综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

Sichuan mining firm flies off with 75 percent aviation stake

By Wang Wen in Beijing and Li Yu in Chengdu | China Daily | Updated: 2013-02-20 07:48

Leshan Heima Mining Co, a privately owned mining company in Leshan city, Sichuan province, has spent 15 million euros ($20 million) on a 75 percent stake in Lisa Airplanes, a French aircraft builder.

"The acquisition was achieved in early February and the company plans to move the production lines to China in two or three years, if the general aviation industry develops well in China," said Deng Gang, head of the foreign economic cooperation division of the Leshan commerce bureau.

Leshan Heima Mining Co, which operates in the phosphate rock-trading business, declined to comment, as it wants to keep a low profile on the acquisition, Deng said.

Leshan Heima made the acquisition through its subsidiary in France.

"The company used self-raised funds to pay for the acquisition," Deng said, although its registered capital is only 530,000 yuan ($84,850).

Observers said the small amount of registered capital will not block the acquisition, as the firm's total assets are more important for an acquisition.

But the limited amount of registered capital means the company has low-risk resistance capacity, which may have an adverse effect on its overseas purchases, said Wang Zhile, president of the Beijing New Century Academy on Transnational Corporations.

Lisa Airplanes was established in 2004 and focuses on light-sports aircraft manufacture. It entered court-supervised receivership on July 30 after its investors failed to fulfill a financing commitment, the company said in August.

Leshan Heima will help the aircraft manufacturer build one or two production lines in France, said Deng.

Chinese private capital has been drawn to the general aviation industry in recent years, with the central government setting a development target for the industry in 2012.

Annual flight hours by the general aviation sector are set to rise from 502,700 hours in 2011 to 2 million hours by 2020.

The easing of regulations on low-altitude air space is expected to start by 2015 and be completed by 2020.

Gao Yuanyang, director of the general aviation industry research center at Beihang University, hailed the acquisition "good news" for the growth of China's general aviation business, with some private enterprises actively seeking advantageous positions in the market.

Contact the writers at wangwen@chinadaily.com.cn and liyu@chinadaily.com.cn

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
伊宁县| 田东县| 夏邑县| 阳新县| 吴忠市| 阜南县| 邵阳县| 涟源市| 泰来县| 门源| 汽车| 禄劝| 南投市| 周至县| 嵩明县| 云林县| 中牟县| 喀喇| 根河市| 东港市| 泌阳县| 祁东县| 洛阳市| 临清市| 正宁县| 顺义区| 尉犁县| 隆德县| 日土县| 胶州市| 苏尼特左旗| 松阳县| 南郑县| 四平市| 独山县| 福海县| 理塘县| 龙门县| 宁阳县| 秦皇岛市| 无为县|