Chongqing Longxin Locomotive Co., Ltd. announced that it will receive a round of funding from existing investor Loncin Motor Co., Ltd. on January 6, 2014. The company will issue equity securities in the transaction. The transaction was approved at the 2nd session of the 2nd directorate meeting of the investor.
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- Chongqing Longxin Locomotive Co., Ltd. announced that it expects to receive funding from Loncin Motor Co., Ltd.