Duckyang Industry to acquire 60 percent of Beijing Mobis shares  [ China ]

Duckyang Industry announced that it will acquire the 60 percent of Beijing Mobis Chonche Automotive Parts Co., Ltd. shares owned by Hyundai Mobis. Beijing Mobis Chonche Automotive Parts is a joint venture between Hyundai Mobis and China National Chemical Equipment Corporation. It produces floor consoles, bumpers, and radiator grilles, and generated approximately USD 213 million dollars (KRW 240...
<Feb 13, 2015>