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18 Nov
13:52

Gree invests in DunAn for NEV cooling components

Gree Electric plans to acquire a total of 410 million of DunAn Environment’s shares through transfers and subscriptions with a capital injection of CNY 3 billion ($469.89m). After the transaction is completed, Gree Electric will become the controlling shareholder of the company with 38.78% of the total shares. DunAn Environment's main business is R&D, production and sales of refrigeration components and refrigeration/air-conditioning equipment. It i…
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