JAC Group, VW China to increase CNY 6.5 billion capital to VW Anhui

On March 12, JAC Group announced on the Shanghai Stock Exchange (SSE) its plan for a CNY 6.5 billion capital increase in Volkswagen (Anhui) Automotive Co., Ltd. (VW Anhui) with VW China in equal proportion to their shareholding ratios.
JAC Group and VW China will contribute CNY 1.625 billion and CNY 4.875 billion, re....

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