Rept Battero Energy Announces Acquisition and Capital Injection into Target Company
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REPT BATTERO Energy Co., Ltd. plans to acquire equity interests in a target company and inject capital into it, with Ruitu Energy as a substantial shareholder. The investment amounts will be paid in full as per the agreement. The company specializes in lithium-ion batteries for electric vehicles and energy storage systems. The announcement was made by Dr. Cao Hui, Chairman and Executive Director.
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