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Tianjin Motor Dies successfully acquires 25% stake in Dongfeng Industry
Tianjin Motor Dies Co., Ltd. said on November 14, 2017, that the company successfully obtained a 25% stake in Dongfeng Industry Co., Ltd. from Dongfeng (Shiyan) Industry Co., Ltd. The acquisition cost was Chinese yuan (CNY) 173 million. After the transaction, Dongfeng Industry is owned 75% by Dongfeng (Shiyan) Indust....
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