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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| China Evergrande Group (CE) | USOTC:EGRNF | 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% | 0.0101 | 0.00 | 00:00:00 |
From Feb 2020 to Feb 2025
By Joanne Chiu
Great Wall Motor Co. (2333.HK) said Wednesday it plans to invest 3.33 billion yuan ($523 million) to set up a production facility in Russia as the Chinese car maker looks to boost sales overseas.
Great Wall Motor said it has set up a wholly-owned unit Haval Motor Manufacturing Rus Ltd. in Russia's industrial city of Tula. In May, it signed an agreement with the local Russian government and Tula Oblast Public-Private Partnership Development Group on the proposed investment.
Haval Motor will be responsible for the manufacturing and sale of cars and car parts with an annual production capacity of 150,000 cars, it said.
Write to Joanne Chiu at joanne.chiu@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
September 16, 2015 05:39 ET (09:39 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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