EFUT [eFuture] 6-K: eFuture Announces Resignation of Chief Financial Officer Beijing,

[eFuture Announces Resignation of Chief Financial Officer Beijing, China, July 16, 2010 Ms. Yu has been coordinating with eFuture's Board of Directors and its senior management team on the appointment of a new CFO, as well as implementing measures to ensure a smooth transition. Mr. Adam Yan, CEO of eFuture, said, "We greatly appreciate the contribution Ms. Yu has made] [EFUTURE ANNOUNCES SALE OF STAKE IN SUBSIDIARY BFUTURE BEIJING A committee comprised of eFuture’s independent directors reviewed the structure of the transaction. eFuture believes that the sale of its bFuture stake was fairly priced and in the best interests of its shareholders. The independent committee’s review took into consideration bFuture’s current negative book value and recent financial performance, which includes] [eFuture Announces Resignation of Chief Operating Officer Beijing, September 10, 2010 To streamline eFuture’s management team, its President, Mr. Dehong Yang, has combined the duties of COO with his existing role, and has also been appointed President of Royalstone, effective September 1, 2010. Mr. Adam Yan, Chairman, Chief Executive Officer and Acting Chief Financial Officer of eFuture, said, "I would] [EFUTURE ANNOUNCES SECOND QUARTER 2010 UNAUDITED FINANCIAL RESULTS Total revenue increased 61% year-over-year to RMB35.8 million, exceeding guidance Adjusted EBITDA was RMB2.1 million, exceeding guidance BEIJING SECOND QUARTER 2010 FINANCIAL HIGHLIGHTS · Total revenue increased 61.1% year-over-year to RMB35.8 million (US$5.3 million). – Revenue from software license sales increased 76.2% year-over-year to RMB18.7 million (US$2.8 million). – Revenue from hardware] [FORM 6-K eFuture Information Technology Inc. 8/F TopNew Tower 2 15 Guanghua Road Chaoyang District Beijing 100026, People’s Republic of China 86-10-51650988 x ¨ Form 20-F ¨ x EFUTURE INFORMATION TECHNOLOGY INC.]

By | 2016-04-01T05:56:47+00:00 September 17th, 2010|Categories: Chinese Stocks, EFUT, Webplus ver|Tags: , , , , , |0 Comments
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