Liaoning SG Automotive to acquire 100 percent in two subsidiaries

Liaoning SG Automotive Group Co., Ltd. announced that it will turn its two subsidiaries, Liaoning SG Chassis System Co., Ltd. and Fengcheng SG Axle Co., Ltd., into its wholly owned subsidiaries by acquiring the remaining shares in each company from Dandong SG Special Vehicle. It will purchase 20 percent in Liaoning S....

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