Atlas Copco Strengthens Presence in Asia Atlas Copco has received approval from the Chinese Authorities to convert its 92% equity joint venture, Nanjing Atlas Copco Construction Machinery Ltd, into a 100% Wholly Foreign Owned Enterprise (WFOE), owned by Atlas Copco (China) Investment Co Ltd. Nanjing Atlas Copco Construction Machinery Ltd, established in 1993, employs 70 people. It assembles, sells and services drillrigs and surface crawlers. The name of the company remains unchanged after the transformation. The move is in line with Atlas Copco's strategy of increasing its presence in Asia and of owning as much as possible of all companies in which investments are made. Atlas Copco has been active in the Chinese market for over 80 years, where it is represented by more than 80 offices. For more visit www.atlascopco-group.com 12/05.