A few days ago, Xu LianKuan, the president
of Zhongda Group signed the coorperation agreement with Wei Guangyong,
the president of Sichuan Bus Manufacture Co., Ltd , both sides
agree to built Sichuan Zhongda Emei Bus Manufacture Co., Ltd on
the basis of original Sichuan Bus Manufacture Co., Ltd. The new
company has independent legal qualification, Zhongda Group holds
70.19% share , and Sichuan Bus Manufacture Co., Ltd. holds 29.81%
. The cooperate company wil focus on Chinese Sothwest market.

Sichuan Bus Manufacture has 30 years of product history, its "Emei"
brand has high reputation in Chinese Southwest market, and the annual
capacity up to 3000 units, the product covering several series,
including 6-12 meters of city bus and coach. This combition indicate
Zhongda Group succeeds in realizing the strategy on Southwest market.
The president Xu Liankuan and the vice-president Zhang YuQing
of Zhongda Group have attended the signing ceremony.
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