China Information Technology (CNIT) 3.42 $CNIT
CNIT Announces Contract for Installation of 20,000
PR Newswire - Wed Jan 21, 5:00AM CST
China Information Technology, Inc. (the "Company" or "CNIT"
(Nasdaq GS: CNIT), a leading provider of integrated cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today announced that the Company was selected by a leading advertising agency to install 20,000 cloud-based new media elevator terminals in Guangdong province. Depending on specific terminals, revenues from these installations will be recognized through one-time terminal sales and recurring monthly platform service fees as well as through recurring monthly fees that include terminal rental and platform service fees. The terminals are expected to be installed by the end of 2017.
CNIT: 3.42 (+0.08)
China Information Technology announces agreement with Lenovo
M2 - Thu Jan 08, 2:27PM CST
China Information Technology (CNIT)(NASDAQ: CNIT) and Lenovo Group Limited (HKSE: 992) said they have entered into an agreement in which they will cooperate to lower production costs, improve operating efficiency, and increase market share.
CNIT: 3.42 (+0.08)
China Information Technology, Inc. Announced Strategic Cooperation with Lenovo
PR Newswire - Wed Jan 07, 5:00AM CST
China Information Technology, Inc. (the "Company" or "CNIT" (Nasdaq GS: CNIT), a leading provider of integrated cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today entered into a strategic cooperation agreement with Lenovo Group Limited ("Lenovo" . According to the agreement, the Company was designated by Lenovo as an authorized distributor of smart education terminals integrating proprietary CNIT software and cloud platform and award-winning Lenovo hardware including servers, laptops and tablet PCs for the Chinese market.
CNIT: 3.42 (+0.08)
China Information Technology, Inc. Announces Results of 2014 Annual Meeting of Members
PR Newswire - Wed Dec 24, 5:00AM CST
China Information Technology, Inc. (the "Company" or "CNIT" (Nasdaq GS: CNIT), a leading provider of integrated cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today announced the official results of its 2014 Annual Meeting of Members, held on Friday, December 19, 2014 at 9:00 a.m., local time in Shenzhen, China. The members voted on two proposals and cast their votes as described below:
CNIT: 3.42 (+0.08)
Nasdaq makes quarterly changes to Golden Dragon China Index
Seeking Alpha - at Seeking Alpha - Mon Dec 15, 11:28AM CST
LEJU: 10.88 (+0.48), JRJC: 5.46 (+0.16), DQ: 21.04 (-0.21), JMEI: 12.67 (+0.31), CNIT: 3.42 (+0.08), HGSH: 3.05 (-0.13), CMCM: 20.20 (+0.10)
Quarterly Changes to the NASDAQ Golden Dragon China Index
GlobeNewswire - Mon Dec 15, 6:05AM CST
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the quarterly re-ranking of the NASDAQ Golden Dragon China Index (Nasdaq:HXC), which will become effective prior to market open on Monday, December 22, 2014.
LEJU: 10.88 (+0.48), JRJC: 5.46 (+0.16), DQ: 21.04 (-0.21), JMEI: 12.67 (+0.31), CNIT: 3.42 (+0.08), HGSH: 3.05 (-0.13), CMCM: 20.20 (+0.10), NDAQ: 49.48 (-0.27)
Midday Gainers / Losers
Seeking Alpha - at Seeking Alpha - Wed Dec 10, 11:45AM CST
ALOG: 86.55 (+1.60), VBIV: 3.01 (+0.01), PRTK: 26.95 (+0.65), TPLM: 5.68 (+0.06), MIND: 6.94 (+0.01), SSE: 5.23 (+0.22), ALLT: 9.15 (+0.02), EGY: 5.86 (-0.06), GBR: 1.48 (-0.10), ECTE: 2.62 (+0.06), PWE: 2.45 (+0.02), GDP: 3.58 (+0.29), LAYN: 7.93 (+0.22), WRES: 1.27 (+0.01), CALA: 16.11 (+0.62), AKER: 3.50 (+0.20), CVEO: 3.87 (+0.15), CNIT: 3.42 (+0.08), CYRN: 2.83 (+0.23), CRK: 6.09 (+0.46)
CNIT Announces Contracts for Installation of 10,000 New Media Elevator Terminals in Fujian Province
PR Newswire - Wed Dec 10, 5:00AM CST
China Information Technology, Inc. (the "Company" or "CNIT" (Nasdaq GS: CNIT), a leading provider of integrated cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today announced that the Company was selected by a leading advertising agency to install 10,000 cloud-based new media elevator terminals in Fujian province. Depending on specific terminals, revenues from these installations will be recognized through one-time terminal sales and recurring monthly platform service fees as well as through recurring monthly fees that include terminal rental and platform service fees. The terminals are expected to be installed by the end of 2015 encompassing over 1,000,000 people.
