Search

Few direct matches — filled in with the latest updates.

Tag: #hydraulics1 results

Hydraulic Tycoon Chairman Detained

Hydraulic Tycoon Chairman Detained

Hengli Hydraulics' chairman Wang Liping, whose family wealth hit 105B CNY, was detained by Jiangsu authorities. The firm, a hydraulic components leader eyeing humanoid robot opportunities, saw shares drop 10% amid cash flow pressures. Its 30-year rise from township factory to global player is now tested.