Weifu High-Technology to invest additional 120 million in Weifu Mashan Fuel Injection  [ China ]

Weifu High-Technology Group Co., Ltd. announced that it will invest an additional CNY 120 million in Wuxi Weifu Mashan Fuel Injection Equipment Factory, its wholly owned subsidiary, in order to strengthen its management base. This will raise the subsidiary’s capital to CNY 165 million from the current CNY 45 million. (From an announcement by the company on April 20, 2016)