Nanjing Aotecar New Energy Technology to buy shares in Shenzhen Sino-Power Science Technology, focus on new energy car power battery business

On July 31, 2018, Nanjing Aotecar New Energy Technology Co., Ltd. announced a plan to acquire 100% stake in Shenzhen Sino-Power Science Technology Co., Ltd. The company is planning to prepare the fund by issuing new shares and allocating its own capital. The share acquisition cost is expected to be around Chinese yua....

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