Beiqi Foton officially listed the 67% stake in Borgward

From January to August this year, Borgward’s net profit loss was approximately 1,649 billion yuan, the equity transferee was required to repay 4,271 billion arrears for Borgward.

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Ericsson and T-Mobile sign a $3.5 billion 5G agreement

Recently, Ericsson and T-Mobile signed a multi-year contract worth $3.5 billion to support T-Mobile's nationwide deployment of 5G networks. Under the agreement, Ericsson will provide T-Mobile with the latest 5G NR hardware and software compliant with the 3GPP standard.

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To deepen the distribution of new energy, Baoneng invested 3 billion yuan in power batteries

The layout of the new energy vehicles of Baoneng Group began to expand into the field of power batteries. On November 19th, Shenzhen Hongpeng New Energy Technology Co., Ltd.

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Wuxi Best plans to invest 300 million yuan to build auto parts projects

Recently, Wuxi Best Precision Machinery Co., Ltd. (“Wuxi Best”) announced that the company intends to invest in the automobile precision parts project (Phase I) with a self-funded investment of not more than 300 million yuan.

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