--- title: "Duoli Automotive Technology to Set Up Joint Venture in Spain" type: "News" locale: "en" url: "https://longbridge.com/en/news/257048857.md" description: "(MT Newswires) -- Chuzhou Duoli Automotive Technology (SHE:001311), through unit Duoli Hong Kong Holdings, plans to establish a joint venture with Ederlan Subsidiaries in Spain for 504.6 million yuan, according to a Shenzhen bourse disclosure on Thursday. The Chinese automobile parts manufacturer's shares closed 3% lower on Friday. The joint venture, Lieder Automotive, will serve as a production base for automotive parts in Europe. The company will own 70%, while Ederlan will own 30% of the venture." datetime: "2025-09-12T07:46:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/257048857.md) - [en](https://longbridge.com/en/news/257048857.md) - [zh-HK](https://longbridge.com/zh-HK/news/257048857.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/257048857.md) | [繁體中文](https://longbridge.com/zh-HK/news/257048857.md) # Duoli Automotive Technology to Set Up Joint Venture in Spain (MT Newswires) -- Chuzhou Duoli Automotive Technology (SHE:001311), through unit Duoli Hong Kong Holdings, plans to establish a joint venture with Ederlan Subsidiaries in Spain for 504.6 million yuan, according to a Shenzhen bourse disclosure on Thursday. The Chinese automobile parts manufacturer's shares closed 3% lower on Friday. The joint venture, Lieder Automotive, will serve as a production base for automotive parts in Europe. The company will own 70%, while Ederlan will own 30% of the venture. ### Related Stocks - [Duoli (001311.CN)](https://longbridge.com/en/quote/001311.CN.md) ## Related News & Research - [Daylight Saving Time isn't going away any time soon](https://longbridge.com/en/news/277801535.md) - [Indonesia's Chandra Asri declares force majeure as Middle East conflict disrupts supplies](https://longbridge.com/en/news/277604922.md) - [15:35 ETHabitat for Humanity of Central Arizona Hosts Homecoming Celebration for Alta Vista Ranch Community](https://longbridge.com/en/news/277829229.md) - ['Wonder Woman' star Gal Gadot lists her elegant beachfront penthouse in Malibu for $8.75 million](https://longbridge.com/en/news/277443260.md) - [Rainy Tuesday expected in Hong Kong, with temperatures dipping to 16 degrees](https://longbridge.com/en/news/277428740.md)