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Ningbo Xusheng Auto Technology to set up subsidiary, investing CNY 100 million
Ningbo Xusheng Auto Technology Co., Ltd. announced a plan to set up a new wholly-owned subsidiary, investing CNY 1 million, to beef up its production technology and business performance. The new company is named Ningbo Xusheng Aluminum & Magnesium Casting Co., Ltd. and capitalized at CNY 100 million. It will be built....
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