more effective," said Wang.

The US is the leading innovator in the Internet field globally, while China boosts a huge market. Introducing the advanced technology to the Chinese market at the enterprise level will enlarge the effect and benefits both sides, Wang added.

"Of course, simple copying and repeat construction will eventually deteriorate the industry development. Only innovation and industry upgrading can be the way out," said Wang.

Part of ChinaCache Atecsys Cloud Data Center will be officially put into operation by the end of the year in Beijing.

"Our vision is to build the first neutral data center in China, which is accessible to all users, with our own fiber. ChinaCache Atecsys Cloud Data Center will be first real data center network service provider in China," said Wang.

The data center business would be an industry upgrading of traditional content delivery network (CDN) and would be the company's important business in the long-term development, Wang added.

In order to meet Beijing's green standard, the power-intensive center will be equipped with the environmental-friendly gas-fired power generation system which utilize the waste heat for cooling.

Hot Topics

Editor's Picks
...
阿瓦提县| 孟州市| 麻江县| 宝丰县| 涡阳县| 景德镇市| 澄城县| 卢氏县| 桦南县| 丘北县| 瑞安市| 柳河县| 甘谷县| 封丘县| 吐鲁番市| 武乡县| 宜兴市| 汝州市| 全椒县| 文成县| 客服| 望都县| 永州市| 儋州市| 余姚市| 英德市| 乡宁县| 洛阳市| 长沙市| 会泽县| 泾阳县| 阿图什市| 赞皇县| 财经| 五大连池市| 澳门| 安龙县| 陆良县| 安达市| 铜陵市| 江都市|