Zhejiang VIE Science & Technology to Establish New Chassis JV

MT Newswires Live

2025/10/10

Zhejiang VIE Science & Technology (SHE:002590) signed a joint venture deal to establish Hubei Wan'an Automotive Chassis System with a registered capital of 150 million yuan.

The joint venture will focus on producing automotive chassis sub-frames, according to a Friday filing with the Shenzhen bourse.

The company and subsidiary Anhui Wan'an will each hold a 40% stake, while another subsidiary, Guangxi Wan'an, will hold the remaining 20%.

Shares of the automobile parts manufacturer were down 2% Friday.

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