Zhejiang Sanhua Plans GDRs Issue, Boosts Units' Capital
Zhejiang Sanhua Intelligent Controls Co Ltd 
002050:
SAYS IT PLANS TO ISSUE GLOBAL DEPOSITARY RECEIPTS IN SWITZERLAND
SAYS AUTO PART UNIT AGREES TO BOOST NEW ENERGY SUBSIDIARY'S CAPITAL BY 700 MILLION YUAN TO 1.25 BILLION YUAN ($173.75 million)
SAYS AUTO PART UNIT AGREES TO BOOST THERMAL MANAGEMENT SUBSIDIARY'S CAPITAL BY 500 MILLION YUAN TO 550 MILLION YUAN
($1 = 7.1942 Chinese yuan renminbi)