Shaanxi Fast Auto Drive Group and Eaton to set up joint venture in Xi'an

Shaanxi Fast Auto Drive Group Company and Eaton Corporation announced on July 25, 2014 that they signed a contract in Xi'an to set up a joint venture company Fast Eaton (Xi'an) Drive Systems Co., Ltd. The joint venture is capitalized at CNY 1 million. It is 51% funded by Shaanxi Fast Auto Drive Group with the remaini....

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