Beijing Hainachuan to establish joint venture to produce automotive seats in Zhuzhou

On August 28, 2012, Beijing Hainachuan Automotive Parts Co., Ltd. and Beijing Goldrare Automobile Parts Co., Ltd. signed an agreement to establish a 50-50 joint venture company in Zhuzhou City, Hunan Province. The new company will be capitalized at 26 million yuan. It will produce automotive seats at Beijing Hainachu....

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