According to the signed co-operation agreement, Sichuan Changhong will produce over 200,000 units of Wonder TV A6000 in China before the end of 1998. Regent has complete product technical license and patent and it will supply product specific chip set and other key components to Sichuan Changhong. Wonder TV A6000 is now highly valued by industry experts as a true TV ready wonder box which combines all the useful functions of a multi-media computer, a fax machine, a karaoke, an Internet box (like WebTV) and a game machine.
Sichuan Changhong Electronics Group Corporation, a public company listed in the Central Chinese Stock Exchange, is now No.1 in China and the 8th largest TV manufacturer in the world. In 1996 it produced and sold over 5 million television sets.
Lotus Pacific, Inc. is a public company traded on the NASDAQ bulletin board under the symbol of LPFC. Its Internet website is at http://www.lpfc.com/