摘要
China Worldbest Group,a textile andpharmaceutical giant who is famousfor acquiring other companies inChina,will be merged into ChinaChengtong Group.Chengtong Groupis a comprehensive logistics companywho occupies the third position inChina’s logistics sector.Both the twogroups are directly managed by thecentral government.Chengtongshould pay RMB2.5 billion for easingthe tight fund in Worldbest Group.At the end of 2004