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Xiamen C&D Inc. (www.chinacnd.com,
Stock Code: 600153) is a modern service-oriented enterprise.
The operation of supply chains constitutes the core
of the company's business. Specifically, the main areas
that the company does business in include supply chain
operation, real estate development & property lease
and industry investment. By the end of September 2007,
the total amount invested by the company in assets stood
at RMB 16 billion Yuan, with net assets standing at
RMB 4.5 billion Yuan.
C&D Inc. has been named as an "AAA Credit-standing
Enterprise", and has ranked among China's Top 100
listed companies for successive years. In addition to
this, the company's stocks have also been selected as
sample stocks of the Shanghai & Shenzhen 300 Index,
SSE 180 Index and SSE Dividend Index Sample stocks.
Today, the two parties have established a 50/50 joint
venture entity, Baao (Tianjin) Mining Co., Ltd, located
in Tianjin, China. The core business of the new company
is focusing on importing base metal commodities and
supply to the existing distribution channel of both
companies.
Links:
www.chinacnd.com
www.baaomining.cn
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