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Evergrande Auto receives USD 500 million strategic investment from Middle East capital
On August 14, Evergrande Auto announced that it received an approximate USD 500 million strategic investment from NWTN Inc. (NWTN) headquartered in Dubai, UAE. The two parties signed a share subscription agreement that NWTN will hold about 27.50% of the total number of Evergrande Auto’s enlarged outstanding common sh....
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