CNIT: 3.42 (+0.08)
CNIT to Install 300 Outdoor Cloud-based New Media Terminals in Guiyang City
PR Newswire - Mon Dec 01, 5:00AM CST
China Information Technology, Inc. (the "Company" or "CNIT" (Nasdaq GS: CNIT), a leading provider of integrated cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today announced the execution of a five-year sales and service contract to install 300 units of its cloud-based new media terminals at premium residential communities in Wudang District of Guiyang City in the first quarter of 2015. Under the contract, the Company will receive one-time revenue from terminal sales as well as recurring monthly platform service fees.
CNIT: 3.42 (+0.08)
CNIT to install 10,000 media elevator terminals in Jiangxi Province
M2 - Tue Nov 25, 10:52AM CST
China Information Technology, Inc. (NASDAQ: CNIT) said it has won contracts to install 10,000 units of its cloud-based new media elevator terminals in Jiangxi province.
CNIT: 3.42 (+0.08)
CNIT Announces Contracts for Installation of 10,000 New Media Elevator Terminals in Jiangxi Province
PR Newswire - Mon Nov 24, 5:00AM CST
China Information Technology, Inc. (the "Company" or "CNIT" (Nasdaq GS: CNIT), a leading provider of integrated cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today announced that the Company has won contracts to install 10,000 units of its cloud-based new media elevator terminals in Jiangxi province. For the first 4,000 units, the Company will receive one-time sales income for the physical terminals as well as reoccurring monthly platform service fees. For the remaining 6,000 terminals, the Company will receive recurring monthly fees that include terminal rental and platform service fees. The installations are expected to be completed by the end of 2015.
CNIT: 3.42 (+0.08)
CNIT Expands New Media Terminals into Elevator Segment
PR Newswire - Thu Nov 20, 5:00AM CST
China Information Technology, Inc. (the "Company" (Nasdaq GS: CNIT), a leading provider of integrated cloud-based platform, exchange, and big data solutions to the Chinese new media industry today announced that 300 units of its cloud-based new media terminals have been installed inside elevators at premium residential buildings in Shenzhen. These installations were conducted under a contract with a leading advertising agency for elevator terminal rentals and related platform services. The new media terminals are installed on elevators inside the Longgang and Baoan premium residential area, which have a combined population of over 120,000 residents.
CNIT: 3.42 (+0.08)
China Information Technology plans property sale, company share buyback
M2 - Tue Nov 18, 10:58AM CST
China Information Technology, Inc. (NASDAQ: CNIT) said it has signed a letter of intent with an unrelated party to sell the company's Fuyong Industrial Park for RMB375.0 million (approximately USD61.2 million).
CNIT: 3.42 (+0.08)
China Information Technology to Sell Property and Repurchase Company Shares
PR Newswire - Mon Nov 17, 5:00AM CST
China Information Technology, Inc. (the "Company" (Nasdaq GS: CNIT), a leading provider of integrated cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today announced it has signed a Letter of Intent (LOI) with an unrelated party to sell the Company's Fuyong Industrial Park for RMB375.0 million (approximately US$61.2 million). In addition to working capital, proceeds from the sale will be used to fund a RMB61.3 million (US$10.0 million) share repurchase program and pay down RMB200.0 million (US$32.6 million) in short-term bank loans.
CNIT: 3.42 (+0.08)
CNIT Secures RMB 1 Billion Revolving Credit Line with China CITIC Bank
PR Newswire - Thu Nov 13, 5:00AM CST
China Information Technology, Inc. (the "Company" (Nasdaq GS: CNIT), a leading provider of end-to-end cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today announced it has obtained a three-year revolving credit facility of RMB 1 Billion from China CITIC Bank (CITIC). The facility will provide the Company with additional access to working capital in support of its growing new media advertising franchise.
