BEIJING, May 5 /Xinhua-PRNewswire-FirstCall/ -- Yucheng Technologies Limited (Nasdaq: YTEC), a leading provider of IT solutions and services to China’s banking industry, today announces that it has filed its annual report on Form 20-F, including its audited financial statements for the fiscal year ended December 31, 2007, with the U.S. Securities and Exchange Commission (the "SEC") in accordance with United States requirements. Yucheng’s Form 20-F can be accessed on the Investor Relations page of the Company’s website at http://www.yuchengtech.com, as well as on the SEC’s website at http://www.sec.gov.
Yucheng will also host a conference call at 8:00 p.m. EST on Wednesday, May 14, 2008/8:00 a.m. Beijing Time on Thursday, May 15, 2008 to provide unaudited financial results for the three-month period ended March 31, 2008 and its business outlook for the rest of fiscal year 2008.
Mr. Remington Hu, Chief Financial Officer of Yucheng, will be joined by Mr. Chih Cheung, Chairman and Mr. Weidong Hong, Chief Executive Officer, for the conference call.
To participate, please call the following numbers ten minutes before the scheduled start of the call and provide the conference call identification 45668972 to join:
1-866-519-4004 (USA)
1-800-407-1908 (Canada)
0-808-234-6646 (UK)
10-800-650-0419 (NetCom Users in China)
10-800-265-0432 (Telecom Users in China)
65-6735-7955 (Other countries)
The record of this call will be accessible and downloadable at http://www.intercallapac.com/ftp/conf45668972.zip for 48 hours starting two hours after the end of the call. The record will also be accessible on Yucheng’s website at http://www.yuchengtech.com/english/front/main17.jsp?path=1766>1770.
About Yucheng Technologies Limited
Yucheng Technologies Limited (YTEC) is a leading IT service provider to the Chinese banking industry. Headquartered in Beijing, China, Yucheng has more than 1,700 employees and has established an extensive footprint to serve its banking clients nationwide with subsidiaries and representative offices in fourteen cities. Yucheng provides a comprehensive suite of IT solutions and services to Chinese banks including 1) channel-related IT solutions, such as web banking and call centers, 2) business-related processing solutions, such as core banking systems, foreign exchange and treasury management, and 3) management-related IT solutions, such as risk analytics and business intelligence. It is also a leading third party provider of POS merchant acquiring services in partnership with banks in China.
For further information, please contact:
In the U.S.A.
Mr. Jim Preissler
Advisor, Investor Relations
Tel: +1-646-383-4832
Email: jpreissler@yuchengtech.com
In Beijing, China
Ms. Yvonne Young
Investor Relations
Tel: +86-10-6442-0533
Email: investors@yuchengtech.com