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Dongfeng Motor Group announced that Dongfeng Logistics will acquire 100% equity of Xiangyang Industry and Trade from Dongfeng Motor Co. and Shanghai Jiahua, integrating it into Dongfeng Logistics to improve service quality and reduce logistics costs.
“股权转让后,襄阳工贸被整合到东风物流,其整体服务水平质量预期会大幅提升。”beta.zhitongcaijing.com
Summarized from public sources; check the original articles before acting on it.