Lingyun Ind and HAOMEI plan joint venture in Morocco

Lingyun Industrial Corporation plans to establish a joint venture with Guangdong HAOMEI New Materials in Morocco with a registered capital of 100 million yuan. Lingyun will hold 51% and HAOMEI 49%, aiming to produce new energy battery housings and body structural parts for European and North African markets.

“The establishment of the Moroccan company aims to create a localized production base that radiates to North Africa and European markets such as Morocco, Spain, and Portugal.”longbridge.com

• 1 source
• longbridge.comLingyun Ind plans to establish a joint venture with HAOMEI in Morocco | LongbridgeZhitongFeb 17, 2025

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