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Foton Motor and Cummins to build joint venture to produce emission treatment systems
On December 18, Beiqi Foton Motor Co., Ltd. (Foton Motor) and Cummins, Inc. (Cummins) signed a cooperation agreement in Beijing to work on an emission treatment system project. They will set up a joint venture at a shareholding ratio of 50:50 to produce emission treatment systems.
With an initial investment of CNY ....
With an initial investment of CNY ....
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