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China Linen Textile Industry, Ltd. (http://www.chinalinentextile.com/) is principally engaged in the production and sale of linen yarn and various types of linen fabric. The Company is also involved in consultation and R&D related to linen technology and linen products. The Company carries on all of its business activities through its subsidiary, Heilongjiang Lanxi Sunrise Linen Textile Industry Co., Ltd. ("Lanxi Sunrise"), established in June 2002 and located in Lanxi County, the "Homeland of Flax in China," near Harbin City in China. Lanxi Sunrise has one yarn-spinning factory, one bleaching factory and two fabric weaving factories in its 35,120 square meters of building area with a staff of 1,400 and 430 sets of world-class, advanced production machinery. Annual production capacity totals approximately 2,220 tons with 50 different types of yarn and 10 million meters of fabric with 110 types. Approximately 50 percent of its products are exported to more than 10 countries.

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ScottM 08-Mar-2011 08:20 PM
Post Type: Public Public
Yasheng Group (YHGG) Listed on Deutsche Borse REDWOOD CITY, CA--(Marketwire - (#5916) In Response to original message: #5894 posted by whitetiger on 18-Feb-2011 06:47 PM

Yasheng Group (YHGG) Listed on Deutsche Borse

REDWOOD CITY, CA--(Marketwire - March 8, 2011) - Yasheng Group (OTCQB: YHGG) (FRANKFURT: YSF), a high-growth diversified China-based agricultural conglomerate with US headquarters in California, today announced the company's listing on Deutsche Börse under the symbol "YSF." As one of the world's leading exchange organizations, Deutsche Börse Group has recently announced its merger with the NYSE in a deal that will create the world's largest exchange for stocks and derivatives.

Chairman Zhou Changsheng said, "Yasheng Group has been seeking opportunities to expand its business at both domestic and international levels. The board of the company has included European expansion into the global strategic plan for 2011. Being dually listed, on the Deutsche Börse exchange, as well as here in the US, will help build greater international awareness for our company while still keeping a focus on the US market." 

 

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