The Shanghai Yan-feng Johnson Seats Co., Ltd. recently with the Donghua Group Automobile Industry Co., Ltd. signing of a joint venture agreement resulted in the establishment of Nanjing Yan-feng Johnson seat Co., Ltd. This is another step of the NAC SAIC integration, components cooperation project..
The new joint venture company is located in Nanjing Economic and Technological Development Zone, the registered capital is 45 million yuan. The Tung Wah Group of companies hold a 40 percent stake in the joint venture.
Donghua Group of companies formed as part of the NAC SAIC cooperation inherits the original NAC components, trade in services and other non-automotive assets and operations. Johnson Seat Shanghai Yan Feng Yan Co., Ltd. is from Visteon Automotive Trim Systems Co., Ltd. and the United States joint venture Johnson Controls joint venture, specializing in car seat development, manufacturing and sales.
Currently, the Nanjing Automobile continuous rapid development of industrial clusters. It is understood that Johnson Nanjing, Yan-feng cooperation projects will be car seat Shanghai Nanjing branch of the public. MG, Nanjing Automobile, Nanjing Iveco etc car seat assembly, in 2012, the joint venture will be formed 216,000 car seat assembly assembly capacity, sales revenue of 1.2 billion.
Source: http://news.longhoo.net/gb/longhoo/news/nanjing/caijing/userobject1ai995834.html
The new joint venture company is located in Nanjing Economic and Technological Development Zone, the registered capital is 45 million yuan. The Tung Wah Group of companies hold a 40 percent stake in the joint venture.
Donghua Group of companies formed as part of the NAC SAIC cooperation inherits the original NAC components, trade in services and other non-automotive assets and operations. Johnson Seat Shanghai Yan Feng Yan Co., Ltd. is from Visteon Automotive Trim Systems Co., Ltd. and the United States joint venture Johnson Controls joint venture, specializing in car seat development, manufacturing and sales.
Currently, the Nanjing Automobile continuous rapid development of industrial clusters. It is understood that Johnson Nanjing, Yan-feng cooperation projects will be car seat Shanghai Nanjing branch of the public. MG, Nanjing Automobile, Nanjing Iveco etc car seat assembly, in 2012, the joint venture will be formed 216,000 car seat assembly assembly capacity, sales revenue of 1.2 billion.
Source: http://news.longhoo.net/gb/longhoo/news/nanjing/caijing/userobject1ai995834.html
Last edited by Windy on Tue Oct 20, 2009 5:07 am; edited 1 time in total