December 27, 2017 / 12:05 PM / 6 months ago

BRIEF-Wuxi Commercial Mansion Grand Orient unit to fully acquire automobile sales service firm

* Says co’s wholly owned automobile unit plans to acquire 49 percent stake in a Wuxi-based automobile sales service firm (target firm), for 9.8 million yuan

* Says unit will hold 100 percent stake in target firm, up from 51 percent

Source text in Chinese: goo.gl/B1MBzb

Further company coverage: (Beijing Headline News)

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