| Business Summary | | Fremont
Corporation
owns
100%
of
Winfill
Holdings
International
Limited
(Winfill),
which
owns
a
98%
interest
in
South
China
Bicycles
Winfill
Limited
(SCBW),
a
Sino-foreign
joint
venture.
The
remaining
2%
interest
in
SCBW
is
owned
by
South
China
Bicycle
(Holdings)
Limited
(SCH),
a
related
party.
The
principal
products
manufactured
and
sold
by
SCBW
consist
of
bicycles,
components
and
spare
parts
for
bicycles,
steel
tubes
and
exercise
equipment. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Fremont
Corp.,
through
its
subsidiaries,
is
engaged
in
the
design,
manufacture
and
marketing
of
bicycles,
bicycle
parts
and
componets,
steel
tubes,
and
exercise
equipment.
For
the
nine
months
ended
9/98,
sales
decreased
31%
to
RMB96.6
million.
Net
loss
totalled
RMB29.5
million,
vs.
an
income
of
RMB10.3
million.
Sales
reflect
the
effects
of
the
Asian
financial
crisis
and
the
decrease
in
export
sales.
Net
income
reflects
a
RMB27.1
million
provision
for
bad
debts. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1997 Pay | |
| Rong Jia, 56 CEO | $10.0K | Winston Wu, 39 Pres | -- | Zhoa Wen, 47 COO | -- | Edward Ding, 35 VP
and CFO | -- | Dollar amounts are as of 31-Dec-1997 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|