Chun Can Capital Group Inc. (CNCN)

Overview

Chun Can Capital Group, with headquarters in Liverpool, New York, and founded in 1996, positions itself primarily as an entity seeking growth through strategic acquisitions, mergers, and business combinations. Operating with minimal active business functions currently, the company sets its sights on long-term growth by partnering with other businesses. This strategy indicates a shift from its former active roles in various technology and service sectors to focusing on leveraging its corporate structure for significant collaborations. Formerly known as Cintel Corp., its historical involvement spans semiconductor packaging, automated assembly lines for flat panel displays, and customer relationship management solutions, marking a versatile yet focused technological and service-oriented background.

Products and Services

While Chun Can Capital Group currently reports no significant operational activities, its past endeavors highlight a diverse engagement in technology and services, including:

• Semiconductor Packaging and Manufacturing: Previously, the company engaged in semiconductor packaging and manufacturing, a critical process in the production of electronic devices. This service involved encasing semiconductor chips in a protective material to safeguard them and ensure their functionality.
• Automated Assembly Line for Flat Panel Displays: Chun Can Capital Group was involved in designing, manufacturing, and installing automated assembly lines. These specialized production lines were tailored for the creation of flat panel displays, a crucial component in numerous consumer electronics.
• Manufacturing and Testing PCB Related Equipment: The company had a role in manufacturing and testing equipment related to Printed Circuit Boards (PCBs). This involvement catered to custom specifications from clients, indicating a bespoke approach to product development and quality assurance.
• Customer Relationship Management Solution and Consulting: Beyond hardware, Chun Can Capital Group offered solutions in customer relationship management (CRM), providing consulting services, operating call-centers, and executing database marketing strategies. This service was aimed at enhancing the customer service and marketing capabilities of their clients.