Lingyun Industrial to make additional investment of EUR 120 million in its German subsidiary, Waldaschaff Automotive

Lingyun Industrial Co., Ltd. announced plans to make an additional investment of EUR 120 million in its wholly owned subsidiary in Germany, Waldaschaff Automotive GmbH (WAG). Part of the monies will be saved as an additional operating fund while some will be used for future expansion plans. The investment will take p....

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