"July 20, 2009 (GLOBE NEWSWIRE) -- AQUAGOLD INTERNATIONAL (Pink Sheets:AQUI) announces the signing of a new sales contract for CAD$197.5 million with the Shanghai Wolong International Business Co., Ltd., an affiliate of the Wolong Holding Group, to be a distributor of AQUAGOLD products in China, Hong Kong, Macao and Taiwan."
About Wolong Holding Group Co.,Ltd.
Founded in 1984 and with more than 20 years of growth, Wolong Holding Group Co., Ltd. now owns two listed companies (Wolong Electric 600580, and Wolong Real-estate 600173), 29 subsidiary companies, over 6,000 employees and total assets of over RMB6.5 billion. The Group's business spans manufacturing, real-estate and financial investment sectors. Wolong Electric manufactures over 3,000 products in 40 product categories, including industrial motors, micro motors, home appliance motors, power supply batteries, electric bicycles, special haulage transformers and electric equipment. Its products account for about 20 percent of the domestic market and have been awarded Famous Chinese Products and is exempted from product examination by the government. Wolong, the trademark, was recognized as one of the famous trademarks in China. The company has been ranked first in the electronic engine industry for several successive years.
Market Data 
Markets 
AI
