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BAIC Motor acquires 100% BAIC International shares and 24.78% BAIC Ruili shares from BAIC Group

On March 15, BAIC Motor Corporation Ltd. (BAIC Motor) announced that it signed an equity transfer agreement with Beijing Automotive Group Co. Ltd. (BAIC Group) on March 13. According to the agreement, BAIC Motor will pay a total of CNY 80.5936 million to acquire a 100% share of BAIC International Development Co., Ltd....

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