Digital China has this week divided its business into four subsidiaries to focus on consumer sales, enterprise sales, IT service and bank service, respectively.
Through this adjustment, Digital China has conferred more finance and human resource power to the four subsidiaries, which are expected to operate separately and independently.
Meanwhile, the company has also adjusted the personnel among its top management. Mao Xiangqian, a senior executive of the company, will be responsible for the consumer product service, vice president Yan Guorong will take charge of the enterprise service, senior executive Chen Yong will be in charge of IT service, and another vice president He Wenchao will take responsibility of the company's banking service.
Local media quote analysts who say Digital China might have made this adjustment in order to better position the sale of one or more of these four subsidiaries.