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Huayu’s group company to sell some business and assets to Yanfeng Automobile Intelligent Safety System at CNY 428 million
Huayu Automotive Systems Co., Ltd. announced that its second-tier subsidiary will sell a part of its business and assets to Yanfeng Automobile Intelligent Safety System Co., Ltd. at a price of CNY 428 million. The second-tier subsidiary, Yanfeng KSS (Shanghai) Automotive Safety Systems Co., Ltd., is capitalized at US....
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