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Wuling Motors Holdings to increase capital in its NEV division and integrate NEV-related assets
On December 1, Wuling Motors Holdings Limited (Wuling Motors Holdings) announced that it has reached an agreement on asset restructuring and capital contribution to its NEV (New Energy Vehicle) division with Guangxi Automobile Group Co., Ltd. (Guangxi Automobile Group), Liuzhou Wuling Automobile Industry Co., Ltd. (W....
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