Wanli Holding plans to invest and construct lead-acid storage battery project in Malaysia
2017-07-28 17:50:49 [Print]
Wanli Holding announced on July 26 at night that it plans to jointly construct Wanli Jujiang Malaysia 8 Million Lead-acid Storage Battery Project (“the Project”) with Jujiang Power Technology and Deron in Kulim High-Tech Park of Kedah, Malaysia to deal with domestic market saturation slow development, reduce production costs efficiently, and exploit overseas market actively
. The three companies will set up a project joint venture in Malaysia with the proportion of shareholding of Wanli, Jujiang and Deron respectively standing at 40%, 45%, and 15%, and the total investment of the project is USD98 . 9617 million.