Operating Income of Wanxiang Group Hit RMB20 Billion in the Past 2004

According to Wanxiang Group's Report 2004, the operating income in 2004 hit RMB20 billion. Major economic norms ranked first in Zhejiang province. Wanxiang's Gross Output Value of Industry and GDP in 2004 hit RMB160.568 billion and RMB50.033 billion respectively, up 22.4% and 21.7% compared with last year. Mr. Lu guanqiu, president of Wanxing Group, said that in 2005 operating income of Wanxing will hit RMB30 billion, revenue reach RMB2 billion, exporting earning hit RMB720 million. About Wanxiang Group