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Ankai Bus Receives Warm Welcome in Iran

26-02-2008

At the last month, Anhui Ankai Automobile Co Ltd (Ankai), the Shenzhen-listed company producing large and medium-sized coaches, won an overseas contract worth 549 million yuan from Iran-based ARG-Diesel. Under the contract, the Anhui-based coach provider will produce 600 coaches and parts for ARG-Diesel. ARG-Diesel is a joint venture between Kerman Automobile Manufacturing Group, a leading automobile group in Iran, and Vertoon Automotive Company, with a registered investment of 100 million Rials. (RMB: 884,000 Yuan). All of these figures show that in the market of Iran, Ankai bus receives warm welcome. As for the development of bus&coach market, more and more Iranian clients recognize Ankai brand. "Germany Quality, Chinese Price" is the aim that Ankai to pursue. It means that Ankai provides products of the best performance and price ratio with exquisite technology.

Ankai was ceremoniously established on July 22, 1997. Three days after its establishment Ankai listed its shares (code 000868) at Shenzhen Stock Exchange. The area of a company is 122,000 square meters and the total assets reach 1.281 billion Yuan with 1048 employees. The annual comprehensive output is 8000 units including coaches and bus chassis (5000 complete coaches, 3000 chassis).


 

Editor:Frederick Wei from Chinabuses.com


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