LITTLE SWAN, SIEMENS SIGN JOINT INVESTMENT CONTRACT
AsiaInfo Services, September, 1996
AsiaInfo Services 09-13-1996 Little Swan, Siemens Sign Joint Investment Contract WUXI, September 13, AsiaInfo Services, Inc -- Wuxi Little Swan Co Ltd of Jiangsu province and Siemens Household Electric Appliance Group Germany co-invested over US$ 29 million for establishing Buoxiwi Household Electric Appliance Company.
The company will produce 500 thousand sets of cylinder washing machines annually since October. Recently the above-mentioned two companies signed another co-investment contract of manufacturing kitchen. ---- Copyright 1996 by AsiaInfo Services ---- Copyright 1996 AsiaInfo Services (via Comtex). All rights reserved
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