EXTEK TECHNOLOGY plans to invest CNY 14.1 million to establish Yingrui Electromechanical and engage in integrated wind turbine motor-related businesses
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EXTEK TECHNOLOGY plans to invest CNY 14.1 million to jointly establish a joint venture company, Zhejiang Yingrui Electromechanical Co., Ltd., with Zhejiang Aifulu Electric Co., Ltd. and Xinchang Changsheng. The joint venture will primarily engage in the research, development, production, and sales of integrated fan motors. The registered capital of the joint venture is CNY 30 million, and EXTEK TECHNOLOGY will hold a 47% equity stake
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