Dongfeng Logistics Group Co was officially established in Wuhan Economic & Technological Development Zone (WHDZ) in Wuhan, Central China's Hubei province, on Oct 3, according to local media reports.
China Grand Pharmaceutical and Healthcare Holdings (China Grand Pharma) recently signed a licensing agreement with Australia-based Telix Pharmaceuticals, which will see it make advance payments totaling $225 million plus milestone payments to the Australian company, according to local media reports.
Auto manufacturer Dongfeng Honda Automobile Co has made progress in its daily vehicle output, with its three plants' daily production increasing to 3,800 vehicles in September.
A full-power hydrogen fuel cell car, developed by Dongfeng Motor Co, became the company's first domestic hydrogen fuel cell passenger car when it made its debut at the fifth DFTC Technology Innovation Week, according to local media reports.
The fifth DFTC Technology Innovation Week, a showcase for Dongfeng Motor Co's latest technologies and products, opened in Wuhan Economic & Technological Development Zone (WHDZ) on Oct 19.
Dongfeng Group's IPO application for listing on the Growth Enterprise Market (GEM) has recently been accepted, according to information released by Shenzhen Stock Exchange.
The Hubei Swire Coca-Cola Beverage Co will continue to expand investment in local supply chains to improve efficiency and ensure supply and has a planned investment of 100 million yuan ($14.88 million) in the expansion of its automated production lines.
Appliance manufacturer Gree Electric Appliances Inc's Wuhan assembly factory has introduced intelligent equipment to increase production levels by 15 percent year-on-year.
