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Yanfeng to acquire Adient’s 49.99％ equity in Yanfeng Adient

Yanfeng Automotive Trim Systems Co., Ltd. (Yanfeng), a subsidiary of HUAYU Automotive Systems Company Limited, announced that it has reached an agreement with Adient on equity transfer and other asset transactions concerning their joint venture Yanfeng Adient Seating Co., Ltd. (Yanfeng Adient). Yanfeng plans to acqui....

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