Business News • MarketWire • China Crescent Enterprises, Inc. Anticipates Potential Price per Share Increase in Reaction to Analyst Report Coverage of Majority Shareholder and 'Buy' Rating

China Crescent Enterprises, Inc. Anticipates Potential Price per Share Increase in Reaction to Analyst Report Coverage of Majority Shareholder and 'Buy' Rating

China Crescent Enterprises, Inc. Anticipates Potential Price per Share Increase in Reaction to Analyst Report Coverage of Majority Shareholder and 'Buy' Rating

DALLAS, TX--(Marketwire - February 23, 2010) - China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced a potential price per share (PPS) increase in reaction to an independent analyst report on the Company's majority shareholder with a 'buy' rating and target PPS recommendation nearly fifty times higher than the current PPS. China Crescent's majority shareholder owns and operates additional systems integration businesses, similar to China Crescent, in other emerging economic markets around the world. The independent analyst valued the majority shareholder on a discounted cash flow basis and in comparison to similar companies. Based on an equally weighted compilation of the various valuation methods, the analyst concluded that the PPS of the majority shareholder was substantially undervalued.

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