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Lingyun Industrial Corp Ltd to Set up Subsidiaries


Tuesday, 29 Jan 2013 07:00pm EST 

Lingyun Industrial Corp Ltd announced that it will respectively set up a wholly owned subsidiary with a registered capital of RMB 30 million in Shenyang and one with a registered capital of RMB 25 million in Yantai. Both of the new subsidiaries will be engaged in the research and development of industrial technologies and auto parts technologies, design, development and sale of auto parts and machinery products, as well as import and export business.