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Henan Tianhai Electric acquired 20% share of Hebi Tianzhong Connectors

On 16 March 2014, Henan Tianhai Electric Co., Ltd, a subsidiary of China Auto Electronics Group Limited (THB Group), entered into a Sale and Purchase Agreement with a third party to acquire the remaining 20% equity interest in Hebi Tianzhong Connectors Co., Ltd, for a purchase consideration of RMB1.7 million. The acq....

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