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Ningbo Huaxiang Electronic to increase investment in R&D subsidiary
Ningbo Huaxiang Electronic Co., Ltd. announced that the company will invest an additional CNY 40 million in Ningbo Huaxiang Automotive Parts and Accessory Systems R&D Co., Ltd., its research and development unit. The capital of the R&D subsidiary will thereby be increased from the current CNY 10 million to CNY 50 mil....
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