GIC and CITIC PE Participate in Strategic Investment in Xugong Group Construction Machinery

Posted on 12/16/2020


Xugong Group Construction Machinery Co Ltd is a diversified construction machinery manufacturer founded in the eastern province of Jiangsu. A series of investors including Singapore’s GIC Private Limited plan to invest roughly 14.8 billion yuan in Xugong Group Construction Machinery. GIC and CITIC PE plan to invest a total of 3.3 billion yuan in Xugong […]

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