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Shanghai Baolong Automotive acquires 55% shares in joint venture with Huf
On July 17, 2018, Shanghai Baolong Automotive Corporation agreed with Huf Hulsbeck & Furst GmbH & Co. KG of Germany on the establishment of a joint manufacturer of tire pressure monitoring systems (TPMSs), but on January 15, 2019 (in German time), the Chinese company acquires 55% shares in the joint company, Huf Baol....
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