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FAW Jiefang Group to increase investment in Jiefang-CATL with CATL, TELD

On November 28, FAW Jiefang Group Co., Ltd. (FAW Jiefang Group) announced on the Shenzhen Stock Exchange (SZSE) a plan for investing an additional CNY 191 million in cash in Jiefang-CATL New Energy Technology Co., Ltd. (Jiefang-CATL), a joint venture, through FAW Jiefang Automotive Co., Ltd., a wholly-owned subsidiar....

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