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Anhui Jianghuai Automobile Co Ltd Announces Capital Injection in Joint Venture


Friday, 18 Oct 2013 08:00pm EDT 

Anhui Jianghuai Automobile Co Ltd announced that it will invest RMB 160 million into a Hefei-based diesel engine joint venture, which was established with another diesel engine company, and increase its registered capital from RMB 200 million to RMB 360 million. As a result, the two companies will hold 50% stake in the joint venture respectively.