A famous cell-phone producer, Ningbo Brid Cooperation will invest 0.25 billion Yuan to build a luxury, environmental protection coach and city bus production base.
On 22, complete holding subsidiary company of Bird Cooperation, Ningbo Shen Ma Auto Manufacturing Co., Ltd was established in Fenghua of Ningbo City, which realizes Bird's dream of manufacturing complete vehicles.
It is reported that in June 2005, 'Bird Technology' spent 20 million Yuan in purchasing Ningbo Shen Ma Auto Manufacturing Co., Ltd, gainnig qualification of light coach and city public transport manufacturing.
Meanwhile, general manager of Shen Ma told to reporter that Shen Ma will be able to produce auto chassis itself, finally it will be one manufacture with capacity of 5000 luxury buses, city public transport and medium bus for rural operation, and each luxury bus has additional value of thousands Yuan.
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