American Lorain Corporation (ALN)

[hebercreeper]

Shandong Economic Development Investment is 20% owner of Shandong Lorain. American Lorain holds other 80%.

They are basically a provincial PE firm in Shandong province best known for their largest position Shandong Airlines.

"Shandong Airlines Group Co. Ltd. has always had an outstanding reputation in the Shandong Area, and is a limited-liability air transportation corporation first formed in conjunction by ten large stakeholders, including Air China International, Shandong Economic Development Investment Co."

"Shandong Airlines, a subsidiary of Shandong Airlines Group, is the core concentration. It is listed on the B index of the Shenzhen Stock Exchange"

http://www.cctsbeijing.com/china-flights/airlines/shandong-airlines.html