Huawei, Seres Group sign agreement on investment in Yinwang

On August 25, Seres Group announced the recent signing of an agreement on deepening strategic cooperation with Huawei and on investment in Shenzhen Yinwang Intelligent Technology Co., Ltd. (Yinwang) in Shenzhen, Guangdong.
Seres Group will acquire 10% of the equity in Yinwang held by Huawei for CNY 11.5 billion in ca....

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