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Hafei Motors, Russian enterprise OK on export contract

Jorvan From www.gasgoo.com| June 22 , 2007

On June 15, Hafei Motors signed an export contract with a Russian enterprise at the Harbin export trade fair, The export contract requires Hafei Motors to export 8,000 units of Hafei models every year, including Saima, Saibao and Lubao.

In addition to the auto export contract, the Harbin trade delegation has also signed contracts with Russian delegation for 16 large projects, totaling 440 million U.S. dollars. At the end of the opening ceremony, the Harbin delegation has signed contracts worth up to a total of 493 million U.S. dollars.

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