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Weichai Power Company Limited

HKG:2338 ISIN:CNE1000004L9

Weichai Power Company Limited is engaged in the manufacturing and selling of diesel engines, related parts, automobiles and other automobile components, minor automobile components and import and export services. The divisions of the Company are manufacturing and sales of diesel engines and related parts (diesel engines), manufacturing and sale of automobiles and major automobile components other than diesel engines (automobiles and other major automobile components), manufacturing and sale of non-major automobile components (non-major automobile components), and provision of import and export services (Import and export services). The product lines of the Company are selling of diesel engines, heavy-duty trucks, heavy-duty gear box, and engine and heavy-duty truck parts.



Asian Activities Report for January 11, 2012: Weichai Power (HKG:2338) Acquires 75% Controlling Interest in Italian Luxury Yacht Maker Ferretti Group

🕔1/11/2012 1:00:45 PM 14949

Asian Activities Report for January 11, 2012 includes: Weichai Power (HKG:2338) (SHE:000338) has agreed to invest 374 million euros to acquire a controlling 75% interest in the world's largest luxury yacht manufacturer, Ferretti Group of Italy; Prada S.p.A. (HKG:1913) says that it will invest 40 million euros to sponsor the Luna Rossa yacht to participate in the XXXIV edition of the America's Cup sailing competition; Inpex Corporation (TYO:1605) has signed agreements to sell liquefied natural gas from its Ichthys LNG joint venture project; Panasonic Corporation (TYO:6752) (NYSE:PC) has successfully developed a 20-inch 4K2K IPS Alpha LCD panel; Nidec Corporation (TYO:6594) (NYSE:NJ) has established a new subsidiary named Nidec Management Shanghai Corporation in Shanghai, China.

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Off-Highway Vehicle Seminar 2011 To Be Held In June In Shanghai

🕔5/5/2011 4:47:15 PM 6108

Organized by Duxes Business Consulting Inc., and hosted by leaders of the Chinese government and top executives of international businesses, the China Off-Highway Vehicle Seminar 2011 will be held on the June 3rd, 2011 at the Shanghai Galaxy Hotel, Shanghai, China.

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Asian Markets Overview of February 23

🕔2/23/2009 3:00:17 PM 12777

Asian markets ended sharply lower Friday, weighed down by the weakness in the US and European markets. Japan's Nikkei Stock Average fell 1.9% as investors were still not comfortable with the recent falls of Japanese yen, but the slumping Korean won hurt shares in Seoul with the Kospi plummeted 3.7%. Shanghai and Hong Kong stocks gained about 1.5%. Today the Chinese shares opened slightly weaker while the Hong Kong shares were up 1.8 percent.

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