# HCFA and Bosch Rexroth plan joint venture in Shanghai

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.

- Type: Partnership
- Announced: 2023-12-06
- Where: Shanghai, China
- Value: $16.8M (120.0M CNY)
- Status: announced
- Products: automation and electrification solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Bosch Rexroth](https://endata.com/companies/1297.md) (partner)
- [HCFA](https://endata.com/companies/74225.md) (partner)

## Sources

- [hcfaglobal.com](https://www.hcfaglobal.com/news/info-10648.html), 2023-12-06: "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)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.