Abchurch adds another UK-listed Chinese client to its portfolio; winning the financial PR remit for China Chaintek (AIM:CTUK), the provider of logistics services to manufacturers of consumer goods in China. Abchurch has significant experience advising Chinese companies on their financial communications and will draw on this experience to raise China Chaintek’s profile to its key investment audiences.
Since its founding in 2000, China Chaintek demonstrated strong growth and in 2012 listed on the AIM market of the London Stock Exchange, raising £7.5 million. It has a diversified, long-standing client base of over 60 key customers including sports shoes and apparel; six of its top ten clients by revenue in 2013 are publicly listed in Hong Kong, USA, China or Singapore. Its main operations are located in Jinjiang City, Fujian Province, a key manufacturing region in China.
Julian Bosdet, Senior Partner of Abchurch, commented on the appointment: “Having built considerable experience in advising Chinese companies; the Abchurch team is delighted to be working with three of the four biggest Chinese companies on AIM and we look forward to working with China Chaintek on its communications strategy going forward.”
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