Mr. Mao: China TransInfo is a leading provider of end-to-end public transportation information technology systems and solutions in China. The company was founded by three graduates from Peking University back in 2000. Currently, we are headquartered in Beijing, with over 20 top branches and subsidiaries throughout China. The company's major client transportation agencies are throughout the country, which include the Department of Transportation, the country's top transportation regulator, and provisional and local transportation agencies in China. Our products mainly cover urban transportation and inter-city highway transportation sectors. For example, we provide intelligent traffic systems for urban transportation management purposes. We also provide highway transportation monitoring systems.
TWST: How has the company performed over the past 12 months? Are you happy with its progress?
Mr. Mao: I think the company is on track in terms of development over the past year. We have exceeded our expectations for the total company at a very exceptional rate. First of all, we had 100% growth on the top line during past year. We continue to expect organic growth in 2010.
Tickers included in this excerpt: CTFO
For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.