Taizhou, Zhejiang 4th most populous, and the 4th largest industrial prefecture-level city in Zhejiang Province . Chinese automotive manufacturing company Geely was founded in Taizhou which completes its acquisition of Volvo Cars in 2010, is one of China’s top ten auto manufacturers. Chinese auto parts manufacturer based Yuanhuan was one of China auto parts manufacturer based,here can produce all auto parts for vehicles. The largest HVAC fan company Yilida is also located in Taizhou. It is listed on Shenzhen Stock Exchange (Stock #002686) and has acquired Fulihua fan company in Suzhou in 2012. Taizhou is also one of the most important Mandarin,
KION Group engineering company Voltas agreed to form a new joint venture, Voltas Materials Handling, comprising the two companies' material handling equipment operations in India. KION Group acquired Voltas' 34% shareholding in the venture in November 2012. In August 2012, the China-based Shandong Heavy Industry's Weichai Power subsidiary agreed to acquire a 25% stake in KION Group for €467 million, and a 70% majority stake in Kion's hydraulics business for €271 million. In February 2013 KION Group agreed to sell the product rights to the Linde brand's reach stacker, empty container handler and laden container handler product lines to the Finnish crane