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Visteon completed three joint ventures and acquisitions in China: co-financing with SAIC for Yanfeng Visteon Automotive Electronics, acquiring Jiangsu Tianbao Technology and reorganizing it as Jiangsu Tianbao Automotive Electronics, and acquiring 51.85% of Excelsior Instrument to form Yanfeng Visteon Cheer East Automotive Instrument, and forming Visteon TYC Lamp with Taiwan Embankment West Transport Industry.