Lucky Harvest Co.Ltd(002965) recently announced that it plans to establish bentele Xiangxin automobile system (Dongguan) Co., Ltd. (tentative) with its own funds and bentele investment (China) Co., Ltd. The registered capital of the cooperative company is no more than 100 million yuan, of which Lucky Harvest Co.Ltd(002965) subscribed no more than 49 million yuan, with a shareholding ratio of 49%. Bentler China subscribed no more than 51 million yuan, with a shareholding ratio of 51%.
According to the announcement, after the establishment of the joint venture, it will be mainly engaged in the design, development, manufacturing, testing, production and sales of automobile body structural parts and systems, automobile chassis parts and systems, and provide relevant technical consulting, technical services and technical support.
Lucky Harvest Co.Ltd(002965) pointed out that the purpose of this foreign investment is to give full play to the resource and technical advantages of both parties through joint venture, further optimize the company’s industrial layout, enrich the company’s product types, enhance the company’s technical strength, lay a solid foundation for the company’s future layout of automobile chassis system and hot formed parts, and further improve the company’s comprehensive strength and core competitiveness on the basis of achieving win-win results, In line with the company’s strategic development plan.
