The managing director of China-Hongkong Photo Products Holdings, Dennis Sun (above) has signed 41 members of the Fujicolor Circle Scheme in China and expects to have 100 more by the year's end.
Sun said last month the company hoped to have 100 members by the end of next year.
'The new Fujicolor Circle Scheme shops are expected to make a significant contribution to our revenue and the expansion of our network in China,' he said yesterday.
Last year, China accounted for 68 per cent of its sales.
China-Hongkong Photo Products, the sole authorised distributor for Hong Kong, Macau and China, now expects to have 1,000 member shops by the end of next year.
Mr Sun said the company had changed its strategy to open as many shops as possible in China in view of the increasing demand, instead of its previous policy of recruiting members through its mainland joint ventures.