GUIZHOU AVIATION TAKES HELM OF GUIZHOU SPACE APPLIANCE

AsiaInfo Services | August 26, 2009 | Copyright

AsiaInfo Services
08-26-2009
Guizhou Aviation Takes Helm of Guizhou Space Appliance

GUIYANG, Aug 26, 2009 (SinoCast Daily Business Beat via COMTEX) -- Guizhou Aviation Industry Corporation will take over the stakes in Guizhou Space Appliance Co., Ltd. (SZSE: 002025) held by Guizhou Zhaohui Appliance Co., Ltd. and Guizhou Zhaoyang Appliance Co., Ltd.

Zhaohui Appliance and Zhaoyang Appliance are currently the first and the second largest shareholders of Space Appliance, respectively taking a 20.12% and 13.84% stake in the latter, representing 66.39 million and 45.66 million shares.

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