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SAIC Iveco Hongyan Commercial Vehicle Co., Ltd. and SAIC Fiat Powertrain Co., Ltd. held a ceremony and groundbreaking ceremony in Huangmaoping, Chongqing Economic and Technological Development Zone on the 15th.
The registered capital of the newly reorganized SAIC Iveco Hongyan Commercial Vehicle Co., Ltd. is 1.3 billion yuan, of which SAIC Iveco is 67%, and Chongqing Heavy Duty is 33%, with a 30-year operating life. SAIC Fiat Hongyan Powertrain Co., Ltd. has a registered capital of 580 million yuan. The equity ratio is 60% for SAIC Iveco Commercial Vehicle Investment Co., Ltd., 30% for Fiat Power Technology Co., Ltd., and 10% for Chongqing Heavy Duty Truck Co., Ltd., with a joint venture period of 30 years. .
View related topics: New Generation Hongyan Heavy Truck - Jieshi GENLYON heavy truck listing