Zhejiang Wanfeng Auto Wheel to set up JV in Shanghai

Thursday, Dec 17, 2015

Zhejiang Wanfeng Auto Wheel Co Ltd says plans to set up a joint venture in Shanghai with a Shanghai-based information technology company.

Says new joint venture to be engaged in automobile after-sale services, with registered capital of 100 million yuan.

Says co to hold a 55 pct stake in JV.

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