I noted some of the management changes at hiSoft in a post last week.  At the time, information about Mr. Li Yuan-Ming’s destination wasn’t readily available.  Thanks to the China Daily, we now have a bit more information.  Apparently he has founded a new, Dalian based, outsourcing company to focus on providing services to Japanese clients.

‘Dalian Presoft Co Ltd, intended to boost the booming software industry of Dalian, a coastal city in Northeast China’s Liaoning Province, was formally launched Friday.

“The new company is dedicated to being a bridge between Japanese customers and Chinese service providers in the IT sector,” said Presoft president Li Yuanming.

In this role, Presoft will focus on IT services and training for its Japanese and Chinese partners, Li said.

“With a staff of more than 540 people, we are confident that we can double our output value every year for the next three years. It is expected to be 70 million yuan ($10 million) this year, and reach $50 million by 2010,” Li said.’

It sounds like Mr. Li Yuan-Ming wishes to continue to focus on Japan, while, as suggested in the earlier post, hiSoft’s current management was intent on pursuing western business.  Dalian is certainly the right location for a Japan oriented company.  Hopefully, these moves will allow hiSoft to become even more competitive in serving western clients.

Technorati Tags:  China, China Outsourcing