AnalysisWanli forges deal with Shanghai Lu Sheng Investment

On 26 Feb, Wanli Tires (South China Tire Co) signed a cooperation deal with Shanghai Lu Sheng Investment Co., Ltd. (上海陆晟投资股份有限公司), a tire and auto-parts dealer network. Lu Sheng reportedly has 110 fully-owned stores and a further 12,000 associated retail outlets and reports annual turnover of RMB10,000m The deal covers three aspects: Develop a new

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