# Hwaway Technology plans $30M automotive parts JV in Mexico

Hwaway Technology plans to establish a joint venture in Mexico through subsidiaries Jinsheng Industrial Investment and Jinsheng USA, with total investment up to $30 million. Hwaway will contribute $19.5 million for a 65% stake, and Zhejiang Wan'an Technology will contribute $10.5 million for 35%.

- Type: Investment
- Announced: 2025-01-30
- Where: Mexico, Mexico
- Value: $30.0M
- Status: announced
- Products: automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hwaway Technology](https://endata.com/companies/82650.md)
- [Zhejiang Wan'an Technology](https://endata.com/companies/79024.md) (partner)

## Sources

- [itiger.com](https://www.itiger.com/news/2507648348), 2025-01-30: "Hwaway Technology is planning to establish a joint venture in Mexico through subsidiaries Jinsheng Industrial Investment and Jinsheng USA."

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