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BYD and Daimler each to make additional investments in DENZA of CNY 150 million

On May 17, BYD Co., Ltd. (BYD) announced that its subsidiary BYD Automobile Industry Co., Ltd., will make an additional investment of CNY 150 million in Shenzhen DENZA New Energy Automotive Co., Ltd. (DENZA).
Daimler Greater China Ltd., the other shareholder of DENZA, also announced that it will invest an additional ....

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