The Smooth Global (China) Holdings has signed an agreement with Beijing Shunyi Investment Promotion Bureau for the launching of ''VoIP Networkwork Construction'' service in the Shunyi District of Beijing, which offers the construction of VoIP Network for brand named companies in the district of Shunyi in Beijing, targeting for $1.2 million gross margin annually.
According to the general plan of Beijing Municipality, Shunyi is located in the middle segment of the East Development Band with the concept of ''2 axles - 2 bands - multi-centers". With this plan, Shunyi District will be awarded with four functions: modern manufacturing, a logistics hub, an international exchange and holiday relaxation. Shunyi District has attracted over 300 large and medium foreign enterprises from over 18 countries including some famous brands such as Ericsson, SONY, JVC, AIRBUS, Panasonic and Citizen. More than 20 factories and R&D companies, which are listed in the World's Top 500 Companies, established their business in Shunyi District based on its predominant investing environment, excellent office settings and well-served daily assistance.
According to this agreement, Beijing Shunyi Investment Promotion Bureau will partner with Beijing GRT to start its ''Intragroup Call'' service and ''VoIP Network Construction'' service promotion, providing the chance of annual gross margin of approximately $1.2 million.