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Shanghai Jielong Industry Group Corp Ltd and Subsidiary to Divest Holdings in Subsidiary


Tuesday, 29 Oct 2013 08:00pm EDT 

Shanghai Jielong Industry Group Corp Ltd announced that it will transfer its holdings of a 60% stake in a Shanghai-based taxi company to Jielong Group, for RMB 10,552,700. The Company's subsidiary, a Shanghai-based real estate development company, will transfer its holdings of a 40% stake in the Shanghai-based taxi company to Jielong Group, for RMB 7,035,200. 

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