*** SEIZED CAR AUCTIONS ***

Find Out More About Who Invented The Car - Hondas, Mercedes & More
Find Your Dream Cars Up To 95% Off Retail Prices!
Drive Off A New Or Used Car For As Low As $200...
Search To Get Your Luxury Car Now!


Thursday, May 21, 2009

South Korean Trade Day will be held to grow the Chinese market

By Professional editor working for led automotive bulb.

April 27 According to Yonhap News reported on the 26th, the Korean state-owned import progress agency - Trade-Investment Promotion Agency said, the agency shall host the next Trade Day in order to aid local businesses in the huge Chinese market to expand sales.

The bureau said that on the 28th will be held in Seoul coordinated by the Department of Trade Festival, there will be 28 retail string of connections functioning in China enterprise to take part in large-scale wholesalers, the trade part that may help advance the localized enterprise market share in China.

The bureau said about 300 localized enterprises on how to elaborate future sales in the Chinese market and other matters Fair, held not less than 300 games.

Korea Trade-Investment Promotion Agency, an authorized said: "This trade presents an opening for carnival, localized enterprises may be adept to help them deal their goods to large wholesalers to enlist in direct talks." The authorized furthermore said that may be marked in agreement with collaboration affirmation, the part of this trade may help to boost the overseas sales of Korean enterprises.

It is reported that the South Korean federal has been bolstering businesses to import articles to China. China is South Korea's largest commodities abroad markets. Last year, Korea's foreign sales accounted for 21.9% of total sales, but the current commercial urgent location had aimed to a decline in sales to China.

Government policy-makers said that in order to bolster import articles, local businesses lack to reward more attention to the Chinese market, because the Chinese government's commercial stimulus plan would benefit the market. - 21396

About the Author:

China Telecom to invest 2 years in Shanghai, will convey almost 26 billion occupations

By Professional editor working for laser cutting machines.

China Telecom and the Shanghai municipal government yesterday noted a plan accord, China Telecom Shanghai as web makeup and enterprise development to support provincial purpose, two years speculated 26 billion yuan in Shanghai.

Under the accord, China Telecom will invest 13.0 billion for the makeup of knowledge infrastructure, and slowly manufacture Shanghai into an valued knowledge and making acquaintance hub in the Asia-Pacific. Focus on global submarine twisted line makeup, the makeup of high-grade and written knowledge center Disaster Recovery Center.

In augmentation, China Telecom would in addition like to manufacture a "city-optical networks", to enhance the scope for of broadband support; manufacture a "wireless city," covering the habitation to manufacture a wireless high-speed broadband network. China Telecom will in addition invest 800 million yuan makeup of extraordinary environs of knowledge infrastructure Expo.

China Telecom firm promise to full implementation of the Shanghai district in broadband pace, broadband Internet get access to in 2009 to accelerate the capability of 2Mbps, 2012 Fiber to the Home Basic has the proficiency to get access to built-up localities more than the bandwidth capability of 20Mbps.

Newly established in Shanghai, China Telecom and Global Video Operations Center and Customer Service Call Center of China Telecom in Shanghai, will convey almost 2 years in job opportunities.

Prior to this, the three operators with the Shanghai Economic Information of the Committee signed an agreement with a total investment this year will be nearly 170 million yuan in building communications infrastructure investment. - 21396

About the Author:

Six months time swapping procedure becomes abnormal triple "hats"

By Zou

Sanlian financial gathering (600,898) yesterday given over a forfeit of 94.32 million yuan of annual reports. Since 2007, following deficits in 2008, from today, the financial gathering will become a triple triple * ST. Annual descriptions, the financial gathering alleged to triple in the nonachievement of inside manipulate in 2008.

Six months is not regular enterprise hours

"Prior to the loss of an estimated amount not less, but did not expect so many." Yesterday, the vice president of the United States, company vice chairman of Sun Sanlian Yiding said. Notice, in the reporting period, the triple main income trading to achieve 1.455 billion yuan, 71.57 percent completed the program, year-on-year reduction of 243 million, a net loss of 94.32 million yuan.

