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Lingyun Industrial to increase capital to Nexteer Lingyun Driveline (Wuhu)
Lingyun Industrial Co., Ltd. will invest additional USD 4.16 million to its joint venture, Nexteer Lingyun Driveline (Wuhu) Co., Ltd. The investment will be used to expand the JV's production capacity. Nexteer Lingyun Driveline (Wuhu) was established in 2006. The capital is USD 12 million. 40% of the capital is owned....
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