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Tianjin Motor Dies to acquire 30% stake in Zhejiang Skio Energy Technology investing CNY 783 million
On April 20, 2018, Tianjin Motor Dies Co., Ltd. announced a plan to acquire a 30% stake in Zhejiang Skio Energy Technology Co., Ltd., investing Chinese yuan (CNY) 783 million. Zhejiang Skio Energy Technology has agreed to make net profit of CNY 180 million, 240 million and 300 million in 2018, 2019, and 2020, respec....
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