July 4 insider news, China Manufacturing Network headquartered in Nanjing Jiangsu (www.made-in-china.com) was originally scheduled to be listed on the A shares in September. Because of this year's bearish stock market, the company has postponed its listing plan. Regarding when it will be listed, this person said that it depends on a suitable time.
The insider told Hexun IT that the company now has very good cash flow and being delayed in going public has no effect on the company.
In March 2007, Made-in-China.com raised 5 million US dollars to optimize its equity structure. This was the only time that China Manufacturing Network ever raised capital.
Last September Hexun IT learned from Zhao Tingchao, Chief Editor of E-Business World, that China Manufacturing Network would go public in 2008. At that time the location had not been determined yet.