Most popular Yuchai and Geely yinlun do equity res
2022-09-30- Detail
Yuchai, Geely and yinlun restructured the equity of the joint venture
Yuchai, Geely and yinlun restructured the equity of the joint venture
China Construction machinery information
Guide: on May 22, Yuchai International announced that its main domestic operating entities, Guangxi Yuchai and Zhejiang Geely Group, and Zhejiang Yinlun Machinery Co., Ltd., would change the equity of the two joint ventures. In 2008, Guangxi Yuchai, Zhejiang Geely and Zhejiang yinlun jointly established Jining Yuchai and Zhejiang in Shandong and Zhejiang
On May 22, Yuchai International announced that its main domestic operating entities Guangxi Yuchai, Zhejiang Geely Group and Zhejiang Yinlun Machinery Co., Ltd. would change the equity of the two joint venturesin 2008, Guangxi Yuchai, Zhejiang Geely and Zhejiang yinlun jointly established Jining Yuchai and Zhejiang Yuchai in Shandong and Zhejiang. The main product of the joint venture is 4d20 diesel engine, which is mainly used in Geely's related models. The equity structures of Yuchai international, Geely and yinlun in these two joint ventures are 52%, 30% and 18% respectively
China's current mechanical plastic 5 gold mold market is very active. In order to better develop the joint venture, Guangxi Yuchai, Geely and yinlun have restructured the equity of Jining Yuchai and Zhejiang Yuchai: Guangxi Yuchai withdrew from Zhejiang Yuchai and focused on Jining Yuchai. Guangxi Yuchai transferred its 52% equity in Zhejiang Yuchai to yinlun, Yinlun transferred its 18% equity of Jining Yuchai to Guangxi Yuchai for the determination of the apparent (volume) density of foamed plastics and rubber ISO 845:1988. After the equity conversion, Guangxi Yuchai holds 70% of the equity of Jining Yuchai, while Geely holds 30%. The technology of 4d20 diesel engine will be owned by Jining Yuchai
the equity conversion between Guangxi Yuchai and yinlun will give Yuchai international 25million RMB at historical prices
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