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Major shareholder of Ningbo Jifeng Auto Parts, Wing Sing, raise ownership in Grammer to 25.51%

On October 28, 2017, Ningbo Jifeng Auto Parts Co., Ltd. said that its primary stakeholder, Wing Sing International Co., Ltd., acquired shares in Grammer through JAP Capital Holding to raise its shareholding ratio to 25.51% from 20.01%. After the transaction, Grammer is still a subsidiary of JAP Capital. In February 2....

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