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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

 

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($1 = 6.2122 Chinese Yuan)

 

 
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