Heavy Industry & Manufacturing

Stora Enso's Closed Period Changed

HELSINKI, June 4 /Xinhua-PRNewswire/ -- Stora Enso has changed the duration of its closed period. From now on, the closed period will start immediately after a reporting period ends and last until the results are announced. Stora Enso will therefore not comment or meet capital market represent...

2007-06-04 15:20 787

Cindy Lu Appointed Chief Financial Officer of Fuwei Films

BEIJING, June 1 /Xinhua-PRNewswire-FirstCall/ -- Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL) announced that effective June 1, 2007 Ms. Cindy Lu has been promoted to Chief Financial Officer and appointed to the Board of Directors. Ms. Lu will be replacing Lin Tang who is leaving the Company...

2007-06-01 21:00 887

Xinhua Far East Changes the Rating Outlook of Chongqing Steel to Stable

HONG KONG, May 30 /Xinhua-PRNewswire/ -- Xinhua Far East China Ratings today changed the rating outlook for Chongqing Iron & Steel Co Ltd ("Chongqing Steel" or "the Company", SH A 601005, HK 1053) from negative to stable. Its domestic currency issuer credit rating remains unchanged at BBB. ...

2007-05-30 16:34 1038

Harbin Electric Commences Shipments of Customized Motors to North American Auto Supplier

HARBIN, China, May 30 /Xinhua-PRNewswire-FirstCall/ -- Harbin Electric, Inc. (Nasdaq: HRBN) a developer and manufacturer of customized linear motors and other special electric motors, today announced that subsequent to being selected as an approved supplier to a large diversified automotive OE...

2007-05-30 20:30 791

General Steel Holdings, Inc. Agrees to Acquire Remaining 30% Outstanding Shares of It's Subsidiary, Tianjin Daqiuzhuang Metal Sheet Co., Ltd.

Acquisition to be Accretive to Earnings BEIJING, China, May 24 /Xinhua-PRNewswire-FirstCall/ -- General Steel Holdings, Inc. ("General Steel", or "GSHO") (OTC Bulletin Board: GSHO), China's first US publicly traded steel manufacturer, filed on May 22 a current report on Form 8-K announcing ...

2007-05-24 21:00 750

Sutor Technology Group's New PPGI Utilizing Solar Energy Achieves Monthly Sales of 3,000 Metric Tons

CHANGSHU, China, May 23 /Xinhua-PRNewswire-FirstCall/ -- Sutor Technology Group Limited ("Sutor") (OTC Bulletin Board: SUOT), today announced that it has achieved monthly sales volume of 3,000 metric tons for it's new PPGI (also known as prepainted galvanized steel plate) utilizing solar energ...

2007-05-23 20:00 749

Sutor Technology Wins 10,000 Tons Galvanized Steel Supply Contract Through an Open Bidding

CHANGSHU, China, May 23 /Xinhua-PRNewswire-FirstCall/ -- Sutor Technology Group Limited ("Sutor") (OTC Bulletin Board: SUOT), a China-based manufacturer of steel finishing fabrication products, today announced that it entered into a 10,000 tons hot-dip galvanized steel supply contract with Anh...

2007-05-23 20:00 800

Sutor Technology Announces Revenues of $71.3 Million and Net Income of $4.4 Million For The Third Quarter of 2007

DONGBANG TOWN, China, May 22 /Xinhua-PRNewswire-FirstCall/ -– Sutor Technology Group Limited (OTC Bulletin Board: SUOT) (“Sutor”) today announced financial results for the third quarter of the Company’s 2007 fiscal year, ended March 31, 2007. Year to year comparison For the three m...

2007-05-22 20:00 885

China Agritech, Inc. Announces First Quarter 2007 Results

* Revenue increases 52% to $8.6 million * Net income increases 86% to $1.9 million BEIJING, China, May 18 /Xinhua-PRNewswire-FirstCall/ -- China Agritech, Inc. (OTC Bulletin Board: CAGC) ("China Agritech"), a leading manufacturer of liquid organic fertilizer in China, today annou...

2007-05-18 20:00 865

Leading Developer Selects Otis for Largest Mall in Bahrain

FARMINGTON, Conn., May 22 /Xinhua-PRNewswire/ -- Otis Elevator Company, a unit of United Technologies Corp. (NYSE: UTX), was selected to provide 113 elevators, escalators and moving walkways for Bahrain City Centre, the kingdom's first leisure and shopping destination and its largest mall. ...

