CITIC Guoan casts stakes on Qinghai salt lake.(COMPANY FOCUS)(China International Trust and Investment Corporation)

China Chemical Reporter | June 16, 2006| | Copyright

"Funds that are raised from non-public A-shares will be used in the project for the comprehensive utilization of Guoan salt lake resources in Qinghai province, operated by Qinghai CITIC Guoan Sci-Tech Development Co., Ltd. (Qinghai Guoan)" said an executive from CITIC Guoan Information Industry Company Ltd. (SZ: 000839) which owns 51% equity of Qinghai Guoan.

"The project will become an important item in the future development of the company. With the gradual progress of the project, the revenue scale, the profit-making level and the net cash flow of the company ...

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