Guizhou Guihang Automotive Components establishes joint venture with Hebei Hongtu Group  [ China ]

Guizhou Guihang Automotive Components Co., Ltd. announced that it has established Hebei Guihang Hongtu Auto Parts Co., Ltd. jointly with the shareholder of Hebei Hongtu Auto Parts Co., Ltd. The new company is capitalized at CNY 120 million, of which CNY 61.2 million (51 percent) was invested by Guizhou Guihang. In addition, the joint venture has acquired the automotive seal strip division of He...
<Jan 28, 2014>