InvestToChina

The CNY78 million venture capital invested by Govtor will be used for Jiangyin Alcom’s development of solar battery fittings and solar integrated system, as well as its R&D center.

Infinity I-China announced on that it has joined with Kleiner Perkins Caufield & Byers China, the China Spring Fund and JAIC in a Series B Financing round of Chiral Quest Corporation.

Mangocity, the online tourism company under China National Travel Service (HK) Group Corporation, said that it intends to take over 1Rest. The two parties are in the stage of negotiation and the deal is expected to complete after the Spring Festival

Shi Yuzhu, Chairman and CEO of Giant Interactive announced on January 12, 2009 the launch of "Win@Giant", an online game incubation program. 20% of profit at most will be offered to a team if their games are successful.

Laobaixing announced it has acquired 32 drugstores of Hunan Xiangtan Haicheng Pharmacy Chain Co. Ltd, marking the first step for penetration into the second-tier markets.

Beijing-based IT product B2C site 360buy.com has received second-round fundraising of $21 million from Capital Today, Bull Capital Partners, and a private company of Francis Leung

Shanghai-based children's clothing and products provider Little Bobdog has completed Series A funding of $8 million from Fortune International Partners and Jiangsu High-tech Investment Group.

Good Media, the biggest fitness club media operator, officially announced on January 6 that it has completed the merger with Sports Media, a subsidiary under the aegis of Focus Media, and the deal was finished on December 31, 2008.

Confronting with the industrial difficulties of the global semiconductor industry, international semiconductor giants eye the local semiconductor design enterprises.

Jinyuan Group, Guizhou Province's biggest power generator, was renamed China Power Investment Guizhou Jinyuan Co., Ltd on Dec 28, marking that China Power Investment Group (China Power Investment) officially completed the acquisition to Jinyuan Group