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Drexion2004

01/10/11 8:17 AM

#67107 RE: pmony5 #67101

CCCL: Wow, am I reading this right? Looks pretty huge to me. The OMFG part is the "security deposit of RMB400,000 with China Ceramics" part. Thats a heck of a lot of money they can use for working capital and for further factory upgrades, treating it as a short term 0% "loan" since the contracts are yearly.

-Fernando