Guangzhou Automobile Group Component to sell GAC-QH Auto Component shares

Guangzhou Automobile Group Component Co., Ltd. announced that it will sell a 40 percent share in GAC-QH Auto Component Co., Ltd., its subsidiary, for CNY 53.04 million. The president of GAC-QH Auto Component is planning to increase his shareholding in the company to 95 percent through a management buyout. GAC-QH Auto....

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