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China

BAIC Group, Shandong Heavy Industry sign strategic cooperation agreement; subsidiaries sign separate agreement

On September 22, Beijing Automotive Group Co., Ltd. (BAIC Group) announced that it had signed a strategic cooperation framework agreement with Shandong Heavy Industry Group Co., Ltd. (Shandong Heavy Industry) on September 21. At the same time, their respective subsidiaries, Beiqi Foton Motor Co., Ltd. (Foton Motor) a....

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