Ningbo Huaxiang Electronic to sell its subsidiary

On October 25, 2017, Ningbo Huaxiang Electronic Co., Ltd. announced a plan to sell one of its subsidiaries, Shanghai VW Lianxiang Automobile Products Co., Ltd., to Shangai Huaxiang Explore Electronic Co., Ltd. at Chinese yuan (CNY) 28.64 million. Shanghai VW Lianxiang Automobile was established in 1997 with a registe....

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