US­ING HER NOO­DLES

China Daily (Hong Kong) - - BUSINESS DIGEST - DUAN CHANGZHENG

com­ple­tion of the in­ves­ti­ga­tion. PHOTO BY / FOR CHINA DAILY A woman dries rice noo­dles at home in Guan­qian town, Changt­ing county, Fu­jian prov­ince, on Sun­day. The rice noo­dles from Guan­qian sell na­tion­wide, be­cause they are made us­ing clear moun­tain spring wa­ter in a tra­di­tional process of more than 100 years old. Sell­ing rice noo­dles pro­vides the main source of cash in­come for peo­ple in the area. yuan per share was pro­posed. Rev­enue from en­gi­neer­ing, con­sult­ing and li­cens­ing op­er­a­tions surged 34.9 per­cent year-onyear. The ma­jor­ity of rev­enue, more than 80 per­cent, came from projects on the Chi­nese main­land with the re­main­der from projects in Kaza­khstan, Saudi Ara­bia and Sin­ga­pore. an in­vest­ment agree­ment with Oriza Hold­ings, China Mer­chants Group and CITIC Cap­i­tal, NetEase.com re­ported on Tues­day. The three will jointly ac­quire less than 25 per­cent of S. F. Ex­press for an undis­closed sum. The trans­ac­tion marks the first time S. F. has at­tracted out­side in­vest­ment. Wang Lishun, vice-pres­i­dent of S. F. Ex­press, told the Chi­nese news por­tal that the in­vest­ment will strengthen Shun Feng’s in­for­ma­tion sys­tems and avi­a­tion hubs.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.