Huada Automotive Technology's holding subsidiary to invest in power battery pallet project

Huada Automotive Technology announced that its holding subsidiary Jiangsu Hengyi Automobile Fittings Co.Asian Metal Copyright75 million USD38.Asian Metal Copyright, Ltd.Asian Metal Copyright55 million, of which RMB253.Asian Metal Copyright plans to form a joint venture with Xinshen Aluminum which will be located in Jiangsu Liyang Zhongguancun Industrial Park; the joint venture, whose 70% stake will be held by Hengyi Automobile Fittings and 30% by Xinshen Aluminum, will focus on NEV battery pallet production project; the project will have a total investment of no more than RMB362.Asian Metal Copyright75 million USD16.Asian Metal Copyright5 million (USD55.Asian Metal Copyright5 million USD55.Asian Metal Copyright55 million), of which RMB253.Asian Metal Copyright plans to form a joint venture with Xinshen Aluminum which will be located in Jiangsu Liyang Zhongguancun Industrial Park; the joint venture, whose 70% stake will be held by Hengyi Automobile Fittings and 30% by Xinshen Aluminum, will focus on NEV battery pallet production project; the project will have a total investment of no more than RMB362.Asian Metal Copyright75 million (USD38.Asian Metal Copyright88 million will come from Hengyi Automobile Fittings and RMB108.Asian Metal Copyright88 million) will come from Hengyi Automobile Fittings and RMB108.Asian Metal Copyright75 million USD38.Asian Metal Copyright75 million (USD16.Asian Metal Copyright75 million USD38.Asian Metal Copyright66 million) from Xinshen Aluminum.

.Asian Metal CopyrightHuada Automotive Technology announced that its holding subsidiary Jiangsu Hengyi Automobile Fittings CoAsian Metal Copyright