Fangzheng Motor Subsidiary Plans Joint Venture to Develop Engine Electronic Control Systems

M&A · Partnership
โดย CLS·CN·Read original
Summary · why it matters

Fangzheng Motor's wholly owned subsidiary Shanghai Haineng has signed a joint venture agreement with Guangxi Jukong to jointly establish Guangxi Guixin Intelligent Control Technology Co., Ltd., with a registered capital of 35 million yuan. The joint venture will engage in the research, development, manufacturing, and sales of products such as engine electronic control systems and gas injection systems.

Impact on stocks 1

Others · 1 stocks

Off-coverage companies 2

广西桂芯智控科技有限公司 (Guangxi Guixin Intelligent Control Technology Co., Ltd.)Private▲ Positive
Technologyrelevance

Newly established JV will focus on R&D and manufacturing of engine electronic control systems.

广西聚控 (Guangxi Jukong)Private▲ Positive
Technologyrelevance

Signs JV agreement to jointly develop and sell engine electronic control systems.