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KSPG to establish new joint venture with Shanghai Xingfu Motorcycle
Pierburg Pump Technology GmbH, a company of KSPG AG, has joined forces with Shanghai Xingfu Motorcycle Co., Ltd., which belongs to Huayu Automotive Systems Co., Ltd., to set up a joint venture to manufacture and market pumps for automotive applications. Each party holds a 50-percent stake in the new Shanghai-based ve....
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