Article: GANSU YASHENG TO ADD INVESTMENTS IN POTATO SUBSIDIARY


AsiaInfo Services
09-24-2008
Gansu Yasheng to Add Investments in Potato Subsidiary

LANZHOU, Sep 24, 2008 (SinoCast via COMTEX) -- Gansu Yasheng Industrial (Group) Co., Ltd. (SHSE: 600108), together with an agricultural high-tech industry demonstration base office affiliated to the Gansu agro and stock breeding bureau, is to add investments in its controlling subsidiary Gansu Yasheng Tianrun Potato Industrial Co., Ltd.

The potato processor's registered capital will increase to CNY 50 million after the injection, and the Shanghai-listed company will invest CNY 25.6274 million more in the subsidiary in cash, with its total investments taking 68.26% of the enlarged registered capital.

The office ...

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