Auto, Truck & Motorcycle Parts
Changzhou Xingyu Automotive Lighting Systems Co Ltd:To use 150 mln yuan to set up a wholly owned unit in Changzhou.Unit to be engaged in automobile electronic products.
Changzhou NRB Corporation:To invest 100 million yuan to set up a wholly owned subsidiary in Shanghai, which to be mainly engaged in industrial project investment.
Lingyun Industrial Corp Ltd:Says company to establish a unit with its controlling shareholder, with registered capital of 40 million yuan.Says the unit will be engaged in the provision of auto parts.Says company to invest 38 mln yuan, holding 95 pct stake in target company.
Shanghai Lianming Machinery Co Ltd:To establish new branch in Shanghai City.
Chongqing Zongshen Power Machinery Co Ltd:Says Chongqing-based petty loan subsidiary to invest 50 mln yuan to set up a wholly owned asset management subsidiary.
Zhejiang Yueling Co Ltd:To set up unit Y&Y Co., Ltd. in Kanagawa, Japan, with capital of 20 mln yen.Unit to be engaged in design of automobile hub, sales, automotive supplies and spare parts import and export.
Halla Holdings Corporation:Says to invest 50 bln won to set up a wholly owned subsidiary.Says the new entity will be engaged in investment business.The new entity will be capitalized at 50 bln won.Says expected transaction settlement date of March 7.
U-Shin Ltd:To set up a wholly owned subsidiary in Wuxi, China, with registered capital of $30 mln in March 2016.Previous plan disclosed on Dec. 22, 2015.
Continental AG:Plans new $1.4 billion truck tyre plant in Mississippi.Said it expected to break ground for the plant, which will employ about 2,500 people, in the next several months and start production by the end of 2019.
FUJI OOZX Inc:To set up a joint venture with Mitsubishi Heavy Industries Machine Tool on Feb. 2.The joint venture with registered capital of 1 billion yen to be engaged in production and examination of mechanical appliance for transportation.FUJI OOZX to hold 68.1 pct and Mitsubishi Heavy Industries Machine Tool to hold 31.9 pct stake in the joint venture.