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Dongfeng Electronic Technology to acquire 9 subsidiaries of Dongfeng Motor Parts and Components Group

Dongfeng Electronic Technology Co., Ltd. (DETC) announced that its asset restructuring plan has been approved by The China Securities Regulatory Commission. Under the plan, DETC will issue shares to Dongfeng Motor Parts and Components Group Co. Ltd., to acquire 50% of the shares of Dongfeng MAHLE Thermal Systems Co.,....

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