Hwashin, Beijing Hainachuan form joint venture in Cangzhou, China  [ China ]

Hwashin Co., Ltd. and Beijing Hainachuan Automotive Parts Co., Ltd. have established a joint-venture company in Cangzhou, China. The new company is owned 26 percent by Hwashin; 25 percent by Beijing Hwashin Automobile Parts Co., Ltd.; and 49 percent by Beijing Hainachuan. It will supply auto parts to the Cangzhou Plant of Hyundai Motor. (From a press release on June 17, 2015)
<Jun 17, 2015>