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Shanghai Electric's wholly-owned subsidiary, Shanghai Electric Automation Group, plans to acquire 100% of Shanghai Ningsheng Industrial Co., Ltd. from Shanghai Electric Holdings for 3.082 billion yuan. Ningsheng Industrial holds a 50% stake in Shanghai FANUC Robotics, a joint venture with Japan's FANUC.
“本次交易实施完成后,发那科机器人将成为自动化集团间接持股50%股权的重要合营企业。”stcn.com
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