05:14 PM EDT, 09/18/2025 (MT Newswires) -- NN (NNBR) said late Thursday the Chinese government has approved an application for the continuation of its joint venture in Wuxi, China, with local company Weifu.

The joint venture, which supplies parts to China's automotive sector, generates sales of about $130 million a year, NN said, adding the business is 51% owned by Weifu and 49% owned by NN.

NN shares were up 2.6% in after-hours activity.

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