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HUAYU Automotive’s subsidiary sells its 27% stake in joint venture with Valeo
HUAYU Automotive Systems Company Limited (HUAYU Automotive) announced that its subsidiary Shanghai SIIC Transportation Electric Co., Ltd. (STEC) signed a share transfer agreement with Valeo International Holding B.v. (Valeo). STEC intends to sell its 27% stake in Valeo Shanghai Automotive Electric Motors & Wiper Syst....
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