国产精品九,久久精品国产精品亚洲毛片,国产精品自产拍在线观看,91精品国产综合久久精品1,911精品国产一区二区在线

Slides
Photos

Chery plans public listing to fuel expansion plans

By Gong Zhengzheng (China Daily)
Updated: 2009-04-29 07:47

China's emerging carmaker Chery Automobile Co is moving closer to a domestic listing to fuel its rapid expansion, according to a top executive from the company.

Related publication:

Chery plans public listing to fuel expansion plans

Yin Tongyao, chairman and general manager of Chery, said the company has submitted necessary documents to the China Securities Regulatory Commission to issue stock in Shanghai.

The company is now undertaking shareholding reform in preparation for the listing, Yin said.

"Many domestic automakers are queuing up for a full listing and we hope to jump the queue," he said.

Analysts said Chery needs tens of billions of yuan to feed its independent research and development, joint projects with foreign partners and overseas expansion in the next couple of years...

Chery officially opened its auto financing joint venture last week with Huishang Bank, a commercial lender in Anhui, one year after the project was approved by Chinese regulators...

The full text is available in the April Issue of Auto China.Please visit publications for more subscription details.

(For more biz stories, please visit Industries)