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Zhengzhou Coal Mining Machinery (郑煤机) and its subsidiary Sonneng Automotive Parts (China) will invest 300 million yuan to establish a joint venture, Sonneng Automotive Electric Systems, focusing on automotive e-drive systems. The announcement was made on December 30, 2021.
“基于公司及索恩格电气化战略实施的需要,合资设立索恩格汽车电动系统有限公司,有利于公司把握汽车电动化发展趋势,加快布局新能源汽车核心零部件产业链。”beta.zhitongcaijing.com
Summarized from public sources; check the original articles before acting on it.