News & Discussion => Announcements => Topic started by: steerings73 on July 02, 2012, 09:46:58 am

Title: Hyundai car parts
Post by: steerings73 on July 02, 2012, 09:46:58 am
In recent years, the development of the auto market makes a lot of independent parts manufacturers expand. They provide assemblies for the domestic automobile business. Some of them become suppliers who offer products for well-known international enterprises. After a long period of accumulation, these companies are not satisfied with the present status. They want to improve their market competitiveness through going public. Among them, there are many transmission and gear manufacturers.Many companies are preparing for going public. For example, in June, Hangzhou Advance Gearbox Group Co., Ltd. approved the IPO (initial public offerings). This company specializes in producing all kinds of gear drives, including automotive transmission. Besides, it also designs and manufactures powder metallurgical products. It is reported that Hangzhou Advance Gearbox Group intends to issue 101 million shares on Shanghai Stock Exchange. The raised funds will mainly be invested in four projects, including plans to invest 30 million Yuan in the technology research and development projects of automatic transmissions.    Isuzu Rodeo Power Steering Gearbox (http://www.carsteering.com/steeringmodels/Isuzu/Rodeo/Power_Steering_Gear_Box.html)