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Lingyun Industrial announced plans to build a vehicle pipes factory and a body structural parts joint venture with Haomei New Materials in Morocco, targeting European and North African markets. The auto pipes project has registered capital of EUR 7.6 million, and the body structural parts project has registered capital of CNY 100 million.
“Lingyun will build vehicle pipes and body structural parts factories, the Hebei province-based firm announced late yesterday.”yicaiglobal.com
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