Lingyun Industrial, Georg Fischer to acquire 100% stake in Langfang Shuchang Auto-parts

Lingyun Industrial Co., Ltd. announced that it will acquire a 100% stake in Langfang Shuchang Auto-parts Co., Ltd. jointly with Georg Fischer Ltd. (GF). Lingyun Industrial and GF will pay a total of CNY 109.16 million for this deal, and each company will own a 50% stake. Langfang Shuchang Auto-parts was established i....

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