[Dec.21, 2004 Beijing China] — China Power Finance Co., Ltd. signed a software customization contract with UFSoft Engineering Ltd, a global software service provider, for developing the "Business Operation and Management Information System".

Headquartered in Beijing, China Power Finance Co., Ltd. is a nation-wide financial institution restructured by 5 non-bank financial organizations with the approval of People's Bank of China. Currently, China Power Finance Co., Ltd. has become one of the largest and most profitable financial companies in China.

The "Business Operation and Management Information System" project signed this time got such parties involved as its head-office, branches and its clients. Simultaneously, the function will cover the platform of basic information, customer service, business operation and decision-making management. As the general contractor, UFSoft Engineering Ltd. will integrate many world famous products in the field of management consultation, hardware equipment, database, etc., to build a very advance structure in application and technology as well as the sustainable developing non-banking financial system for China Power Finance Co., Ltd.