Wetown Electric and ABB to form joint venture for low-voltage busway

Wetown Electric (威腾电气) announced it will form a joint venture with ABB to develop, produce and sell low-voltage busway products. The JV will have registered capital of CNY 80 million, with Wetown holding 51% and ABB 49%.

“本次设立合资公司，经过长期审慎评估。”finance.sina.com.cn

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• finance.sina.com.cn威腾电气：拟与ABB设立合资公司 开展低压母线产品业务|威腾_新浪财经_新浪网Sep 19, 2024

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