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Yuandong Drive to acquire 60.98% equity in Henan Sanjia and jointly develop universal joints
Xuchang Yuandong Drive Shaft Co., Ltd. (Yuandong Drive) announced that it plans to increase a CNY 50 million investment in Henan Sanjia Automotive Parts Co., Ltd. (Henan Sanjia) to acquire 60.98% of the company’s equity, and sign capital increase agreements with the company and other shareholders. The two parties wil....
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