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DPFD Deep Field Technologies Inc (CE)

0.000001
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Deep Field Technologies Inc (CE) USOTC:DPFD OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 600 01:00:00

AutoMart-China Builds Government Business by Winning Right to Service Vehicles Owned by Chinese Communist Party Central Committe

10/04/2007 4:26pm

Business Wire


Deep Field Technologies (CE) (USOTC:DPFD)
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AutoMart-China (www.AutoMart-China.com), already the largest independent auto aftermarket company in Beijing and a 95% owned subsidiary of Deep Field Technologies, Inc. (OTC BB: DPFD), said today that it has continued to build its government-related business by winning the right to service and provide insurance evaluation for vehicles belonging to the Chinese Communist Party Central Committee and the National’s People’s Congress. AutoMart-China Chairman and CEO Guisan Pang said the winning bid lets AutoMart provide a wide range of maintenance and repair services, including damage evaluation and coverage decisions for insurance purposes, for cars owned by departments directly under the Chinese Communist Party Central Committee and the National People’s Congress. “These are the highest authorities in China,” Mr. Pang said, “and winning this bid gives us important new business and further enhances our already strong image in Beijing and throughout China.” He said that more than 80 departments, offices and bureaus are covered in the agreement, with the departments owning over 15,000 vehicles, including high-end brand name cars such as Mercedes-Benz®, Audi®. AutoMart-China previously signed an agreement to service vehicles belonging to 76 government agencies and ministries in China (the Ministry of Commerce of the People's Republic of China (PRC), State Environmental Protection Administration, Ministry of Science and Technology of the PRC, Hong Kong and Macao Affairs Office of the State Council, and the State Ethnic Affairs Commission of the PRC). AutoMart has also established insurance damage/repair evaluation centers co-located at its facilities by seven insurance companies (Zhong Hua United Property Insurance Company, Pacific Insurance Company, An Bang Property Insurance Company, Sunshine Property Insurance Company, China People's Property Insurance Company, Hua An Property Insurance Company, and Tian An Property Insurance Company). About AutoMart China AutoMart-China (Beijing Sino-US Jinche Yingang Auto Technological Services Ltd., www.AutoMart-China.com) is the largest independent auto aftermarket company in Beijing, and recently entered a share exchange agreement to become 95% owned by Deep Field Technologies, Inc. (OTC BB: DPFD). AutoMart is a full-service automotive repair and maintenance company operating throughout Beijing. With more than 450 employees, a typical AutoMart facility is substantially larger than most other automotive repair facilities, with its largest being nearly 100,000-square feet. Along with its focus on repair and maintenance, AutoMart owns and operates automotive insurance agencies co-located within each of its repair facilities. This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.

1 Year Deep Field Technologies (CE) Chart

1 Year Deep Field Technologies (CE) Chart

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1 Month Deep Field Technologies (CE) Chart

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