SAIC to list all its operating assets except two real-estate-related units-Shanghai,-English

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SAIC to list all its operating assets except two real-estate-related units

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http://english.dbw.cn　　 2011-04-07 09:07:54

A delivery man stands outside the headquarters of Shanghai Automobile Industry Corporation (SAIC) in Shanghai, east China, April 6, 2011. SAIC announced on Wednesday that it will list all its operating assets except two real-estate-related units to enhance its core competitiveness. According to the listing plan, SAIC is set to sell 28.6 billion yuan (some 4.36 billion U.S. dollar) worth of assets to SAIC Motor, one of its listed subsidiaries. (Xinhua/Niu Yixin)

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Author：　　　Source： xinhua 　　　 Editor： Yang Fan

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