YongLi invested in the establishment of a transmission system company
According to the Qichacha APP, recently, Kunshan Kotec Transmission System Co., Ltd. was established, with Li Fan as the legal representative and a registered capital of 10 million yuan. The business scope includes: manufacturing of bearings, gears, and transmission components; manufacturing of general equipment; manufacturing of motors; manufacturing of micro-special motors and components, etc. Qichacha's equity penetration shows that the company is wholly owned by YongLi through indirect holdings
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