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Chang’an acquires 38.14 percent stake of Yunnei Power

KUNMING, Yunnan – China Chang’an Automobile Group (Chang’an) signed an agreement to acquire a 38.14 percent stake in Kunming Yunnei Power Co., Ltd. (Yunnei Power) at no charge from the latter’s controller, the State-owned Assets Supervision and Administration Commission of Kunming, according to media reports. As a return, Chang’an promised

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