Shandong Xingmin to form wheel production subsidiary in Longkou  [ China ]

Shandong Xingmin Group Corporation announced that it will establish a wholly owned subsidiary in Longkou, Shandong Province by investing CNY 20 million. The new company will be called Xingmin Wheel Co., Ltd., and will develop and produce automotive wheels. (From an announcement by the company on May 17, 2016)