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CHJ to acquire Lifan Auto with a CNY 650 million investment

On December 17, Lifan Industry (Group) Co., Ltd. (Lifan Group) announced that it will sell 100% of its shares in Chongqing Lifan Automobile Co., Ltd. (Lifan Auto, a subsidiary of Lifan Group that produces minivans) to Chongqing Xinfan Machinery Equipment Co., Ltd. (Chongqing Xinfan), a company controlled by Beijing C....

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