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Wanxiang Qianchao calls off transfer of shares in Tianjin Santroll Electric Automobile Technology
Wanxiang Qianchao Co., Ltd. announced in July 2017 a plan to sell a 10% stake in Tianjin Santroll Electric Automobile Technology Co., Ltd. to CITIC Heavy Industries Co., Ltd. for Chinese yuan (CNY) 132 million. However, on December 6, the company said that the share transfer plan was canceled as a result of amicable ....
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