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Changzhou Xingyu Automotive Lighting Systems Co Ltd to Set up Joint Venture

Friday, 23 Nov 2012 07:00pm EST 

Changzhou Xingyu Automotive Lighting Systems Co Ltd announced that it will invest EUR 90,000 to set up a joint venture named Xingyu Automotive Lighting Systems Europe GmbH with Markus Munzenmaier, with each to hold a 90% and a 10% stake. The joint venture will be with a registered capital of EUR 100,000 and be engaged in the development of car and truck lights, maintenance of customer relationship and suppliers relationship, technical project management, and industry information collection.