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SAIC-Hongyan receives CNY 500 million capital increase from NPAT

On October 25, Shanghai New Power Automotive Technology Co., Ltd. (NPAT) announced that to improve the asset and liability structure of SAIC-Hongyan Automobile Co., Ltd. (SAIC-Hongyan), alleviate the pressure from operating funds on the company, and enhance the company’s financing and sustainable development capaciti....

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