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HCFA and Bosch Rexroth are planning to set up a joint venture in Shanghai with a total capital of 120 million CNY, each contributing 50%. The joint venture will focus on automation and electrification solutions.
“HCFA and Bosch Rexroth, each contributing 50% and other 50% of the total capital of 120 million CNY, planning to set up a joint venture company in Shanghai (Preparation).”hcfaglobal.com
Summarized from public sources; check the original articles before acting on it.