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China Shipbuilding Industry Group to acquire Zibo Torch Power Technology
China Shipbuilding Industry Group Power Co., Ltd. said on August 12, 2017, that the company would make an additional investment of Chinese yuan (CNY) 77.26 million (provisional number) in its wholly-owned subsidiary, Zibo Torch Energy Co., Ltd. The company plans to acquire, through Zibo Torch Energy, all the shares h....
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