XZB plans joint venture for precision transmission components

XZB announced plans to jointly invest with Zhejiang Tuoman Intelligent Technology and Sun Lisong to establish Hangzhou September Eight Precision Transmission Technology Co., Ltd. XZB will contribute 77 million RMB for a 77% stake. The total project investment is approximately 500 million RMB.

“XZB announced that the company plans to jointly invest with Zhejiang Tuoman Intelligent Technology Co., Ltd. and Mr. Sun Lisong to establish Hangzhou September Eight Precision Transmission Technology Co., Ltd., with a registered capital of 100 million RMB, of which XZB will contribute 77 million RMB”longbridge.com

• 1 source
• longbridge.comXZB plans to establish a joint venture company with an investment of 77 million yuan, holding 77% of the shares | LongbridgeZhitongApr 28, 2025

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