Beijing Hainachuan transfers shares in Beijing Beiqi Yuandong Transmission to joint-venture partner

Beijing Hainachuan Automotive Parts Co., Ltd. announced that the company has transferred the 50 percent share it held in Beijing Beiqi Yuandong Transmission Parts Co., Ltd. to Xuchang Yuandong Drive Shaft Co. Ltd., its joint-venture partner. Beijing Hainachuan has received 40 million yuan for the deal. After signing ....

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