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Rongshida Sanyo wins investors' interest

Rongshida Sanyo wins investors' interest

Write: Ynes [2011-05-20]

Shares of Hefei Rongshida Sanyo Electric Co Ltd closed up 7.94 percent Tuesday, leading the household appliance board, though it posted a no-surprising annual report on the same day, the National Business Daily reported Wednesday.

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The Sino-Japanese joint venture projects sales revenue of 3 billion yuan and profits of 300 million yuan in 2010, the report said.