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UACJ Corporation reached a basic agreement to form a business alliance with CITIC Bohai Aluminum and CITIC Dicastal to establish a joint venture in China for manufacturing and selling automotive extruded aluminum parts, starting with bumpers and battery casings.
“Through the alliance, the three companies will establish a new joint-venture company to manufacture and sell extruded and machined parts and components.”uacj.co.jp
Summarized from public sources; check the original articles before acting on it.