| Business Summary | | China
Convergent
Corp.,
is
a
Hong
Kong-based
holding
company
engaged
in
the
development
of
a
multimedia
broadband
cable
operation
in
the
People's
Republic
of
China.
In
addition
to
managing
broadband
assets
in
China,
the
Company
provides
Century
Vision
Network
(CVN),
an
interactive
multi-media
broadband
network
being
developed
through
joint
ventures
with
PRC
broadcasting
bureaus,
with
technology;
develops
broadband
Chinese
content;
manufactures
its
own
set-top
boxes,
and
develops
Asian
broadband
cable
networks
outside
of
China
through
its
Hong
Kong-listed
subsidiary,
Prosper
eVision
Ltd.
The
CVN
Project
is
a
developmental
stage
project
focused
on
introducing
broadband,
interactive
multi-media
technology
to
deliver
rich
video
and
audio
content,
entertainment,
information,
e-commerce,
and
broadband
services
via
China's
public
TV
networks
to
consumers
and
commercial
users.
At
December
1999,
the
Company
was
in
a
start-up
phase
of
its
development
with
no
business
operations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | China
Convergent
Corporation
Ltd.
is
a
Hong
Kong-based
holding
company
engaged
in
the
development
of
a
multimedia
broadband
cable
operation
in
the
People's
Republic
of
China.
For
the
six
months
ended
6/30/00,
revenues
decreased
14%
to
A$10.2
million.
Net
loss
decreased
91%
to
A$960
thousand.
Revenues
suffered
from
a
weakened
property
market
in
Hong
Kong.
Lower
loss
reflects
a
gain
of
$8.5
million
in
abnormal
items. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Hai Sheng Wang | Chairman | Doi Shu Cheung | CEO,
Director | Habibullah Rahman, 35 | CFO | Fung Pang, 29 | Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|