China Information awarded contract totaling $3.0M China Information Technology announced the Company won important contracts in its core WeMedia and Public InfoCloud businesses with a total value of approximately $3.0M, customers of which include Hunan Province Tobacco Company, Zhengzhou Dmall E-commerce and Guizhou Duogou E-commerce. Under each contract, the Company would provide a comprehensive commercial-use WeMedia platform comprising of CNIT's proprietary Public InfoCloud and smart cloud display P-TV/P-Box, which enables the online exchange of advertising products and new-media resources, and promotes commodity information's smart distribution and demonstration.
China Information installs new media terminals at Beijing South Railway Station China Information Technology announced that it has installed 23 cloud-based new media terminals at China's largest high-speed railway station -- Beijing South Railway Station. The installation is done through a leasing agreement with a leading advertising agency in China. Under the agreement, the advertising agency will pay the Company recurring monthly fees that include terminal rental and platform management fees.