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Geely Auto to sell its shares in Livan Auto to a group company

On February 20, Geely Auto announced on the HKEX that it will sell all of its shares, a 45% stake, of Chongqing Livan Automotive Technology Co., Ltd. (Livan Auto), held by its subsidiary Zhejiang Jirun Automobile Co., Ltd., to Zhejiang Geely Qizheng Automobile Technology Co., Ltd. at a CNY 504 million cash considerat....

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