For performance reasons for decline, triple company said, mainly lies in a long time did not establish an independent business systems, internal control failure. In addition, the former controlling shareholder, through the existence of a large number of related party transactions of listed companies acts damage the interests of the company accounts receivable, inventory and the book value of the real value of the existence of a higher degree of departure from the.

In April last year, the company as a result of a succession of triple the changes in ownership, suppliers hold wait-and-see attitude, delaying the signing of the annual strategic contracts, accounts receivable can not recover the rebate. Notice indicates that the procurement division Sanlian company, Jinan branch office appliance is basically the year 2008 did not enter into procurement contracts, while the other branch of the signing of procurement contracts in the ratio below 20%. At the same time, suppliers and resources to support the continued weakening, leading to company advertising expenses, leasing expenses increased year-on-year.

"Hole" may also

Reporter noted that yesterday's annual report has a "special note", said the audit found that during the reporting period a large number of book cost of pre-paid fees, and no invoices. Prior to 2008 involved the costs associated with that there were 656 million, of which 4.51 million yuan advertising, information bulletins, etc. Other costs 2.05 million yuan.

"This kind of 'hole' may be many." Yiding Sun said that with the deepening of the check, it is assessed that a comparable circumstances will be encountered. For trademark attribution, for instance the community of troubles left over by past files, he said that on the one hand, to resolve the obstacle step-by-step, on the other hand, to fortify the selling procedure of unconnected prospecting, and now all plays ought be to enhance the greatest objective of profit.

"Sanlian Group will face unjust competition"

Starting in 2008, the Group initiated the organization of the new triple triple, operating home appliances business. At present, the Joint Group of lifting and Weifang, Yantai, Zaozhuang three shop lease contracts, and plans to the site of a listed company to open a new triple chain stores.

Sanlian said business, Weifang, Yantai, Zaozhuang, Shandong and other shop has been functioning at its present position, has a good localized market share, if it is being held distinct stores or sites for redevelopment will be a business gigantic decrease of wealth. If the triple assembly of recorded businesses in situ to the unfastening of a new triple shops, recorded businesses will face unjust competition. - 21396

About the Author:

Three portable businesses offering struggle for the windup of eight briefings for 8.6 billion TD

By Zou cheaponsale

China wireless TD gear tendering in the three "51" will be resolute in the last time span, as asserted by telecom advisory body projected three-Advisory, TD 3 of the total worth of the tender in 86 billion yuan, there are eight manufacturers to take part in the competition.

It is comprehended that the amount of the procurement of about 3 39,000 wireless foundation places, wireless set of about 260,000 buff, is 1.6 times the amount of two. 3 in harmony with the earlier arranging of China Mobile, TD will cover 328 habitation through the nation to cover the end of this year 70% of the environs of the country.

The tender is split up into the mechanical benchmark and the benchmark two-stage business. Prior to the mechanical evaluation has been accomplished, some TD tallies of wireless gear manufacturers have little difference. And three-figure conferring grab is that the manufacturers of last year by only two tallies of the most of 12 points, still the case this year, somewhat inferior to foreign giants.

It was revealed that the absence of exceptional circumstances, the evaluation will be three business singing in public standard today. Manufacturers took part in the war ZTE, Huawei, Putian, nuoxi, Ericsson, Datang, war and the new post pass, which pass the new post is considered a dark horse coast. Members of the public, according to rumors, the price war is a smoke. Sources said that some manufacturers Zhengda current clients to send equipment to gain a good impression, even in a province of the value of sending hundreds of millions of dollars on equipment. Three-advisory said, Datang, ZTE, Huawei, Putian will occupy the four major markets.

Related News

For allocations in portable operators in Taiwan

3.6 billion bottom-line policy of heavy investment by China Mobile tests new acquisition target Taiwan. Last Friday, the company announced its 3.6 billion acquisition of 12% of Taiwan's Far EasTone shares. This is also the mainland telecom operators in Taiwan to reach the market first, of course, the final completion of the transaction can still relevant regulatory bodies nod, it will be a test of Taiwan's mainland investment policy from the bottom line.

