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C
& U Group Gained 400 Million Trust Funds
(09/11/2002)
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On Sept.
4, 2002, C & U Group gained 400 million RMB trust funds
from Zhejiang Branch of China Construction Bank, of which, 160
million Yuan is trust loan, 40 million Yuan is the overdraft
account of corporation.
C & U Group was founded in 1991. So far, it has got 1.2
billion RMB funds. And the payment of interest is totally over
100 million Yuan.
After careful inspection, China Construction Bank and its Zhejiang
branch decided offering funds support for C & U Group in
order to help the group make further development.
The period of "The 10th Five Year Plan" is the key
five years for C & U Group's development. During this time,
C & U will establish the C & U Industrial Zone, covering
3,000 ares, also, raising the sales to over 3 billion Yuan and
over 5 billion Yuan in trade business.
(Adopted From C & U Group) |
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BRIEF
INTRODUCTION
Cnbearing
is the No.1 bearing inquiry system and information service in China,
dedicated to helping all bearing users and sellers throughout the
world.
Cnbearing is supported by China National Bearing Industry Association,
whose operation online is charged by China Bearing Unisun Tech.
Co., Ltd.
China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000,
over 3,000 companies have been registered and enjoyed the company'
s complete skillful service, which ranking many aspects in bearing
industry at home and abroad with the most authority practical devices
in China.
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