Ningbo KBE Electrical Completes Establishment of KBEI Electric Japan Subsidiary

MT Newswires Live

05/28

Ningbo KBE Electrical Technology (SHE:300863) completed the establishment of a wholly-owned subsidiary in Japan with a registered capital of 5 million yen.

KBEI Electric Japan will focus on the production and sales of automotive electrical systems and related components, according to a Tuesday filing with the Shenzhen bourse.

The automotive cable manufacturer's shares closed 1% higher Wednesday.

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