SNC Engine Group "Suspends Production at Foreign Subsidiaries Following Administrative Order"
[Asia Economy Reporter Hyungsoo Park] S&C Engine Group announced in a disclosure response on the 25th that "due to an administrative order from a Chinese government-related department, production at its foreign subsidiaries, Jinjiang Chengda Gear Co., Ltd. (Chengda Gear) and Fujian Jinjiang Sanlian Engine Co., Ltd., has been completely halted since the 24th."
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They added that detailed information will be disclosed later.
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