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Ping An Group Reportedly Splurges Billions of RMB to Acquire 2 Logistics Warehousing Assets in Dongguan
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Ping An Group of China recently acquired two logistics and warehousing assets in Dongguan from First Priority Holding through Ping An Insurance, with the transaction valued at several billion RMB, Chinese news broke. Following the acquisition, Ping An Group will continue to entrust First Priority Holding with the operational management of the assets. This acquisition marks a further expansion of Ping An Group’s presence in the logistics sector, as it integrates high-quality logistics assets to strengthen its logistics network in South China. AAStocks Financial News |
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