China Trip Yields Contracts in China.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--Feb. 9, 2000 Golden Fortune Investments Limited (a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. on the Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) : CDNX CDNX See Canadian Venture Exchange (CDNX). :GFX GFX Graphic Effect(s) GFX Global Effects GFX Government Furnished Equipment GFX Graphics Driver GFX Graphics Link File GFX Geforce Fx GFX Graphic Effects ) is pleased to announce that James Tong's recent trip to China has successfully culminated in an agreement in principle between its wholly own subsidiary G F Technology Development Inc. (GF), its joint venture partner, Laikeman Trading Enterprise (LT) and Nanjing Zhonngbei (group) Co., Ltd. of China (NZ). Environmental Project Nanjing Zhonngbei (Group) Co., Ltd. is a public company listed on the Shenzhen Stock Exchange Shenzhen Stock Exchange One of two major securities markets in China. of China under representative number of 0421. NZ is a conglomerate company with a number of business interests. NZ has assets in excess of $72.5 Million USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. and showed profits of approx. $9 Million USD with recorded revenues of over $23 Million USD in 1998. One of their major holdings is in bus and auto leasing businesses. They have one of the largest fleet of buses in China and are also the authorized service and maintenance company for Volvo Bus Corporation in China. Laikeman is a state owned company under the direction of the Ministry of Trade with a mandate to import and adopt foreign technologies into the Chinese marketplace. Laikeman is also registered with the China New High Technology Development Zone and has Government licensing to deal with a variety of technology products and services. GF will install several DeSmog units on Zhonngbei's buses to demonstrate the pollution reduction and fuel savings. This installation will take place in Nanjing city during early March. Positive results during this testing period will lead towards expansion of NZ's involvement in the production and distribution of the DeSmog unit in China. It is expected that a successful test will also result in the product's acceptance by the Chinese government Ever since Republic of China founded in January 1st, 1912, China has had several regional and national governments. List
GF and Laikeman are also in talks with other Chinese companies Chinese owned companies can be defined as enterprises within mainland China, Hong Kong, Macau and the Republic of China (Taiwan):
Wireless Internet Project Golden Fortune is also pleased to announce that ChinaTech Trading, the company that has optioned the Wireless project, attended China under James Tong's accompaniment and inspected the contracts, joint venture partners, manufacture facilities and proposed installation site for Project Gateway. ChinaTech has informed Golden Fortune that it will proceed with the project and is currently arranging the final details for the financing package. Golden Fortune Investments Limited (GFX) is a diversified company diversified company A company engaged in varied business operations not directly related to one another. A diversified company is less likely to suffer either a collapse or a spectacular gain in earnings compared with a firm concentrating its operations in a with interests in technology licensing agreements, and other investment holdings including mining. The company's primary objective is to create business opportunities in China. The Canadian Venture Exchange has neither approved nor disapproved of the contents of this news release. |
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