CHINA NEWS
- From: Vol 5, Issue 11 (November 2004)
- Category: Need to know
- Region: Asia
- Country: China
- Related Companies: Anhui Guozhen and Sichuan Zhongkecheng Environment
Shanghai’s largest water treatment plant is changing hands.
Shanghai Young Sun Investment Co is buying 85% of the development company that owns the water treatment plant from two of its shareholders, the Youlian Enterprise Development Company (45%) and Huajin Information Industry Investment Company (40%). Youlian, a diverse business group with strong connections with the municipality of Shanghai, led the consortium which acquired the treatment plant for $105 million ...
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