China Auto Corporation Ltd (the " Company" ) are pleased to announce 

that they have been advised by its 49% owned associated company, Neftech Pte Ltd (“Neftech”) as follows:-  

Neftech have signed an agreement with American President Lines (APL), a wholly owned subsidiary of listed NOL Ltd, to treat the auxiliary engines of up to 50 (fifty) of its container ships with nano particle additives in order to save on fuel consumption. APL is one of the largest container shipping lines in the world. The Agreement is valid for a period of 5 (five) years with provision for extension by mutual agreement. The auxiliary engines will require regular periodic treatment with our additives and this will therefore enable Neftech to derive a continuous stream of revenue from each ship. Neftech has signed a 30 year agreement with the manufacturer of the nano particles with a fixed price and exclusivity for the entire shipping industry. Interested shipping lines can only get this technology from Neftech.  

This ChinaACorp might be a good long term investment since BBs are aware of its potential recently.