2007-05-22 19:00 740

Harbin Electric to Present at Susquehanna Financial Group's Global Opportunities Conference

HARBIN, China, May 16 /Xinhua-PRNewswire/ -- Harbin Electric, Inc. (Nasdaq: HRBN), a developer and manufacturer of customized linear motors and other special electric motors, today announced that management will present at the Susquehanna Financial Group Global Opportunities Conference at the ...

2007-05-17 02:00 724

China Precision Steel Announces Third Quarter Fiscal 2007 Results

SHANGHAI, China, May 15 /Xinhua-PRNewswire/ -- China Precision Steel (Nasdaq: CPSL), a niche precision steel processing company principally engaged in producing and selling high precision cold-rolled steel products, announced today its third quarter results for the period ending March 31, 2007...

2007-05-15 18:33 663

China Precision Steel Announces Conference Call to Discuss Third Quarter 2007 Results

SHANGHAI, China, May 15 /Xinhua-PRNewswire-FirstCall/ -- China Precision Steel (Nasdaq: CPSL), a niche precision steel processing company principally engaged in producing and selling high precision cold-rolled steel products, today announced that it will conduct a conference call at 8:00 a.m. ...

2007-05-15 20:00 736

Diguang International Announces May 15 Conference Call and Webcast to Discuss First-Quarter Results

SHENZHEN, China, May 14 /Xinhua-PRNewswire-FirstCall/ -- Diguang International Development Co., Ltd. (OTC Bulletin Board: DGNG.OB) ("Diguang"), an emerging, China-based leader in the manufacture of CCFL and LED backlights for the LCD display industry, today announced that it will conduct a c...

2007-05-14 23:39 686

Fuwei Films Schedules Conference Call for Q1 2007 Financial Results

BEIJING, May 15 /Xinhua-PRNewswire-FirstCall/ -- Fuwei Films (Nasdaq: FFHL) today announced that it has scheduled a conference call for Tuesday, May 15, 2007, at 9:00am Eastern time to discuss its Q1 2007 financial results. Date: Tuesday, May 15, 2007 Time: 9:00 am Eastern To listen...

2007-05-15 01:06 802

China Fire & Security Group, Inc. Announces First Quarter 2007 Results

First Quarter and Recent Highlights: -- Revenue Increased 43% year over year to $9.5 million -- Income from Operations increased 55% to $3.3 million with Operating Margins improving 2.7% versus Last Year to 35% -- Proforma EPS Improves 33% to $0.12 -- Compa...

2007-05-14 21:01 810

Zhongpin Inc. Reports Record First Quarter 2007 Results

Revenues climb 83% year-over-year to a record $55.8 million CHANGGE CITY, China, May 10 /Xinhua-PRNewswire-FirstCall/ -- Zhongpin Inc. (OTC Bulletin Board: ZHNP), a leading meat and food processing company in the People's Republic of China ("PRC"), today reported financial results for the f...

2007-05-10 14:00 806

Kohler Co. Signs Agreement to Acquire Lombardini Engine Companies From Mark IV

KOHLER, Wis., May 9 /Xinhua-PRNewswire/ -- Kohler Co.'s Global Power Group, a global leader in engines and power generator systems, has entered into an agreement to purchase Lombardini Srl from Mark IV Luxembourg S.A.R.L., a subsidiary of Mark IV Industries, Inc. The acquisition agreement is ...

2007-05-09 22:00 878

Otis Elevators Chosen for First Residential Project in New Songdo City, World's Largest Private Real Estate Development

FARMINGTON, Conn., May 9 /PRNewswire/ -- Otis Elevator Company, a unit of United Technologies Corp. (NYSE: UTX), was awarded a nearly $8 million contract to supply and install elevators for the first residential development in New Songdo City, South Korea's new international city and the world...

2007-05-09 19:00 780

Caterpillar Announces Opening of Component Manufacturing Campus in Wuxi, China

Hydraulic hose assemblies, valves and cabs manufactured at Wuxi campus for Caterpillar machines BEIJING, May 9 /Xinhua-PRNewswire / -- As part of a long-term strategic plan to support manufacturing growth in China and at its operations around the world, executives with Caterpillar Inc. (N...

2007-05-09 12:00 1207