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Zhejiang Yinlun Machinery to acquire 55% stake in Jiangsu Langxin Electric at CNY 129 million
On January 30, 2018, Zhejiang Yinlun Machinery Co., Ltd. announced a plan to support the capital increase of Jiangsu Langxin Electric Co., Ltd. by acquiring 55% shares in the company with an investment of Chinese yuan (CNY) 129 million. After the share acquisition, Jiangsu Langxin Electric will become a subsidiary of....
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