CIMC acquires HK Enric Energy Equipment
By Jin Jing (China Daily)
Updated: 2007-08-07 10:43
Updated: 2007-08-07 10:43
"The deal is also expected to provide new sales channel for CIMC, though the amount will not be large," he added.
Enric, a company listed on the Hong Kong Stock Exchange in October 2005, had net assets of 505.52 million yuan at the end of 2006 and sales revenue of 769.65 million yuan.
CIMC's revenue in 2006 was 33.2 billion yuan and its total assets amounted to 23.3 billion yuan.
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