Lifan Technology and Geely Auto Group Set Up Joint Venture Firm

Dec 15, 2021

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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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