China Mobile said in a public observe will be subscribed through a wholly belongs to subsidiary of more than 400 million portions stake in Far EasTone. Upon culmination of the subscription of portions, will contain a 12 per hundred stake in the latter. To this end China Mobile to pay about NT 17,773,600,000 yuan (about 3.6 billion yuan). A controller of China Mobile will be positioned in Far EasTone.

At the matching time, the two in addition noted a strategic support accord, the two boundaries will combined pay for, roaming services, written knowledge and value-added services and web and technical knowledge development to bear out all-round cooperation. Far EasTone in Taiwan's third-largest telecommunications operators, with Chunghwa Telecom and Taiwan Mobile as the "Telecommunications Mitsuo", as at the end of February this year, more than six million customers.

This is China's third portable telecommunications market has been shot outside. In October 2005, China Mobile has procured the Hong Kong dollar 3.384 billion Hong Kong China Resources Peoples, to take its first step exterior the M & A; in February 2007 and cost 470 million U.S. dollars into the Pakistani market. UBS commented that this current financial endeavour will help China Mobile to better perform the visit to Taiwan, the high-end customers. Professor of Beijing University of Posts and Telecommunications, said Zeng jian qiu, increase the extent down enterprise support between the two boundaries will help to undo the prevailing monetary predicament. - 21396

About the Author:

Is Anyone Out There the Next Dale Earnhardt?

By Jeremy Dunn

Everybody loves a hero. NASCAR racing fans wait forthe next Dale Earnhardt Sr. But he really was one of a kind. His death 8 years ago was a tragedy for his family and fans. Fans want another Dale Sr. But that is not gonna happen. There are a few drivers who have been compared with Dale Earnhardt Sr.. But who can measure up to the seven-time Winston Cup champion?

Dale Jr. Of course Naturally NASCAR racing fans will compare him with his father. They have the same name. They sound the same with that smooth southern accent. But it was fairly clear quite early on in his career that he is neither as reckless nor as aggressive as his father at his peak. Dale Jr. does not generally create trouble for his opponents on the track unless they dog him relentlessly.

Kevin Harvick moved into Earnhardt Sr.'s position with Richard Childress Racing. They changed the number to 29 and altered the colors of the famous number 3 car to mostly white. Harvick is both aggressive and controversial. Harvick is a businessman. He has his own identity. NASCAR racing fans notice. there Early in his career he showed a tendency to irritate his competition. Harvick owns 2 race teams, a Camping World Series Truck team and a Nationwide Series team.

Kurt Busch. Consider Kurt Busch. In the early 2000's he was the least popular driver in the garage and in the stands. Even though he has mellowed a bit, Kurt Busch is not very popular with NASCAR racing fans. Aside from the realization that Kurt could never win over the fans like Earnhardt, Harvick, and Stewart, his younger brother Kyle often overshadows him.

Think about Kurt Busch. Busch was not popular at all in the garage and in the stands in the early 2000's. Even though he has mellowed a bit, he is not really in tune with the NASCAR racing fans. Aside from the reality that Kurt could never win over the fans like Earnhardt, Harvick, and Stewart, he is often overshadowed by Kyle Busch, his younger brother. Kyle Busch. Though Kyle Busch has some qualities that call to mind Earnhardt Sr., he is in no way the Intimidator. Busch really caught on fire with action in 2008. His aggressive driving and frequent wins and reckless personality stirred some comparisons to the late Dale Earnhardt.

Tony Stewart. Tony Stewart's temper and disregard for the media goes to the edge. Sometimes he is more tactless than Earnhardt. Stewart is aggressive. He never hesitates to take his complaints public. In addition, Tony Stewart is an entrepreneur. He runs his own race track in Eldora. Stewart owns several race teams in Sprint and the World of Outlaws. Recently He became owner-driver of Stewart Haas Racing, he captured a lot of attention and a raised a lot of skepticism and even a little hope.

Nonetheless, at the end of the day you look again and not one of these drivers will ever be the grand Intimidator, Dale Earnhardt. Just one driver is starting to faintly remind me of Earnhardt . Tony Stewart. He stepped out of the mold of driver into one as successful owner in the Sprint Cup Series with a an also ran team. He has two championships already and is doing well this season. Keep your eye on him. - 21396

About the Author: