Nanning Baling Technology to buy shares in Suzhou YouLion Battery

On May 18, 2018, Nanning Baling Technology Co., Ltd. announced a plan to acquire 20 to 30% shares in Suzhou YouLion Battery Inc. Suzhou YouLion Battery's estimated value is likely to become Chinese yuan (CNY) 2.8 billion to 3.5 billion. Suzhou YouLion Battery works on development, production, and sales of ternary pow....

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