JAC to acquire part of Anhui NIO’s assets for CNY 1.704 billion

On December 23, Anhui Jianghuai Automobile Group Corp., Ltd. (JAC) announced its intention to acquire the project assets (including equipment and tooling assets) related to projects under construction and equipment installation projects held by NIO Automobile (Anhui) Co., Ltd. (Anhui NIO), with the transaction price ....

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