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AW Establishes Supervisory Company in Shanghai, China
(May 29, 2012) |
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AISIN AW CO., LTD.
AISIN AW CO., LTD. (AW) has finalized a decision to establish AW CHINA CO., LTD. as a supervisory company in Shanghai, China.
The new company will help accommodate the growth of AW’s businesses in China by building regional supervisory structures as it works to enhance customer service and strengthen management functions in the Chinese market, which is expected to continue to grow in the future.
An overview of the new company follows:
| <New company profile > |
1. |
Company Name: |
AW CHINA CO., LTD. |
| 2. |
Address: |
Hongqiao Economic and Technological Development Zone, Changning District, Shanghai, China |
| 3. |
Date of Establishment: |
July 2012 (tentative) |
| 4. |
Capitalization: |
US$52.9 million |
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Investment ratio: |
AISIN AW CO., LTD.: 100% |
| 6. |
Representative: |
Yoichi Nakamura, President (Managing Director; scheduled to be Senior Managing Director in June 8, 2012)
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| 7. |
Businesses: |
Management and supervision of AW’s Chinese businesses |
| 8. |
Employees: |
About 20 (in 2013; tentative) |
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