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Elusive future of Kaiyi Auto

With a registered capital of ¥2 billion ($321.2 million), Wuhu Kaiyi Automotive Co., Ltd., a joint venture between Anhui Jiangbei Development Co., Ltd., Chery Commercial Vehicle Co., Ltd. and Wuhu Construction Investment Co., Ltd., was established in late January. Kaiyi Auto, also known as Chery’s “Jiangbei Project” since it will

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