A Serbian agricultural machinery bearing components manufacturer in Temerin established a joint venture with a Chinese partner and opened a new factory of approximately 80,000 square meters in Hebei Province in April 2025.
Silverstream Technologies signed a memorandum of understanding with Hudong-Zhonghua, a CSSC subsidiary, to integrate its air lubrication system into future LNG carrier designs, cutting fuel costs and emissions by 6% to 8%.
South Korean turbo blower maker Turbomax signed an agreement on January 15, 2019 with Gangzha Economic Development Area in Nantong to build an energy-saving and eco-friendly equipment project with an investment of 195 million yuan on a 1.4-hectare site, targeting 500 million yuan in taxable sales within five years of production.