Changan evg machine Auto to take over AVIC’s auto business
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Changan Auto to take over AVIC’s auto businessPublished: 08 Nov 2009 19:31:42 PSTMore From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial MarketNov. 9, 2009 (China Knowledge) – Chinese auto maker Changan Automobile (Group) Co Ltd will merge with the auto-making operations of Aviation Industry Corp of China, the first merger and restructuring between two state-owned auto giants in China, sources reported.Chongqing-based Changan Auto has already sent out invitation letters to some auto-related media agencies for its press conference in the Great Hall of the People in Beijing on Nov. 10.Earlier this year, the auto maker said it was in talks with relevant parties on the integration of both Hafei and Changhe into its subsidiary Chongqing Changan Automobile Co Ltd<000625><200625> in a bid to form a mini-van giant in China.Changan plans to double its minivan capacity to 1.2 million units from the current level in two years and triple that capacity to 1.8 million units within five years.AVIC’s auto operations include Hafei Auto Group, Changhe Automobile Dongan Power and some other auto or auto-parts businesses. AVIC had set the target of selling 400,000 vehicles and 800,000 engines per year by 2011.Copyright © 2009 http://www.chinaknowledge.com港澳游 打标机 グーグル seo 引越し 見積もり 競馬予想 無料

Tsann Ku evg machine en to open 17 Star Travel outlets
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Tsann Kuen to open 17 Star Travel outletsPublished: 09 Feb 2009 18:12:51 PSTFeb. 9, 2009 (China Knowledge) – Star Travel, the tourism subsidiary of Taiwan-based home appliance chain Tsann Kuen Enterprise Co Ltd, plans to open 17 outlets in mainland China this year, sources reported.Star Travel will extend its business network to Shanghai, Xiamen and Dalian via its new outlets. The stores will be equipped with 3C products such as digital cameras, image processing software, and memory cards.Despite the economic downturn, Tsann Kuen still plans to open the new outlets. Jerry Yen, general manager of Tsann Kuen, said the company aims to organize its layout in mainland China to enhance its further development.Tsann Kuen left mainland China in 2005 by selling its 32 home appliance stores to its rival, Yongle China Appliance Sales Co. Ltd, but the previous withdrawal does not indicate a lack of interest in capturing a share the mainland China market, as this new move confirms.Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News港澳游 ペニーオークション 搅拌器 网络传真 减速马达