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Northeast Industries subsidiary to start production of driveshafts for FAW Hongqi
Northeast Industries Group Co., Ltd. (Northeast Industries) announced that its wholly-owned subsidiary, Jilin Norinco Driveshaft Co., Ltd., has been approved to produce driveshafts for FAW Hongqi. Production will begin soon. When production is at full capacity, total sales revenue will increase by CNY 35 million. (Fr....
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