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Cooperation with China's Weichai Power promotes German truck giant KION

Date: 2018-03-13
Views: 14

FRANKFURT, March 2 (Xinhua) -- The cooperation with Chinese Weichai Power should be one of the best examples of win-win result of Chinese investments in German companies, German industrial giant KION's Chief Executive Officer Gordon Riske said on Thursday.

KION Group is a leading German supplier of industrial trucks, related services and supply chain solutions.

Weichai Power, however, a Chinese enterprise that mainly produces diesel engines, started to invest in KION in 2012 and now holds more than 43 percent of the stake.

KION had very close personnel exchanges with its Chinese shareholder, keeping the corporate governance structure in good condition, said Riske.

 


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