Zhejiang Wanliyang Transmission to convert Jinxing Automotive Interior into wholly owned subsidiary

On May 31, 2016, Zhejiang Wanliyang Transmission Co., Ltd. signed an agreement with Liaoyang Guoyue Investment Co., Ltd. and Liaoyang Kunpeng Investment Management Co., Ltd. concerning its acquisition of Jinxing Automotive Interior Co., Ltd.'s shares. Zhejiang Wanliyang Transmission, currently holds 70% of Jinxing Au....

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