China Dali announced that the company plans to jointly fund the establishment of Shanghai Cotech Transmission Systems Co., Ltd. with Yongli Co., Ltd., with a total investment of 200 million yuan, with each side holding 50% of the shares. The joint venture will focus on R&D, production and sales of electromagnetic rollers and related products. The purpose of this move is to accelerate market penetration of the electric roller product line, enhance brand influence, conform to the company's strategic plan, and have no significant impact on the company's operations and financial situation.
中大力德：拟与永利股份共同出资2亿设立合资公司
Zhongda Dali: Plans to jointly invest 200 million yuan to establish a joint venture with Yongli Co., Ltd.
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