On 05/13/2008, China 3C Group announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

China 3C Group announced that the Company has signed a retail agreement with Auchan Hypermarket Co Ltd. to open new retail counters within all twenty of Auchan´s branded China-based stores beginning April 28, 2008. The new counters will sell digital cameras and photography equipment. China 3C currently operates a retail counter in each of the twenty Auchan branded stores that sell MP3, MP4 products and other small digital products. This new agreement will expand China 3C´s total number of counters at each Auchan branded store from one to two.

China 3C Group announced that the company has signed a wholesale supply agreement with Wal-Mart (China) Investment Co. Ltd. to sell audio electronic equipment, including radios, CD players and stereo equipment at six Wal-Mart stores in the Zhejiang province beginning in April 2008. This agreement provides China 3C Group with the possibility of expanding its distribution into other Wal-Mart stores located in Eastern China as well as in other surrounding provinces in China in the future. Including Wal-Mart´s six stores in the Zhejiang province, Wal-Mart currently has thirteen stores in Eastern China and eighty-one stores overall in China.