Shenma COSCO cooperation IT service Liu Chuanzhi did not deny the distribution business for sale

Lenovo Holdings Limited CEO Liu Chuanzhi (right) and COSCO Group President Wei Jiafu (left) attended the Shenma and COSCO network cooperation signing ceremony. Newspaper reporter Kang Yafeng photo

The newspaper news (reporter Jiao Jiying) yesterday, the Digital China Corp signed a strategic cooperation agreement with the network company China ocean, the two sides agreed to expand cooperation in the field of IT services, to be able to build China shipping and logistics in the field of IT leading enterprises. Digital China Holdings Limited shareholders, Lenovo CEO Liu Chuanzhi and COSCO Group President Wei Jiafu to attend the meeting, but the two sides for the high-level cooperation, the proportion of equity capital replacement, the amount involved and the specific content of the contract have refused to disclose. Shenma PR person said yesterday, the two sides signed is a framework agreement, the specific details of the cooperation will be announced on the day after.

The biggest focus to be "Shenma sale distribution surrounded by business" rumors of Lenovo holdings company president Liu Chuanzhi body. The channel has been rumored to Ingram micro will use $260 million to buy 60% shares of Shenma distribution business, but is also possible to have Shenma Ingram shares. Thus, with half of the shares of Shenma Lenovo Holdings Company will use Ingram in international channels to promote the products of lenovo. Shenma PR people told reporters repeatedly to clarify the matter, saying it is "competitors have an ulterior motive to spread rumors".

Liu Chuanzhi yesterday in answer to a reporter's question will not deny the "sale", said "on the sale of digital distribution business matters if it comes to the capital level, will be considered by Lenovo, but the specific details have not yet been determined." He also said that when the current president of Digital China to Kuo Wei served as chairman of the board, "by the resolutions of the board of directors to decide".