综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

BIZCHINA> Center
Foton gets $151m from share placement
(Agencies)
Updated: 2008-07-16 16:33

Major Chinese truck maker Beiqi Foton Motor Co said on Wednesday it has raised 1.03 billion yuan ($151 million) from a share placement.

Foton issued 105 million shares to its parent, Beijing Automotive Industry Holding, and four other domestic firms at 9.88 yuan per share, it said in a statement.

The move increased Beijing Auto's stake in Foton to 37.71 percent from 36.43 percent and brought in major Chinese engine maker Weichai Power Co as a strategic investor with a 2.18 percent stake.

Proceeds will be used to fund Foton's engine venture with Cummins Inc and upgrade its commercial vehicle production facilities, it added.

Foton's A shares traded on the Shanghai Stock exchange rose 1.66 percent to 7.33 yuan by mid-morning trade on Wednesday, outperforming a 1.24 drop in the benchmark Shanghai Composite Index.

In April, Foton reached a preliminary agreement to set up a truck-making joint venture with Daimler AG. The two parties will finalise the deal after the Beijing Olympics in August, Beijing Auto Chairman Xu Heyi told Reuters last month.


(For more biz stories, please visit Industries)

 

 

祥云县| 宜兰县| 丰原市| 青铜峡市| 夹江县| 崇文区| 新闻| 格尔木市| 定西市| 济源市| 嘉禾县| 怀宁县| 高陵县| 三亚市| 鹤岗市| 广安市| 固安县| 日照市| 交口县| 利津县| 天等县| 永善县| 墨玉县| 依安县| 大冶市| 龙门县| 海丰县| 东兰县| 平塘县| 修文县| 蕉岭县| 黄石市| 旌德县| 舒城县| 偏关县| 民勤县| 永福县| 象山县| 重庆市| 宿州市| 哈巴河县|