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China XD Electric Co.
China XD Electricity Co., Ltd. (SHA:has 21 first-class wholly-owned or holding subsidiaries, and more than 10 second-class holding or share-holding subsidiaries; among which, there are 10 large and medium backbone enterprises of manufacturing, 3 research institutes (including 3 state-level inspection centers) and 3 specialized companies. As the principal enterprise of China XD Group which won certificate of merit of National May 1 Labor, China XD Electricity Co., Ltd. is also an important base with largest scale for research, development, manufacture, test and inspection of complete set of equipment for high voltage, extra-high voltage and ultra-high voltage power transmission and distribution in China.
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News
Wall Street slumped sharply on Thursday after disappointing earnings reports and news of China's further tightening bank lending. The US dollar soared to one month high against a basket of currencies while investors shifted to haven.
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