Longlong Tire Terminates Overseas Investment Project Amid Partnership Disagreement

GateNews
Longlong Tire announced today (May 27) the termination of a previous overseas investment construction project after failing to reach consensus on shareholding ratios and cooperation terms with the intended partner. The company stated that both parties have agreed to end the collaboration, which will proceed through formal review procedures. As the project has not entered substantive construction phase, the termination will not adversely impact the company's business operations or daily management.
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