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China

Foton Motor to transfer Miyun Plant assets to BJEV Beijing Branch

On September 12, Beiqi Foton Motor Co., Ltd (Foton Motor) announced that it plans to transfer a total of 378 assets at its Miyun Plant, including land-use rights, factory buildings, and machinery and equipment, to Beijing Electric Vehicle Co., Ltd Beijing Branch (BJEV Beijing Branch) through a non-public agreement fo....

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