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Chongqing Sokon Industry Group's subsidiary SF Motors to buy InEVit at USD 33 million
On October 18, 2017, Chongqing Sokon Industry Group Stock Co., Ltd. said that its wholly-owned subsidiary, SF Motors, Inc., will acquire 100% of shares in InEVit, Inc. at USD 33 million. After the share acquisition, SF Motors is going to own a 100% stake in the US battery manufacturer. All the executive officers of I....
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