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08 Jul
05:05

Beihai Chengde becomes a wholly-owned SOE

Guangxi Beihai Chengde Group's latest official introduction says it has completed an equity exchange with Guangxi Beibu Gulf International Port Group and has become a wholly-owned state-owned enterprise (SOE), Kallanish notes. Guangxi Beibu Gulf participated in an equity investment in Chengde Group in 2009 to attract Chengde Group to increase freight volumes through its ports. Since 2016, Guangxi Beibu Gulf has be…
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