MOTOROLA TO OPEN FINANCE COMPANY IN TIANJIN
AsiaInfo Services, November, 2006
AsiaInfo Services 11-15-2006 Motorola to Open Finance Company in Tianjin TIANJIN, Nov 15, 2006 (SinoCast via COMTEX) -- Motorola (China) Investment Co., Ltd, is said to have been approved by the Tianjin branch of China Banking Regulatory Commission (CBRC) to register CNY 100 million in founding the wholly owned Motorola (China) Finance Co., Ltd.
in Binhai in Tianjin, one of China's municipalities. The finance company will be situated in the Motorola (China) Electronics Ltd., will provide services of financial management and raising capital for the inter sectors of Motorola (China). According to one insider from the Tianjin branch of CBRC, the finance company's construction is now being prepared, including the regulations and system. The company will be opened...
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