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Ding's company took in more than 10 million yuan (.6 million) in revenue annually since it was established in 2004. While guaranteeing solid profits, the business also threatened the environment.
Dickie Wong, executive director of research at Kingston Financial Group, said the acquisition is a good result for both the companies and the shipping industry, and believes the integration of the two companies will stimulate the group's profitability, though he thinks it may take time for the two companies to develop synergies.
Dias said it is not disingenuous to blame shipping costs on the increase since that is valid, but it’s also not the whole story.
Domestic NEV players including the Beijing Electric Vehicle Co, the electric car-making arm of Beijing Automotive Group Co Ltd and Great Wall Motor Co Ltd will take part in the promotional activities with several car models, according to the notice.
Disposing with the formality usually seen during state visits, the two leaders spent more than seven hours in two days, discussing issues of importance and charting the course for one of the world's most crucial bilateral ties.
来源：资阳报