Wanxiang Qianchao to liquidate Ningbo Qianchao Auto Parts  [ China ]

In November 2014, Wanxiang Qianchao Co., Ltd. announced that it will dissolve and liquidate Ningbo Qianchao Auto Parts Co., Ltd., its wholly owned subsidiary. Ningbo Qianchao Auto Parts produces and sells automotive components and dies. Its sales reached CNY 118.10 million in 2013. (From an announcement by the company on November 29, 2014)