Nam Tai Elec. (NTAI) Message Board

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Technology Stocks : Nam Tai Elec. (NTAI)

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To: SBerglowe who wrote (1399)	5/5/1998 9:20:00 PM
From: Fred Puppet	Read Replies (1) of 1696

Sales In China, from the Latest 20-F "Marketing Plans for China The Company has Chinese government approval to sell up to 30% of the products manufactured and 10% of the parts manufactured by the Company in China. The Company does not have any immediate plans to re-enter the China market and make domestic sales, however; the Company continually evaluates economic and other factors in China to determine whether doing so would be favorable to its operating results. Recently, the Company applied to the Chinese Government to cancel this approval." It's amazing. The company has gone out of their way to ask the government to cancel approval for domestic sales.

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