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  • China's Largest Software Firm Set up in Shanghai
  • December 30, 1998 (SHANGHAI, China) -- Rongxin Software Development Co., the largest computer software company in China, was established on Dec. 28 in the Pudong New Area of Shanghai Municipality.
    The company will focus on electronics and exports of software products, and was capitalized at RMB117 million (US$14 million).

    It will set up a comprehensive software base for research and development, professional training and academic exchanges, officials at the company said.

    Rongxin Software Development was established by Rongxin Information Technology Co., Ltd., Huitong Group Co., Ltd. of Xinjiang Uygur Autonomous Region, and Shanghai Rongxin Computer System Engineering Co.

    (Xinhua News Agency)

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    Updated: Tue Dec 29 16:11:27 1998 PDT