Beijing, China, 16 November 2006. SAI Global (ASX: SAI) has launched a management technologies and training services joint venture in China following a deal with the country’s leading conformity assessment body, the China Quality Certification Centre (CQC). The joint venture CQC-SAI Management Technologies is based in Beijing and will draw on the resources of both organisations within China and globally.
In welcoming the landmark step in trading relations between Australia and China the Australian Foreign Minister for Foreign Affairs, the Hon. Alexander Downer said: “The opening of this Beijing office is a welcome sign of the continued strong growth in our economic and trade ties with China and the esteem with which Australian companies such as SAI Global are held overseas.”
The Chief Executive of SAI Global, Mr Ross Wraight, said: “CQC-SAI will assist organisations to further implement critical management capability and skills, which stand to be of great benefit to companies operating in China.”
The formation of the CQC-SAI delivers the following strategic benefits to SAI Global:
- A geographic presence in the high-growth Chinese marketplace
- Access to business improvement professionals globally
- Positioning alongside China’s largest certification provider CQC
“The joint venture represents a further step towards expanding SAI’s operations throughout the high growth Asian region”, said Mr Wraight.
According to the President of CQC, Professor Li: “This landmark initiative will provide Chinese companies with access to technical support in the form of management technologies and training.
The joint venture company will provide clients in China with:
- Access to training services
- Product Certificationfacilitation for the trade
- On-line learning on the area of standards and regulations
- Second Party assurance serves for a wide range of industries
The Chairman of CQC-SAI, Mr Liu Chang Sheng, said: “By acting as an agent, CQC-SAI will help to serve Chinese businesses which are exporting products and services into international markets as well as help Australian companies in their endeavours to access the Chinese market.” For further information regarding CQC-SAI please visit www.cqc-sai.com
Investor and Media Inquiries
Tom Godfrey – SAI Global +61 2 826 6863 +61 414 191 034 • tom.godfrey@sai-global.com
CQC-SAI Management Technologies (Beijing) CO., Ltd is a 50% equity joint venture established by China Quality Certification Centre and SAI Global Limited. With the headquarters in Beijing, it provides services to Chinese enterprises seeking to access international markets and is the bridge between overseas products and the Chinese market. CAC-SAI is committed to delivering a high value one-stop service to its customers.