| Business Summary | | Ek
Chor
China
Motorcycle
Company
Ltd.
owns
interests
in
and
actively
manages
Sinoforeign
equity
joint
venture
enterprises
(Ventures)
in
the
People's
Republic
of
China
(PRC).
The
Ventures
are
engaged
in
the
design,
manufacture
and
sale
of
motorcycles
and
motorcycle
parts
and
components,
automotive
air
conditioner
compressors
and
carburetors
and
certain
other
automotive
parts
and
components.
One
of
the
Ventures,
Luoyang
Northern
Ek
Chor
Motorcycle
Company
Limited,
is
engaged
in
the
design,
manufacture
and
sale
of
motorcycles.
Another
Venture,
Shanghai-Ek
Chor
General
Machinery
Company
Ltd.,
is
a
domestic
manufacturer
of
automotive
air
conditioner
compressors
in
the
PRC.
The
Venture
also
manufactures
receiver-dryers
for
automobiles.
Zhan
Jiang
Deni
Carburetor
Company
Ltd.
is
engaged
in
the
design,
manufacture
and
sale
of
motorcycle
and
automotive
carburetors.
The
Company's
operations
are
primarily
conducted
through
these
three
ventures. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | EKC
has
10
wholly
owned
subsidiaries
participating
in
and
actively
managing
three
equity
joint
ventures
in
China:
Shanghai
General
Machinery,
Luoyang
Northern
Motorcyle,
and
Zhan
Jiang
Deni
Carburetor.
For
fiscal
year
ended
12/31/00,
total
revenue
fell
30%
to
RMB72.6
million.
Net
income
decreased
56%
to
RMB28M.
Revenues
reflect
the
absence
of
gains
on
the
sale
of
investments
in
PRC
joint
ventures.
Earnings
also
suffered
from
an
increased
provision
for
investment
losses. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Dhanin Chearavanont, 61 | Chairman | Thanakom Seriburi, 55 | Pres,
CEO, Director | Sumet Jiaravanon, 66 | Exec.
Vice Chairman | Stanley Chan, 46 | Chief
Financial and Accounting Officer, Sec. | Thomas Chia, 54 | COO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|