Thursday, April 15, 2010 6:09:09 PM
It lists the chinese companies looking for a merger. Well, the third one Jiangxi Yizhou Electronics Co., Ltd. looks to fit the uwrl+usa company the best. If you look at their description, they are interested in environmental protection, pollution-free and it reminds me of the usa company which wants the same. Just a coincidence??? I believe they merged uwrl with the usa company to match the interests of the chinese company better. Bottom line, i believe this is the chinese company which will merge with uwrl. And it gets even beter: 2008 Main business income of 120 million yuan which means 18 million dollars and they target a main business income of up to 4 billion yuan. If I am right, 10 cents for uwrl will look very cheap in few weeks.
see the chinese company description below:
Jiangxi Yizhou Electronics Co., Ltd.
Jiangxi Yizhou Electronics Co., Ltd. Ningbo, founded in June 2006, in October 2006 to
start the construction, the project of investment in fixed assets 120 million yuan, covers
an area of 206.2 mu, of which the factory covers an area of area of 150 acres, have been
completed and eight standardized production workshop, office building and ancillary
buildings; living area of 56.2 acres, with residential buildings, golf course, Bing-bing ball
room, staff rooms and recreational activities such as reading books, has been completed
in use. Completed in May 2007 part of production, by the end of August 2007 completed.
Is a "comprehensive wiring, new materials, intelligent buildings, wire and cable,
communications cable," for the main business of high-tech enterprises, which represented
a SCART cable computer products account for more than a tenth of world output , is the
world's largest manufacturers SCART cable; the majority of exports in Europe and the
United States, annual production value of about 300 million yuan. Enterprises, there are
three main characteristics: First, environmental protection, pollution-free; Second, laborintensive,
may arrange for the employment of 4,000; Third, high-value, high profits and taxes. 2008 Main business income of 120 million yuan, profits and taxes 17 million yuan,production targets year after the main business income of up to 4 billion yuan, 50 million
yuan in profits and taxes.
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