HONG KONG, March 9, 2015 /PRNewswire/ — A leading e-commerce company dedicated to serving China’s electronics manufacturing industry, Cogobuy Group ("Cogobuy" or the "Company") (Stock code: 400.HK) operates the largest transaction-based e-commerce platform for IC and other electronic components in China. Cogobuy is pleased to announce that the Company has been selected as a constituent of the following Hang Seng family of indexes, with effect from March 9, 2015 (Monday).
- Hang Seng Broad Consumption Index ("HSBCI")
- Hang Seng Global Composite Index ("HSGCI")
- Hang Seng Composite Index ("HSCI") Series:
- Hang Seng Composite Index
- Hang Seng Composite Industry Index – Information Technology
- Hang Seng Composite SmallCap Index
Mr. Jeffrey Kang, Executive Director, Chairman and CEO of Cogobuy Group, gladly said: "Being selected into The Hang Seng Family of Indexes ("Indexes") have successfully proven our past performance within the capital market, which will further enhance the Company’s reputation and market position, and attract more powerful investor to support the Company. Going forward, after becoming constituents of important Benchmark Indexes in Hong Kong capital market, we will continuously leverage its solid foundation to expand our operating scale and focus on the development of Ingdan.com, a one-stop Internet of Things ("IoT") innovation business platform of the Company, to develop Ingdan.com as a global IoT platform."
The Indexes are managed by Hang Seng Indexes Company Limited to select and keep listed companies that meet the market capitalization and turnover screening as their constituents, for a better reflection of the performance of Hong Kong capital market.
For more information on the Hang Seng Indexes, please visit http://www.hsi.com.hk/HSI-Net/HSI-Net.
About Cogobuy Group
Cogobuy Group is a leading e-commerce company dedicated to serving the electronics manufacturing industry in China. The Company operates the largest transaction-based e-commerce platform for IC and other electronic components in China as measured by GMV in 2013. Through the e-commerce platform, including a direct sales platform, an online marketplace and a dedicated team of technical consultants and professional sales representatives, the Company provides customers with comprehensive online and offline services across pre-sale, sale and post-sale stages. The Company serves mainly SME electronics manufacturers.
For further information, please refer to the Company’s website at http://www.cogobuy.com/
INGDAN.com is an online and offline platform focusing on the hardware innovation sector. The platform provides information of hardware innovation, knowledge of the supply chain and supply chain demand docking for IoT innovation entrepreneurs. It is a one-stop hardware innovation business platform with its core being the "supply chain".
For further information, please refer to the Company’s website at http://www.ingdan.com/
This press release is issued by Financial PR (HK) Limited on behalf of Cogobuy Group.