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Beijing Borgward files for bankruptcy and liquidation
On April 22, 2022, Beiqi Foton Motor Co., Ltd. (Foton Motor) announced via the Shanghai Stock Exchange that it has received a written notice from Beijing Borgward Automobile Co., Ltd. (Beijing Borgward). The notice says that on April 22, 2022, Beijing Borgward received a ruling by the First Intermediate People's Cour....
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