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Sanli Group: Tang Xiuguo serves as the Chairman of the Board of Directors from May 16, 2025 to May 15, 2026.

15/05/2025

On May 12, Sany Group announced: According to the group's rotating chairman system, the board of directors decided that Mr. Tang Xiuguo will serve as the chairman of the group from May 16, 2025 to May 15, 2026.

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CITIC Securities: High-end and Light-weighting drive demand in the gold and jewelry industry. Focus on structural investment opportunities.

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DICK'S Sporting Goods (DKS.US) $2.3 billion acquisition of Foot Locker (FL.US) enters final negotiations

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Yuanxiang New Materials: Silicone rubber has a wide range of possible applications in humanoid robots' biomimetic skin and tactile sensors.

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On May 15th, Hyundai Motor Company held a groundbreaking ceremony for its new factory in Saudi Arabia. This is the company's first production base in the Middle East. The factory is a joint venture established by Hyundai Motor Company and the Public Investment Fund (PIF) of Saudi Arabia, with ownership stakes of 30% and 70% respectively. The factory is scheduled to start production in the fourth quarter of 2026 with an annual capacity of 50,000 vehicles, including both electric and combustion engine models.

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Modern cars are opening their first Middle East factory in Saudi Arabia, with plans to start production in the fourth quarter of next year.

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