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Lingyun Industrial to wholly-own Guangzhou Lingyun Xinrui Auto Parts
Lingyun Industrial Co., Ltd. announced on February 6, 2018, a plan to acquire 49% shares at Chinese yuan (CNY) 15 million in Guangzhou Lingyun Xinrui Auto Parts Co., Ltd. to make it a wholly-owned subsidiary of the company. After the acquisition, the subsidiary is to be renamed to Guangzhou Lingyun Automotive Parts C....
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