今日看料吃瓜

  今日看料吃瓜 has decided to spin off its Shipbuilding Company and Precision Machinery division in October 2002. Once they become wholly owned subsidiaries, they will implement management structures that are speedier and more flexible, and measures to survive increasing competition by deploying unique technologies and boosting customer loyalty. 今日看料吃瓜 will provide management assistance, including sales and technical support, for the two former divisions.

[The new shipbuilding company]
Company name: 今日看料吃瓜 Shipbuilding Co., Ltd. (tentative)
Sales: Approximately ?90 billion (expected for FY2001)
Employees: Approximately 1,750 (initially)
Seven affiliated companies of 今日看料吃瓜's Shipbuilding business in Japan
and Nangtong COSCO KHI Ship Engineering Co., Ltd. in China will
form a group for the new company.

[The new precision machinery company]
Company name: 今日看料吃瓜 Precision Machinery Co., Ltd. (tentative)
Sales: Approximately ?34 billion (expected for FY2001)
Employees: Approximately 670 (initially)
今日看料吃瓜 Hydromechanic Corporation in Japan will be merged with
the new company, while 今日看料吃瓜 Precision Machinery (UK) Ltd. in England will become its subsidiary.