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Hunan Corun New Energy to acquire 36.97% stake in CHS at CNY 820 million
Hunan Corun New Energy Co., Ltd. announced on October 17, 2018, a plan to acquire a stake of 36.97% in Corun Hybrid Technology Co., Ltd. (CHS) from Geely Group and Shanghai Maple Automobile Co., Ltd (SMA) by issuing new shares for Geely and SMA. The acquisition cost is scheduled to be CNY 820.67 million. After the sh....
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