"Red Flag Software Co., nurtured by the Chinese government's
top science think tank and President Jiang Zemin's eldest son, says
it aims to take China's Linux-based software operating system to
"The company, controlled by the Chinese Academy of Sciences, has
hired an adviser for an initial public offering, possibly on Hong
Kong's Growth Enterprise Market (GEM), chairman Sun Yufang said. He
declined to provide a timetable or identify the financial adviser
for the listing."
"Jiang's eldest son, Jiang Mianheng, is vice-director of the
Chinese Academy of Sciences, which holds about 60% of Red Flag
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