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CNIT
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China Information Technology Inc.
On March 27th, 2015 it was announced around 6:00 am, that CNIT has won the Sole Naming Right of 2015 annual Luoyang Peony Festival, where they also provided cloud-based solutions. The company grew 22.06% on Friday, during the festival CNIT will deploy large-scale, cloud-based digital display terminals throughout Luoyang to broadcast festival highlights, various programs on city sightseeing, sports contests, exhibitions and tradeshows, as well as advertisements. This is a huge deal for a small technology company on the uprise. I am currently still invested in the company with 11,807 shares bought at $4.49 and is sitting currently at $4.62.
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