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BRIEF-Loncin Motor subsidiary to set up locomotive firm in Guangdong as motorcycle export production base
April 12, 2017 / 4:25 AM / 8 months ago

BRIEF-Loncin Motor subsidiary to set up locomotive firm in Guangdong as motorcycle export production base

April 12 (Reuters) - Loncin Motor Co Ltd :

* Says its wholly owned subsidiary will set up a Guangdong-based locomotive firm as motorcycle export production base

* Says the new firm will be capitalized at 80 million yuan and the subsidiary will hold 100 percent stake in it

Source text in Chinese: goo.gl/NoAxoY

Further company coverage: (Beijing Headline News)

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