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Changan Auto to raise CNY 6 billion for development of NEVs, NEV platform tech
On December 7, Changan Auto announced on the Shenzhen Stock Exchange (SZSE) that it plans to raise no more than CNY 6 billion by issuing A shares to three specific targets, namely, China South Industries Group Corp., China Changan Automobile Group Co., Ltd., and China South Industries Assets Management Co., Ltd.
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