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China

GAC Aion plans to carry out mixed ownership reform, introduce strategic investors, and find a proper time to be listed in the future

Sep 03, 2021

On August 30, Guangzhou Automobile Group Co., Ltd. (GAC Group) announced that it plans to promote the mixed ownership reform for its wholly owned subsidiary GAC Aion New Energy Automobile Co., Ltd. (GAC Aion) by reorganizing and integrating the R&D capabilities of NEV, business and assets.
GAC Aion’s mixed ownership ....

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