Global Sources Details Plan to Distribute Up to RMB 1,000,000 to Aid Sichuan Earthquake Victims
Summary
Global Sources Chairman and CEO, Merle A. Hinrichs, said: "After a careful review of dozens of charities and the needs of those affected by this terrible tragedy, we believe weve come up with the most appropriate plan to provide funds and assistance.We greatly appreciate Global Sources generous contribution, which will help support our efforts on the ground tending to the needs of children in temporary shelter and for those who will need longer term care.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.The company plans to distribute the funds to various charities in the following amounts:-- Up to RMB 500,000 to be donated to the China Youth Development Foundation (http://www.cydf.org.cn/index.asp) to help rebuild a school in Sichuan province.We greatly appreciate Global Sources generous contribution, which will help support our efforts on the ground tending to the needs of children in temporary shelter and for those who will need longer term care.