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- by pandaily.com
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Liaoning SG Automotive to Acquire Chery Model’s Technical Assets for 132 Million Yuan
Liaoning SG Automotive Group announced that it intends to acquire the advanced technologies of Chery S18 (Ruiqi M1) and S18D (Ruiqi X1) models held by Tianjin Meiya New Energy Automobile Co., Ltd. in an effort to develop and produce pure electric sedans and SUVs.