Lifan Technology and Geely Auto Group Set Up Joint Venture Firm
Chinese motorcycle and automobile manufacturer Lifan Technology announced at the Shanghai Stock Exchange on Monday night that it plans to set up a joint venture with Geely Auto Group in the Liangjiang New Area in Chongqing. The registered capital of the new company is 600 million yuan ($94.24 million), of which Lifan Technology contributes 300 million y…
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