Customized Color Box,Mobile Phone Film Color Box,Color Box Customization,Color Box Production RONG DIAN PACKAGING & PRINTING CO.,LIMITED , https://www.rodiantpackaging.com
Foton Motors (600166) announced last night that the company had signed the “Commercial Vehicle Cooperation Agreement†with Daimler AG (hereinafter referred to as Daimler) on January 29 in Berlin, Germany. The two parties first set up a medium- and heavy-duty truck in China. The joint venture then seeks other similar cooperation projects in other emerging markets around the world.
According to the announcement, the two parties will implement the distribution and industrialization of Futian products globally through the use of China’s Zhongcai joint venture company as the operation center of the global cooperation of the two parties. That is, they should provide China Zhongka heavy truck joint venture products and make it feasible. Other products made by Fukuda are also provided below.
The project of the Zhongzhongka Joint Venture Company established this time must still be reported to the National Development and Reform Commission and other relevant government departments for approval.
According to Daimler's "Letter of Intent for Cooperation" disclosed by Foton Motor on August 7 last year, each party holds 50% of the equity interest in China's medium-heavy-card joint ventures, Daimler will use cash as its capital contribution, and Foton Motors After appraising all of its Auman-related medium- and heavy-duty trucks, it will invest in the China Zhongka Joint Venture. The joint venture company will use the Auman truck brand of Foton Motor as a platform to pursue the development of the international low-end commercial vehicle market.
According to the letter of intent signed by both parties, the two parties will first cooperate in China on Fukuda's medium and heavy trucks, and then gradually implement the distribution and industrialization of Futian medium and heavy trucks products in the world. At the same time, the two parties will also carry out other products outside of China on Futian's products. Industrial cooperation.
View related topics: Fukuda and Daimler succeeded in creating commercial vehicle giants