# 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.

- Type: Investment
- Announced: 2025-02-17
- Where: Morocco, Morocco
- Value: $13.8M (100.0M CNY)
- Status: announced
- Products: new energy battery housings, body structural parts, high-strength rolled parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Lingyun Industrial Corporation](https://endata.com/companies/33363.md)
- [Guangdong HAOMEI New Materials Co., Ltd.](https://endata.com/companies/82987.md) (partner)

## Sources

- [longbridge.com](https://longbridge.com/en/news/228541141), 2025-02-17: "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."

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