eFuture Information Technology Inc. (eFuture) is a provider of integrated software and service retail and consumer goods industries. eFuture provides integrated software and services to manufacturers, distributors, wholesalers, logistics companies and retailers in China’s front-end supply chain (from factory to consumer) market, especially in the retail and fast moving consumer goods industries. Its software business is its core business, and includes its software solutions and related value-added services. This business provides front-end supply chain management (SCM) software solutions and related value-added services to companies in the retail and consumer goods industries. Its eService business includes business to business (B2B) services, software as a service (SaaS) which includes SCM solutions and business to consumer (B2C) store solutions, and T+1 SCF services. In May 2008, the Company acquired 31% ownership interest in Beijing Wangku Hutong Information Technology Co., Ltd.