Jiuzhou Investment Co., Ltd. merged with work completed
In order to adapt to the needs of the development of company's overall strategy, improve market competitiveness, optimize the structure of enterprise organization, strengthen the enterprise internal force, make the company organization and management more scientific, standardized and practical, research decided by the board of directors, jiuzhou investment co., LTD absorbed yantai jiuzhou industrial co., LTD and zhaoyuan jiuzhou hot spring co., LTD. Since June 29, 2009, began to absorb merger early preparations. On March 18, 2010, the absorption merger work end in an all-round way. After the merger, yantai jiuzhou industrial co., LTD and zhaoyuan jiuzhou hot spring co., LTD inherit all debts by the jiuzhou investment co.,ltd.
Absorption merger is the important way to expand, is the enterprise sustainable development objective need, will effectively enhance the company for the integration of internal resources, as a whole and management ability, improve operation efficiency, reduce operating costs, strengthen the overall image.