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SAAE invests additional EUR 35 million in its subsidiary to establishe Luxembourg company
Shanghai Aerospace Automobile Electromechanical Co., Ltd. (SAAE) announced on December 31, 2019 that it will invest an additional EUR 35 million in its wholly-owned subsidiary Shanghai Aerospace Holding (Hong Kong) Co., Ltd. to strengthen its R&D capabilities in Europe and obtain more orders from the European markets....
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