Beiqi Foton to acquire assets of Loxa’s Xuanhua Plant for CNY 292 million

On November 13, Beiqi Foton announced that to integrate industrial resources, support Loxa Co., Ltd. (Loxa) in focusing on the special-purpose vehicle business, optimize the business structure, improve the operating quality and efficiency, and ensure the collection of debts, it intends to acquire the assets such as l....

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