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SAAE sells 80% shares in Shanghai Xinguang Automotive Electrical Equipment.

Shanghai Aerospace Automobile Electromechanical Co., Ltd. (SAAE) announced that it has completed the sale of 80% of the shares in its subsidiary, Shanghai Xinguang Automotive Electrical Equipment Co., Ltd. (Shanghai Xinguang Automotive Electrical Equipment). The stake is sold to Shanghai Aerospace Equipment Manufactu....

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