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Article: LIYUAN HYDRAULIC CHANGES BUSINESS ORIENTATION

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AsiaInfo Services
Article date:
May 22, 2009
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AsiaInfo Services
05-22-2009
Liyuan Hydraulic Changes Business Orientation

GUIYANG, May 22, 2009 (SinoCast Daily Business Beat via COMTEX) -- Guizhou Liyuan Hydraulic Co., Ltd. (SHSE: 600765) has changed its company name to AVIC Heavy Machinery Co., Ltd., according to a provisional shareholder meeting held on May 21, 2009.

The name change signals that Liyuan Hydraulic has completed its business integration. The company also greatly changed its board of directors, building a completely new human resource platform for its future development.

In 2007, Liyuan Hydraulic got lucrative businesses of gas turbine, aviation forged piece, heat sink, and hydraulic parts from China Aviation Industry ...

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