CNIT: 3.42 (+0.08)
CNIT Won Contract to Install Digital Display Terminals at Changsha Huanghua International Airport
PR Newswire - Mon Nov 10, 6:00AM CST
China Information Technology, Inc. (the "Company" (Nasdaq GS: CNIT), a leading provider of end-to-end cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today announced that it has entered into a five-year leasing and service contract to install the Company's cloud-based digital display terminals at the Changsha Huanghua International Airport and provide relevant services. Under the contract, the Company will receive recurring monthly fees that include display terminal rental and platform service fees.
CNIT: 3.42 (+0.08)
CNIT Establishes Taoping Net Company for O2O P2P Advertisement Business
PR Newswire - Mon Nov 03, 6:00AM CST
China Information Technology, Inc. (the "Company" (Nasdaq GS: CNIT), a leading provider of end-to-end cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today announced that it has formed an indirectly wholly owned Chinese subsidiary, Taoping Net Company, to construct China's largest online exchange for out-of-home advertisement resources. Taoping Net pairs small-and-medium enterprise (SME) corporate advertisers seeking marketing campaigns with owners of networked 21-to-75 inch digital display media terminals.
CNIT: 3.42 (+0.08)
CNIT Entered Strategic Partnership with Pengfeng Investment on Automobile New Media Platform
PR Newswire - Mon Oct 27, 6:00AM CDT
China Information Technology, Inc. (the "Company" (Nasdaq GS: CNIT), a leading provider of cloud-based software as service for the Chinese new media industry, today announced that it has entered into a strategic partnership with Tianjin Pengfeng Investment Co., Ltd. ("Pengfeng" to jointly establish an automobile new media platform.
CNIT: 3.42 (+0.08), BITA: 62.95 (+2.85), ATHM: 38.44 (+1.64)
China Information Technology to install new media terminals in Hunan Province
M2 - Tue Oct 21, 7:10AM CDT
China Information Technology, Inc. (NASDAQ: CNIT) said it has signed a major contract to install 20,000 units of the company's new media terminals on behalf of the Hunan provincial government.
CNIT: 3.42 (+0.08)
CNIT Announces Contract for Installation of 20,000
PR Newswire - Wed Jan 21, 5:00AM CST
China Information Technology, Inc. (the "Company" or "CNIT"
(Nasdaq GS: CNIT), a leading provider of integrated cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today announced that the Company was selected by a leading advertising agency to install 20,000 cloud-based new media elevator terminals in Guangdong province. Depending on specific terminals, revenues from these installations will be recognized through one-time terminal sales and recurring monthly platform service fees as well as through recurring monthly fees that include terminal rental and platform service fees. The terminals are expected to be installed by the end of 2017. CNIT: 3.42 (+0.08)
China Information Technology announces agreement with Lenovo
M2 - Thu Jan 08, 2:27PM CST
China Information Technology (CNIT)(NASDAQ: CNIT) and Lenovo Group Limited (HKSE: 992) said they have entered into an agreement in which they will cooperate to lower production costs, improve operating efficiency, and increase market share.
CNIT: 3.42 (+0.08)
China Information Technology, Inc. Announced Strategic Cooperation with Lenovo
PR Newswire - Wed Jan 07, 5:00AM CST
China Information Technology, Inc. (the "Company" or "CNIT"
(Nasdaq GS: CNIT), a leading provider of integrated cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today entered into a strategic cooperation agreement with Lenovo Group Limited ("Lenovo" . According to the agreement, the Company was designated by Lenovo as an authorized distributor of smart education terminals integrating proprietary CNIT software and cloud platform and award-winning Lenovo hardware including servers, laptops and tablet PCs for the Chinese market. CNIT: 3.42 (+0.08)
China Information Technology, Inc. Announces Results of 2014 Annual Meeting of Members
PR Newswire - Wed Dec 24, 5:00AM CST
China Information Technology, Inc. (the "Company" or "CNIT"
(Nasdaq GS: CNIT), a leading provider of integrated cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today announced the official results of its 2014 Annual Meeting of Members, held on Friday, December 19, 2014 at 9:00 a.m., local time in Shenzhen, China. The members voted on two proposals and cast their votes as described below: CNIT: 3.42 (+0.08)
Nasdaq makes quarterly changes to Golden Dragon China Index
Seeking Alpha - at Seeking Alpha - Mon Dec 15, 11:28AM CST
LEJU: 10.88 (+0.48), JRJC: 5.46 (+0.16), DQ: 21.04 (-0.21), JMEI: 12.67 (+0.31), CNIT: 3.42 (+0.08), HGSH: 3.05 (-0.13), CMCM: 20.20 (+0.10)
Quarterly Changes to the NASDAQ Golden Dragon China Index
GlobeNewswire - Mon Dec 15, 6:05AM CST
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the quarterly re-ranking of the NASDAQ Golden Dragon China Index (Nasdaq:HXC), which will become effective prior to market open on Monday, December 22, 2014.
