HANGZHOU, China, Jan. 12 /PRNewswire-Asia-FirstCall/ -- China 3C Group (OTC Bulletin Board: CHCG), a retailer and wholesale distributor of consumer and business products in China, today announced that its subsidiary, Shanghai Joy & Harmony Electronics Company Limited ("Shanghai Joy & Harmony") signed an exclusive sales agent agreement with Shenzhen Vogue Industries Co., Ltd ("Shenzhen Vogue"), a well-known producer of auto electronics and communication electronics in Southern China. Under the terms of the agreement, Shanghai Joy & Harmony will be Shenzhen Vogue's exclusive sales agent at Tesco and Auchan stores.

Shenzhen Vogue Industries Co., Ltd, founded in August 1997, is a high-tech company that integrates R&D, manufacturing, marketing and after-sale services. It is one of the largest and most well-known GPS manufacturers in Southern China. Shenzhen Vogue recorded approximately USD$150 million in annual sales in 2008. The company has a plant of more than 140,000 square feet with modern facilities in Shenzhen city and employs more than 1,200 people.

Mr. Zhenggang Wang, CEO of China 3C, said, "We are pleased to enter into this sales agent agreement with Shenzhen Vogue for its branded GPS products. This cooperation will enrich China 3C's product lines. The expansion of the auto market in China has been significant in recent years and GPS navigation systems represent a compelling opportunity for our business. We plan on offering Shenzhen Vogue's GPS products into all 25 of the Tesco and Auchan stores that we currently serve with the potential to expand into other retail locations. GPS products also have higher unit prices and higher gross margins than most of our other existing products. We are pleased to strengthen our product offering and brand portfolio as we head into a new year."

Guandong Chen, CEO of Shenzhen Vogue Industries Co., Ltd said, "Last year, our sales of GPS products in Southern China increased 150% and the market is still rapidly growing. This is the first time that our GPS products have been sold in Eastern China and we are honored to engage China 3C Group as our sales agent. China 3C Group is a well-known electronics retailer with an extensive customer base and many retail stores. I believe the combination of our advanced technology with China 3C Group's strong sales and after-service sales platform will benefit both companies as we look to gain market share in Eastern China."

About China 3C

China 3C is a leading wholesale distributor and retailer of 3C merchandise: computers, communication products and consumer electronics. The company specializes in wholesale distribution and retail sales of 3C products in Eastern China, focusing on products that make life more comfortable, convenient and connected. The company's goal is to become the number one retailer of 3C products in China. For more information, visit http://www.china3cgroup.com .

Forward-looking Statements:

Certain statements set forth in this press release constitute "Forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We have included and from time to time may make in our public filings, press releases or other public statements, certain forward-looking statements, including, without limitation, those under "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Part II, Item 7 of our Annual Report on Form 10-K. In some cases these statements are identifiable through the use of words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," "project," "target," "can," "could," "may," "should," "will," "would" or words or expressions of similar meaning. You are cautioned not to place undue reliance on these forward- looking statements. In addition, our management may make forward-looking statements to analysts, investors, representatives of the media and others. These forward-looking statements are not historical facts and represent only our beliefs regarding future events, many of which, by their nature, are inherently uncertain and beyond our control. There can be no assurance that such forward-looking statements will prove to be accurate and China 3C Group undertakes no obligation to update any forward-looking statements or to announce revisions to any of the forward-looking statements.

SOURCE China 3C Group