ChinaSoft International (CSI, HK.8216) announce that it will design a unitive technology and platform for SFDA by using software platform which is developed by itself, and offer information consultation, project management, application development, technology service and training services after signing memo with SFDA.

CSI general manager and administration CEO doctor Chen said, this cooperation is similar with project cooperate with State Tobacco Monopoly Bureau, they all belong to duplicate of uprightness business model, by cooperating with central government, CSI promote application system to all province, city, ,country and all company terminal. He said, CSI has obtain 800millionRMB earnings, equals to 100-200million each year, he estimate CSI has big progress potential via cooperation with SFDA.

Regarding the future business development, Doctor Chen said CSI plan to purchase an abroad finance and bank software service company. Since this project is under discussion, he did not disclose many details. But he said, the company goal is earn 500million dollars within 5 years and keep ahead in this area, this year, CSI’s products will focus on 3 area, that are finance and bank, government, commonality, and consume circulation industry.