Ningbo Huaxiang Electronic to add investment in Shenyang Huaxiang Auto Parts  [ China ]

Ningbo Huaxiang Electronic Co., Ltd. announced that it will invest an additional CNY 30 million in Shenyang Huaxiang Auto Parts Co., Ltd. in order to expand the subsidiary’s capacity to supply products for BMW. Shenyang Huaxiang Auto Parts’ capital will be increased to CNY 50 million after the transaction is completed. (From an announcement by the company on October 25, 2014)