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End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.53 CNY | +5.53% |
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+17.91% | -22.98% |
| Apr. 28 | Zhejiang Jingu Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| Apr. 17 | Zhejiang Jingu's Chairman Proposes Share Buyback of Up to 60 Million Yuan | MT |
FRANKFURT (Reuters) - Thyssenkrupp has agreed to form a joint venture with Zhejiang Jingu and Ansteel to produce steel wheels in China to supply the local car industry, the German steelmaker said in a statement.
Thyssenkrupp will own 34 percent in the planned joint venture, Jingu will hold 51 percent and Ansteel will own the remaining 15 percent, the company said, adding the deal could close in a few months once approved by Chinese authorities.
Production volume is planned to be in the low single digit million range, Thyssenkrupp said.
(Reporting by Christoph Steitz; Editing by Maria Sheahan)
| 1st Jan change | Capi. | |
|---|---|---|
| -22.98% | 689M | |
| +27.79% | 50.98B | |
| +25.46% | 20.39B | |
| -19.29% | 19.42B | |
| +30.52% | 17.27B | |
| -3.16% | 15.84B | |
| -13.78% | 14.09B | |
| -20.75% | 13.35B | |
| +35.81% | 11.74B | |
| +29.31% | 10.66B |
ZHEJIANG JINGU COMPANY LIMITED 
