Article: CHINA CIFCO INVESTMENT VOWS TO BOOST CORE BUSINESS


AsiaInfo Services
06-18-2009
China CIFCO Investment Vows to Boost Core Business

BEIJING, Jun 18, 2009 (SinoCast Daily Business Beat via COMTEX) -- China CIFCO Investment Co., Ltd. (000996.SZ) has made announcements about the shareholding reduction by the second and third biggest shareholders.

Pursuant to the announcement dated June 13, 2009, Guangzhou Junyi Investment Company now takes no shares in China CIFCO Investment. Pursuant to the announcement dated June 10, 2009, Harbin Jiali Technology Development Company currently holds 30.33 million shares or a 13.2% stake in China CIFCO Investment.

Last year, Beijing-based China CIFCO Investment achieved operating revenues of CNY 109 million, ...

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