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Steyr Motors to sell shares in Hubei Axle and Jingzhou Hengfeng Brake System
Steyr Motors Co., Ltd. announced that it will transfer shares in its two subsidiaries to Jingzhou Hengfeng Brake System Co., Ltd. It plans to sell a 63.28 percent share in Hubei Axle Co., Ltd. and a 100 percent share in Jingzhou Hengfeng Brake System Co., Ltd. for CNY 171.84 million. (From an announcement by the comp....
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