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Seres Auto acquires 48.54% of equity in Jinkang Powertrain for CNY 663 million

On August 16, Seres Group announced on the Shanghai Stock Exchange (SSE) that Seres Automobile Co., Ltd. (Seres Auto) acquired 48.54% of the equity in Chongqing Jinkang Powertrain New Energy Co., Ltd. (Jinkang Powertrain), a holding subsidiary, held by Chongqing Science City Urban Operation Group Co., Ltd., a minorit....

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