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Shenzhen Deren Electronic to acquire 60% of Liuzhou Shuangfei Auto Electric Appliances Manufacturing
Shenzhen Deren Electronic Co., Ltd. announced that it will acquire a 60% stake in Liuzhou Shuangfei Auto Electric Appliances Manufacturing Co., Ltd. for stock and cash worth CNY 600 million. CNY 480 million will be paid with stock and CNY 120 million will be paid by cash. Liuzhou Shuangfei is an automotive wire harne....
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