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Shandong Binzhou Bohai Piston, Hanon Systems agree to form joint venture
On August 12, 2016, Shandong Binzhou Bohai Piston Co., Ltd. and Korea-based Hanon Systems agreed to establish a joint venture. The new company will be called Beijing Hainachuan Hanon Automotive Parts Co., Ltd. It will be capitalized at CNY 33 million, of which 51% will be invested by Shandong Binzhou Bohai Piston and....
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