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HQ of Midea Bus Project Moved into Changsha

The headquarters of bus project of Midea Group settled in Changsha, capital city of Hunan province. The principal man told to the journalist that: the bus project of Midea Group will be putted into operation in June,2006. the project will bring 500 millions RMB revenue to Changsha government.

According to the report, Midea Group purchased Hunan Sanxiang Bus Factory, at the same period started up Changsha industry park project which the total investment up to 1.5 billion RMB. The phase 1 bus project occupy 300 mou area, the annual bus production capacity will up to 10000 units.