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Lingyun Industrial to raise capital in German-based Waldaschaff Automotive
Lingyun Industrial Co., Ltd. announced on January 12, 2018, a plan to raise capital in Waldaschaff Automotive GmbH (WAG) by making an additional investment in the wholly-owned subsidiary by EUR 55 million. Lingyun Industrial acquired WAG in 2015. The German company produces doors, tail gates, engine hood components a....
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