![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
Sinotruk May Go Public - China - In Hong Kong within 2006
JINAN,China -SinoCast via COMTEX -Apr 20, 2006: -- China National Heavy Duty Truck Group Co., Ltd. (CNHTC, or Sinotruk), the leading heavy-duty truck manufacturer in the country, announces that it will likely to go public in Hong Kong before the end of 2006. Officials at CNHTC disclosed that when the group celebrated the establishment of an engine subsidiary in Jinan, capital of Shandong Province on April 18... Sinotruk Jinan Power Company, the new arm of the group, will become a special production base of engines for heavy-duty vehicles in China. CNHTC has invested nearly CNY 1 billion (USD 1 = CNY 8.01) in the company and equips it with the most advanced techniques around the world. The engine company, which will reach a designed capacity of 100,000 heavy-duty engines annually, plans to manufacture 30,000 to 50,000 engines this year...
posted by Unknown @ 4:33 PM
0 Comments:
Post a Comment
<< Home