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CITIBANK AND YUAN HENGLI EXHIBITING CLASSICAL FURNITURE

AsiaInfo Services, January, 2006

AsiaInfo Services 01-03-2006 Citibank and Yuan Hengli Exhibiting Classical Furniture SHANGHAI, Jan 03, 2006 (SinoCast via COMTEX) -- Citibank joined hands with Beijing Yuan Hengli Classical Hardwood Furniture Co., Ltd. to hold an appreciation activity on classical furniture artwork aiming at VIP clients in Shanghai recently. China Construction Bank also reached an agreement with Beijing Yuan Hengli on providing loans for customers purchasing redwood furniture. There were over 30 items on display, including round-backed armchair and arhat bed.

The price of a pair of rose-wood throne reaches CNY 330,000, and the price of an arhat bed surpasses CNY 1.58 million. The financial institutions from both home and overseas start to collect redwood furniture, signing...

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