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Yuandong Drive Shaft to acquire Yuanbo Machinery’s part of assets
On August 7, 2015, Xuchang Yuandong Drive Shaft Co., Ltd. signed Asset Purchase Agreement with Xuchang Yuanbo Machinery Co., Ltd. to acquire Yuanbo Machinery’s part of operating assets, including factories, office buildings, manufacturing equipments. Yuanbo Machinery, capitalized at CNY 10 million, produced special t....
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