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Geely to spend CNY 3.172 billion in acquisition of three affiliates
On July 18 Zhejiang Jirun Automobile Co., Ltd. (Jirun, a company that Geely owns a 99% stake in) signed an agreement with Hangzhou Geely Autoparts Co., Ltd. The partners will invest CNY 930 million to acquire all of the shares of Hangzhou Geely Auto Co., Ltd. (Hangzhou Geely). Jirun signed another agreement with Guiz....
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