SAIC Hongyan successfully introduces CNY 3 billion strategic investment for reorganization

On October 24, an investor consortium comprising Shanghai Automotive Industry Corporation (Group) (SAIC), Shanghai New Power Automotive Technology Co., Ltd. (SNAT), and two Chongqing companies signed an investment agreement on the reorganization of SAIC Hongyan Automobile Co., Ltd. (SAIC Hongyan) with SAIC Hongyan an....

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