November 23 -- The board of Zhejiang Qianjiang Motorcycle (000913), a manufacturer of motorcycles and motorcycle engines, approved plans by its subsidiary, Yipeng Engine Components, to inject 30 million yuan into Dujiangyan Yintong Property, increasing its stake in the target company from 80 percent to 90 percent, reports yicai.com, citing a company filing.

The company said the capital injection will help to promote the continued development of Dujiangyan Yitong’s property projects

Source:Capitalvue