Taipei, March 10, 2011 (CENS)--China Resources (Holdings) Co., Ltd. (CRC), one of the leading conglomerates in Hong Kong and the Mainland China, is expected to sign a cooperation agreement with a medical partner in Taiwan to jointly develop high-level Medical Radiation Technology (MRT) business.
CRC plans to invest about US$40 million in the venture and set up a R&D center in Taiwan.
CRC chairman Song Lin said that the cooperation project is expected to be finalized in March. As a leader in retail sales in China, CRC is also considering establishing a procurement center in Taiwan to directly purchase and deliver agricultural, processed agricultural, and other consumer products from Taiwan to its sales channels in China. CRC is expected to be the third Chinese enterprise expressing willingness to set up a procurement center in Taiwan.
According to Song, Taiwan's agricultural products have been quite famous in China and his group wants to directly import the products from the island for sales in mainland China.
CRC's business scopes cover retail, power, breweries, real estate, food, medicine, textiles, chemical products, gas, compressor etc., and as of September 2009, the conglomerate had invested 400 billion renminbi (RMB, or Chinese yuan) in China. In 2010, CRC was the largest retailer in China with revenue hitting 70 billion RMBs.
Electrical terminal, wiring and connector maker K.S. Terminals Inc. expects order visibility to reach Q2, amid strong growth in the EV market as reported at its earnings call last week. The company is looking at two-digit growth for this year's goal, eying significant demand from green energy selections and automotive terminals and charging guns for electric vehicles, notably the latter. In the...
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If there's a keyword that can be used to summarize the past two years, it would be “digitalization.” Across different industries, companies and suppliers are seeking ways to tap into the post-COVID market, and the furniture sector is no different. Here are two trends we've identified that would and continue to shape the market in the coming year and more. Going Digital While the typical con...
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Founded in 1981, Steel Mark is specialized in manufacturing locks and other related hardware. The company's product catalog includes padlocks, motorcycle and bike locks, deadbolt locks, digital door locks, door locks, rim and euro profile cylinders, and concerning hardware and parts. The company currently operates modern manufacturing facilities occupying 3,300 square meters with more than 40...
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Since the founders' humble beginnings in the 1960s, traveling from his hometown in Chiayi County to urban Taipei City to learn a trade, he has dedicated the eventually-formed Kuang Shin Enterprise to providing quality products. Kuang Shin offers children's desks and chairs, computer chairs, furniture hardware, OA office chair and desks, connected chairs, display shelves, chair bases, and parts...
Taiwan First brakes Technology Co., Ltd.
Mar 04, 2021Nan Hoang Traffic Instrument Co., Ltd is one of the major manufacturers of automobile friction materials in Taiwan and globally. Chairman Austin Cheng has implemented the double-arrow strategy this year - own brand of “YangPo” is adopted to focus on global channels while the “NHC brand focuses on improving market shares in global markets, such as Europe, America, Asia, Australia, and the Middle E...
The COVID-19 pandemic has accelerated the industries' timeline for implementing digital transformation. However, the how's and what's of applying new technologies and improving the added value to existing products and services can be daunting. Three professors from the National Taiwan University College of Electrical Engineering and Computer Science founded the startup company "OmniEyes," basi...
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