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Xiaopeng Motor received 500 million yuan strategic investment from Guangdong Industrial Development Fund
Aggregated Source: ChinaLegalBlog.com

Source: Zhitong Finance and Economics Recently, XPEV.US announced that it has reached a strategic cooperation with Guangdong Yuecai Investment Holdings Co., Ltd., and the two sides have reached a cooperation agreement of 500 million yuan with Guangdong Industrial Development Fund to invest in Xiaopeng Automobile subsidiary Guangzhou Orange Bank Zhizhong Automotive Technology Co.,…

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