Dawson Science Corp. Secures Unlimited License to
Operate Cargo Trucks in Beijing, China
RENO, Nev., June 6 /PRNewswire/ -- DAWSON SCIENCE CORP. (OTC BULLETIN
BOARD:DWSC) announces that it has secured an unlimited license to operate cargo trucks in Beijing, China. This is the company's first step in a program of building the trucking business in China.
Recently, Dawson Science Corp. announced it had acquired licenses to operate rental cars and taxis in Guangzhou, China and Beijing, China. These licenses, which are difficult to secure, are the foundation of the growth of the company. A Chinese government study estimates that for every car put into service, the company will realize $10,000 (USD) net profit per year.
Mr. Wu, the President and CEO of Dawson, says, ``We have 5,000 cars on order -- 1,200 are scheduled to be delivered immediately and 3,800 are scheduled to be delivered by early fall of 1997. These cars will represent the largest fleet of cars in China and a potential $50,000,000 (USD) in earnings for the company.'' |
