Hong Kong, Hong Kong S.A.R., May 17, 2008 --(PR.com
)-- Global Sources (Nasdaq: GSOL) and its team members will donate up to RMB 1 million to aid those affected by the massive earthquake in southwestern China on May 12. Team members have also offered to volunteer for relief efforts in the region and the company is exploring ways to help communities rebuild hospitals and schools.
Global Sources Chairman and CEO, Merle A. Hinrichs, said: "With over two-thirds of our team members living and working in mainland China, this tragedy hits close to home for our team members in China and around the world.
"We have confirmed that all team members in the region are safe and have now turned our focus helping those affected by this tragedy."
The company will donate RMB 500,000 to relief agencies working in the region. In addition, it will match contributions from team members of up to RMB 250,000, for a total donation of up to RMB 1,000,000.
Global Sources has been facilitating trade between Greater China and the world for over 37 years and has had a presence in mainland China for the past 27 years. Today, the company has over 2,100 team members in 44 locations in mainland China alone. Through education, charity and volunteerism, Global Sources has a long history of supporting people in need across Asia, with the core philosophy of giving back to the communities where it does business. More information about the company's charitable efforts is available at http://www.corporate.globalsources.com/CR/HOME.HTM.
About Global Sources
Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China. The core business is facilitating trade from Greater China to the world, using a wide range of English-language media. The other business segments facilitate trade from the world to Greater China, and trade within China, using Chinese-language media.
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 700,000 active buyers source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over 230 countries.
The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 2.6 million products and more than 195,000 suppliers annually through 14 online marketplaces, 13 monthly magazines, over 100 sourcing research reports and 9 specialized trade shows which run 27 times a year across eight cities.
Suppliers receive more than 32 million sales leads annually from buyers through Global Sources Online (http://www.globalsources.com) alone.
Global Sources has been facilitating global trade for 37 years. Global Sources' network covers more than 69 cities worldwide. In mainland China, Global Sources has over 2,100 team members in more than 44 locations, and a community of over 1 million registered online users and magazine readers for Chinese-language media.