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Wuliangye planed to buy glass bottle plants

Post Time:Aug 04,2008Classify:Company NewsView:371

According to Wuliangye, the company is planning to buy 100% of Sichuang Huanqiu Shenzhou Glass Co., Ltd (Shenzhou Glass) and Sichuang Huanqiu Glass Manufacture Co., Ltd. (Glass for short) from Huanqiu Group in cash. Shenzhou Glass mainly develops and produces high-grade art glass bottles, packaging bottles and high-grade cartons, and Glass is in charge of producing wine bottles for Wuliangye. During the first half of the year, the company possesses net assets 65,246,200 yuan and net profit 29,852,100 yuan.

Source: GlassInChinaAuthor: admin

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