First Chinese Caravan Rolls Off Production Line

Shanghai March 11, 2008; China's KAMA Co. through its subsidiary Jiangxi Bailujia Bus Co., Ltd, has rolled off the first Chinese made caravan at a launching ceremony held in Nanchang, Jiangxi province last weekend, Xinhua news agency reported.

The luxury caravan was built by Jiangxi Bailujia with own intellectual property rights and will be priced between $200,000 and $500,000. It is equipped with beds and other advanced equipments and features high fuel economy and safety.

Also at the launching ceremony the company has signed export contracts with Mohammad Vehicle Co of Jordan and Bus and Coach International from Australia respectively. Under the contracts, Bailujia Bus will provide 200 units luxury caravans and 500 complete knock down kits to the Jordan company and 300 units caravans to the latter company.

KAMA is a machine-building corporate in China, mainly engaged in producing automobile, auto parts, intermediate and small-sized multi-function diesel engines, and general-purpose machineries.

The corporate headquarters is located in Shanghai. The total assets is 2.384 billion Yuan RMB and annual turnover is more than 2.66 Yuan RMB. KAMA currently has 10,000 employees.