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JAC and Cummins to establish engine company
On May 11 JAC and Cummins Sales and Service Singapore Pte Ltd. signed an agreement to establish JAC Cummins Engine Co., Ltd. The company has an investment of CNY 1.8 billion and a 50:50 registered capital of CNY 600 million funded by JAC and Cummins. The JV’s business scope will include the research and development, ....
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