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CAAS Announces Divestment of Fujian Qiaolong Special Purpose Vehicle Co., Ltd.
China Automotive Systems, Inc. announced its main subsidiary, Hubei Henglong Automotive System Group Co., Ltd., has sold its 51% equity control position in Fujian Qiaolong Special Purpose Vehicle Co., Ltd. to Longyan Huanyu Emergency Equipment Technology Co., Ltd. Terms of the transaction include a cash payment of RM....
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