Chery signs agreement with Baoneng for strategic investment in Qoros

On Decemebr 21 Chery Automobile Co., Ltd. (Chery) announced that it has signed an agreement with Baoneng Group (Baoneng) to make a strategic investment in Qoros Automobile Co., Ltd. (Qoros)
Under the agreement, Baoneng, as the strategic investor, will invest an extra CNY 6.5 billion in Qoros with Chery and Quantum (2....

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