April 27 (Reuters) – China Automotive Systems Inc:
* CHINA AUTOMOTIVE SYSTEMS INC – ON APRIL 27, UNIT OF CO ENTERED INTO A JOINT VENTURE CONTRACT WITH KYB (CHINA) INVESTMENT CO., LTD – SEC FILING
* CHINA AUTOMOTIVE – HENGLONG, KYB WILL ESTABLISH A JOINT VENTURE COMPANY, HUBEI HENGLONG KYB AUTOMOBILE ELECTRIC STEERING SYSTEM CO., LTD
* CHINA AUTOMOTIVE SYSTEMS INC – PURSUANT TO THE JV CONTRACT, TOTAL INVESTMENT AMOUNT OF THE JV COMPANY IS RMB960 MILLION
* CHINA AUTOMOTIVE SYSTEMS INC – THE JV COMPANY TO BE OWNED AS TO 66.6% AND 33.4% BY HENGLONG AND KYB CHINA, RESPECTIVELY Source text : ( bit.ly/2HShOeB ) Further company coverage: