China Yuchai enters into joint venture to expand heavy-duty diesel and gas engine production in China
Green Car Congress
JUNE 5, 2013
Y&C Power), has entered into a framework agreement with Baotou Bei Ben Heavy Duty Truck Co., Bei Ben), and Inner Mongolia First Machinery Group Co., Yiji Group), to form a new joint venture company to be located in Baotou, Inner Mongolia. The JV Company will have a registered capital of RMB 600 million (US$98 million).
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