LEJU: 10.88 (+0.48), JRJC: 5.46 (+0.16), DQ: 21.04 (-0.21), JMEI: 12.67 (+0.31), CNIT: 3.42 (+0.08), HGSH: 3.05 (-0.13), CMCM: 20.20 (+0.10), NDAQ: 49.48 (-0.27)
Midday Gainers / Losers
Seeking Alpha - at Seeking Alpha - Wed Dec 10, 11:45AM CST
ALOG: 86.55 (+1.60), VBIV: 3.01 (+0.01), PRTK: 26.95 (+0.65), TPLM: 5.68 (+0.06), MIND: 6.94 (+0.01), SSE: 5.23 (+0.22), ALLT: 9.15 (+0.02), EGY: 5.86 (-0.06), GBR: 1.48 (-0.10), ECTE: 2.62 (+0.06), PWE: 2.45 (+0.02), GDP: 3.58 (+0.29), LAYN: 7.93 (+0.22), WRES: 1.27 (+0.01), CALA: 16.11 (+0.62), AKER: 3.50 (+0.20), CVEO: 3.87 (+0.15), CNIT: 3.42 (+0.08), CYRN: 2.83 (+0.23), CRK: 6.09 (+0.46)
CNIT Announces Contracts for Installation of 10,000 New Media Elevator Terminals in Fujian Province
PR Newswire - Wed Dec 10, 5:00AM CST
China Information Technology, Inc. (the "Company" or "CNIT"
(Nasdaq GS: CNIT), a leading provider of integrated cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today announced that the Company was selected by a leading advertising agency to install 10,000 cloud-based new media elevator terminals in Fujian province. Depending on specific terminals, revenues from these installations will be recognized through one-time terminal sales and recurring monthly platform service fees as well as through recurring monthly fees that include terminal rental and platform service fees. The terminals are expected to be installed by the end of 2015 encompassing over 1,000,000 people. CNIT: 3.42 (+0.08)
CNIT to Install 300 Outdoor Cloud-based New Media Terminals in Guiyang City
PR Newswire - Mon Dec 01, 5:00AM CST
China Information Technology, Inc. (the "Company" or "CNIT"
(Nasdaq GS: CNIT), a leading provider of integrated cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today announced the execution of a five-year sales and service contract to install 300 units of its cloud-based new media terminals at premium residential communities in Wudang District of Guiyang City in the first quarter of 2015. Under the contract, the Company will receive one-time revenue from terminal sales as well as recurring monthly platform service fees. CNIT: 3.42 (+0.08)
CNIT to install 10,000 media elevator terminals in Jiangxi Province
M2 - Tue Nov 25, 10:52AM CST
China Information Technology, Inc. (NASDAQ: CNIT) said it has won contracts to install 10,000 units of its cloud-based new media elevator terminals in Jiangxi province.
