HL Mando and Tianrun Industrial form auto parts JV in China

HL Mando and China's Tianrun Industrial Technology Co. launched a joint venture, Tianrun Mando, in Shandong, China. Tianrun invested 60 million yuan ($8.3 million) for a 60% stake, HL Mando holds 40%.

“Tianrun Mando targets the global market of electric power steering for commercial vehicles.”kedglobal.com

• 1 source
• kedglobal.comKorea’s HL Mando launches auto parts JV with China’s Tianrun - KED GlobalJin-Won KimFeb 22, 2024

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