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GAC Group: Major Asset Restructuring on the Horizon, Stock Suspension Extended
1 hour ago /
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Author：小编
GAC Group has revealed its intention to acquire a portion of the equity in a vehicle joint venture currently held by FAW Group. This will be achieved through the issuance of shares, with plans to also raise supplementary funds. As of the announcement's disclosure date, GAC Group, along with the relevant stakeholders, is diligently progressing with the work related to this transaction. Consequently, the company's A-share stock will remain suspended until further notice.
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