CNIT: 3.42 (+0.08)
CNIT Announces Contracts for Installation of 10,000 New Media Elevator Terminals in Jiangxi Province
PR Newswire - Mon Nov 24, 5:00AM CST
China Information Technology, Inc. (the "Company" or "CNIT"
(Nasdaq GS: CNIT), a leading provider of integrated cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today announced that the Company has won contracts to install 10,000 units of its cloud-based new media elevator terminals in Jiangxi province. For the first 4,000 units, the Company will receive one-time sales income for the physical terminals as well as reoccurring monthly platform service fees. For the remaining 6,000 terminals, the Company will receive recurring monthly fees that include terminal rental and platform service fees. The installations are expected to be completed by the end of 2015. CNIT: 3.42 (+0.08)
CNIT Expands New Media Terminals into Elevator Segment
PR Newswire - Thu Nov 20, 5:00AM CST
China Information Technology, Inc. (the "Company"
(Nasdaq GS: CNIT), a leading provider of integrated cloud-based platform, exchange, and big data solutions to the Chinese new media industry today announced that 300 units of its cloud-based new media terminals have been installed inside elevators at premium residential buildings in Shenzhen. These installations were conducted under a contract with a leading advertising agency for elevator terminal rentals and related platform services. The new media terminals are installed on elevators inside the Longgang and Baoan premium residential area, which have a combined population of over 120,000 residents. CNIT: 3.42 (+0.08)
China Information Technology plans property sale, company share buyback
M2 - Tue Nov 18, 10:58AM CST
China Information Technology, Inc. (NASDAQ: CNIT) said it has signed a letter of intent with an unrelated party to sell the company's Fuyong Industrial Park for RMB375.0 million (approximately USD61.2 million).
CNIT: 3.42 (+0.08)
China Information Technology to Sell Property and Repurchase Company Shares
PR Newswire - Mon Nov 17, 5:00AM CST
China Information Technology, Inc. (the "Company"
(Nasdaq GS: CNIT), a leading provider of integrated cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today announced it has signed a Letter of Intent (LOI) with an unrelated party to sell the Company's Fuyong Industrial Park for RMB375.0 million (approximately US$61.2 million). In addition to working capital, proceeds from the sale will be used to fund a RMB61.3 million (US$10.0 million) share repurchase program and pay down RMB200.0 million (US$32.6 million) in short-term bank loans. CNIT: 3.42 (+0.08)
CNIT Secures RMB 1 Billion Revolving Credit Line with China CITIC Bank
PR Newswire - Thu Nov 13, 5:00AM CST
China Information Technology, Inc. (the "Company"
(Nasdaq GS: CNIT), a leading provider of end-to-end cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today announced it has obtained a three-year revolving credit facility of RMB 1 Billion from China CITIC Bank (CITIC). The facility will provide the Company with additional access to working capital in support of its growing new media advertising franchise. CNIT: 3.42 (+0.08)
CNIT Won Contract to Install Digital Display Terminals at Changsha Huanghua International Airport
PR Newswire - Mon Nov 10, 6:00AM CST
China Information Technology, Inc. (the "Company"
(Nasdaq GS: CNIT), a leading provider of end-to-end cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today announced that it has entered into a five-year leasing and service contract to install the Company's cloud-based digital display terminals at the Changsha Huanghua International Airport and provide relevant services. Under the contract, the Company will receive recurring monthly fees that include display terminal rental and platform service fees. CNIT: 3.42 (+0.08)
CNIT Establishes Taoping Net Company for O2O P2P Advertisement Business
PR Newswire - Mon Nov 03, 6:00AM CST
China Information Technology, Inc. (the "Company"
(Nasdaq GS: CNIT), a leading provider of end-to-end cloud-based platform, exchange, and big data solutions to the Chinese new media industry, today announced that it has formed an indirectly wholly owned Chinese subsidiary, Taoping Net Company, to construct China's largest online exchange for out-of-home advertisement resources. Taoping Net pairs small-and-medium enterprise (SME) corporate advertisers seeking marketing campaigns with owners of networked 21-to-75 inch digital display media terminals. CNIT: 3.42 (+0.08)
CNIT Entered Strategic Partnership with Pengfeng Investment on Automobile New Media Platform
PR Newswire - Mon Oct 27, 6:00AM CDT
China Information Technology, Inc. (the "Company"
(Nasdaq GS: CNIT), a leading provider of cloud-based software as service for the Chinese new media industry, today announced that it has entered into a strategic partnership with Tianjin Pengfeng Investment Co., Ltd. ("Pengfeng" to jointly establish an automobile new media platform. CNIT: 3.42 (+0.08), BITA: 62.95 (+2.85), ATHM: 38.44 (+1.64)
China Information Technology to install new media terminals in Hunan Province
M2 - Tue Oct 21, 7:10AM CDT
China Information Technology, Inc. (NASDAQ: CNIT) said it has signed a major contract to install 20,000 units of the company's new media terminals on behalf of the Hunan provincial government.
CNIT: 3.42 (+0.08)
