Zhejiang Shuanghuan Driveline acquires 65% shares in Chongqing Shenjian Auto Transmission Parts

Zhejiang Shuanghuan Driveline Co., Ltd. said on July 18, 2017, that it has acquired 65% of the shares in Chongqing Shenjian Auto Transmission Parts Co., Ltd. from Chongqing Machine Tool (Group) Co., Ltd. The acquisition cost is Chinese yuan (CNY) 103.18 million. The company has made the decision on the acquisition in....

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