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Lingong Group has signed an agreement to acquire 70% of the equity of Shandong Lingong Engineering Machinery Co., Ltd. held by Volvo CE through a newly established fund, gaining control and management rights.
“Lingong Group will acquire 70% of the equity of Shandong Lingong Engineering Machinery Co., Ltd. held by Volvo CE through a newly established fund.”seetaoe.com
Summarized from public sources; check the original articles before acting on it.