Inspur International said yesterday that it had spent as much as CNY 36 million for POS machine business from its parent company. With completion of the deal, POS business of Inspur Group will completely be injected into Inspur International.
Previously, Inspur International purchased 40% stakes in Shandong Inspur Business Machine Company in April 2005.
As one of the three major publicly-traded companies of Inspur Group, Inspur International has been placed highly with expectations. It has financed as much as CNY 200 million since its initial public offering.
It also took over some good-performing assets from branches of Inspur Group. Operating revenues of Inspur International have been increased to HKD 870 million by the end of 2006 from CNY 130 million in 2001. Contrarily, Inspur Software and Inspur Information have been going from bad to worse.
Inspur Group is one of the earliest enterprises engaged in IT industry in China, and also the largest provider of application and resolution of IT industry in China.
Inspur Group's business covers such industries and fields as PC, server, tax controlling machine, communication products, information security, software outsourcing, as well as service, application software for large industry, finance and ERP, E- government, tobacco and circulation, etc.
The sales network and technical service network of Inspur can be found all over the country, with its headquarters in Jinan of Shandong Province as the center.
Inspur has three marketing centers located respectively in Beijing, Shanghai and Guangzhou, twenty market platforms and thirty provincial-level offices. In addition, it has seven regional technical support centers, two hundred associates and three thousand and two hundred persons for technical support.
At present, Inspur has set up a stable, perfect and nationwide sales and service network system which lays the foundation for the scale development of the company. Inspur has also set research and development centers in Beijing, Shanghai, Jinan and Qingdao, and foreign offices in Japan and America, etc.
Since as early as the beginning of 1990s, Inspur has started its international cooperative business. It has set up some joint ventures with CASIO of Japan, ERICSSON and LG and set up good business and cooperative relations with such world- famous corporations as EDS of America, Furukawa Electric of Japan, NEC, NTT Soft, SOPIA and NUCLEUS of India, etc.