South Korea’s SK Group Pours $250M Into China JV Under New Foreign Investment Law

Shenzhen Londian Electrics, a Chinese high-tech company that specializes in power equipment, new energy and new materials, has raised US$250 million fresh funds from South Korean conglomerate SK Group, said Longdian in a statement released on Tuesday. The capital injection acts as a strategic investment in Londian, said the Shenzhen-based company. Upon the completion of […]

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