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China auto parts maker Wanxiang Qianchao 2013 profit up 15 pct, to set up sales unit


(Reuters) - Wanxiang Qianchao Co Ltd


* Says 2013 net profit up 14.96 percent at 530.62 million yuan ($85.42 million)


* Says to set up a sales unit with registered capital of 50 million yuan


Further company coverage:


($1 = 6.2122 Chinese Yuan)


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