Message Containing Symbol CWTD (China World Trade Corp.)

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News Release

 

style="font-size: 10pt; font-family: Arial">  size="2">This
STOCK has ran to over $9.00 in the previous months and with
all the recent
activity along with future talks of China World making AMEX
listing would
make this a great time to take a closer look at the company;
CWTD.

*Recent
Company News

TIANHE, GUANGZHOU, CHINA--(MARKET
WIRE)--May 19, 2004 -- China
World Trade Corp is pleased to announce that
it has signed an
agreement with Huahao group to acquire 51% of
its operating arm, New
Generation Group. Total consideration for the
transaction is
$11,475,000, about 70% payable in stock and
the balance to be paid
in cash. The audit of Huahao is scheduled to
be complete before July
15, 2004. It is expected that CWTD will
consolidate the revenue of
New Generation Group once the transaction has
closed. The
transaction is expected to close on or before
July 30, 2004.

The New Generation Group agreement marks
another key component in
the China World Trade Corporation's strategy
to have the capability
to provide to their "members" a more
comprehensive value-added
service -- all the members can book &
arrange all of their travel
needs through the New Generation Group.

Of equal importance, New Generation Group
recently deployed a
toll-free number, which is very rare for
China. While there were
nearly 80 million Internet users in China at
the end of 2003, there
were over 250 million mobile phone users and
hundreds of millions of
more landlines. As a result, it is believed
the phone is likely to
remain the primary tool that Chinese
businessmen and consumers use
to access information and make travel
purchases for years to come --
especially last minute reservations!

About Huahao Group: Established in
October 1997, Huahao is
the pioneer and one of the market leaders in
the travel agency
businesses through the operations of its 10
subsidiaries in Southern
China in ticketing sales for international and
domestic flights as
well as inbound business travel. The turnover
of Huahao was
approximately US$180 million in 2003 and is
expected to reach US$250
million in 2004. Huahao has already acquired
the necessary licenses
to operate as a ticketing and travel agent in
the PRC. These
licenses include 26 licenses as a ticketing
agent for international
and domestic flights for both cargo and
passengers issued by the
Civil Aviation Administration of China
("CAAC") and the
International Air Transport Association
("IATA"); and 3 licenses as
a domestic and international travel agent
issued by the
Administrative Bureau of Tourism of China.
Huahao has registered the
trademark Network Travel Service (NTS) (or in
Chinese "Zhong Heng
Tian Di'' meaning "travel around the
world'') for its brand name and
logo in 36 out of 43 Recognized industries in
China. In addition,
Huahao has set up a call center to handle
nationwide reservations.
Customers are able to make reservations of
hotel and air ticket
simply by dialing 4008168168 anywhere in the
nation.

About China World Trade Corp: China
World Trade Corp. is
devoted to the building of World Trade brand
in China. China World
Trade Corp. a listed company on the (OTC BB:
CWTD) in the United
States. CWTC business objective is to open and
operate business
clubs in the major cities of China in
association with the World
Trade Center Association in order to position
us as the platform to
facilitate trade between China and the world
market. We currently
operate the Guangzhou World Trade Center Club
consisting of over
4000 square meters. The Beijing World Trade
Center Club, which is
located at 2nd Floor, Office Tower II,
Landmark Towers Beijing, 8
North Dongsanhuan Road, Beijing PRC, and
consisting of 730 square
meters.  The China World Trade Corp
executive office is located
at 4th Floor, Goldlion Digital Network Center,
138 Tiyu Road East,
Tianhe, Guangzhou, and the PRC 510620.



 

*Key Company
Points size="2">

face="Arial" size="2">

Here are a few simple reasons why one would
own China World Trade
Corp:

1. 
   

   China
   World Trade Corp signs
   Agreement with Huahao Group to Acquire
   51% 0f its operating arm,
   New generation group.



2. 
   

   Total
   consideration for the
   transaction is $11,475,000,about 70%
   payable in STOCK and the
   balance in cash into the company.



3. 
   

   The
   audit of Huahao is scheduled
   to be complete before July 15th
   2005.



4. 
   

   The
   transaction is expected to
   close on or before July 30,2004.



5. 
   

   It is
   expected that CWTD will
   consolidate the revenue of New
   generation Group once the
   transaction has closed.



6. 
   

   Projected Revenue for 2004 will
   be over USD 200 Million.



7. 
   

   New
   Generation Group recently
   deployed a nation wide toll free
   number in China:
   4008168168,which is very rare for
   China. While there were nearly
   80 million Internet users in china at
   the end of
   
   2003.  There were over  250
   million mobile phone users
   and hundreds of million of
   landlines.  This is a one stop
   service numbers for all Travel
   Services for inbound and outbound
   services.