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Sanyo, GP Batteries Establish Lithium Battery JV
Sanyo has established a joint venture company
in China with GP Batteries International Ltd.,
largest consumer battery manufacturer group in
China, based in Singapore. The new company has
been named “Ningbo GP SANYO Energy Co., Ltd.”
Located in NINGBO HI-TECH Park in Ningbo city,
Zhejiang province, the joint venture will manufacture
and sell manganese dioxide primary lithium batteries.
SANYO will hold 51% of the shares and GP 49%.
Production is to start this month.
Production lines of manganese dioxide primary
lithium batteries for camera use will be transferred
from SANYO Energy Tottori Co., Ltd., a subsidiary
of SANYO.
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