China Communication is a nationwide telecommunications network operator approved by the respective authority under the State Council of China. The company invests in and builds nationwide public communication special networks on broadband optical cables to enable information transmission to fixed-line networks, mobile networks, satellite communication networks, Internet and cable TV networks. It is also working on the convergence of China's infrastructure communication. China Communication's current network covers Beijing, Tianjin, Shanghai, Shenzhen, Guangzhou, Harbin, Qiqihaer, Dalian, Changchun, Haikou, Xian, Chongqing, Shenyang and Wuhan. It expects a full national coverage by 2008.

Shenzhou Suda will be empowered by China Communication's network to reach a critical mass in China. The first service to be launched by Shenzhou Suda will be an information platform to be built jointly with China Communication. The platform is designed to be compatible with the BPPPS to enhance its service capability, enabling it to provide financial content and payment alerts to a wide population of subscribers in Beijing.

The BPPPS enables payment of telephone, utilities, tax and a broad range of tariffs on its platform. The platform's potential subscriber population therefore includes 4.5 million households, 10 million mobile phone services subscribers, 3.5 million fixed-line telecommunications services users and 2.6 million car owners in Beijing. BPPPS is also able to tap into the existing cardholder base of 40 million in the capital city of China UnionPay's Beijing branch through a collaboration.

Shenzhou Suda intends to integrate the platform attributes with HK6's information resources to offer a wide range of customized information services.

Ms Danielle Chan, Chairman of HK6 Holdings noted: "The nationwide coverage of China Communication's network is a strong leverage for the further development of Shenzhou Suda. Management expects the subscriber base of BPPPS to grow significantly in the next few years. This, coupled with the anticipated rollout of the service to other provinces, will become a potential source of attractive returns."

Mr Bao Yueqing, CEO of China Communications said: "Beijing is only the first point of our business rollout which we expect to eventually become nationwide. To this end, we have already reached initial agreements with the municipal government of Daqing on the building and management of a similar PPPS for the city."

About HK6 Holdings
HK6 Holdings Limited (HKGEM: 8206) is a multi-media financial information services provider. It provides financial news and commentaries on a range of media channels, produces financial programmes and corporate videos, and offers investor education services.

About China Communication
China Communication Co., Ltd. is a telecommunications services provider approved by the respective authority under the State Council. Its holds a license (B2-20040020) awarded by the Ministry of Information Industry for the provision of value-added telecommunications services. It is also commissioned by the State Council to plan, invest and build the nation's public communication network. China Communication engages in a project for the "Special Implementation Scheme of the Industrial Application of GPS". The company's core businesses include network settlement of commodity adjustments, public payment platform services, data transmission and exchange services, and information collection, development and processing, as well as information platform construction and access services.

About Shenzhou Suda (Joint Venture)
Shenzhou Suda is a 49:51 sino-foreign equity joint venture established in the PRC by Sino Key International Limited, a wholly-owned subsidiary of HK6 Holdings, and China Communication. It has a registered capital of RMB10 million and is HK6's vehicle in China to offer a range of financial information and value-added services through its media network.

Issued by :
HK6 Holdings Limited

Through :
t6.communications limited
Jenny Lee / Angus Ho
tel: 2511 8388 / fax: 2511 8238
email: enquiry-at-t6pr.com (use "@" to replace "-at-")
URL : http://www.t6pr.com