380
Sept 30 (Reuters) – SAIC Motor Corp Ltd: * SAYS UNIT SHANGHAI NEW POWER AUTOMOTIVE TECHNOLOGY AND CO'S CONTROLLING SHAREHOLDER PLAN TO FORM CONSORTIUM WITH PARTNERS TO PARTICIPATE IN RESTRUCTURING OF SAIC HONGYAN * SAYS CONSORTIUM PLANS TOTAL INVESTMENT OF 3 BILLION YUAN ($421.38 million), OF WHICH SHANGHAI NEW POWER PLANS TO INVEST 666.4 MILLION YUAN Source text Further company coverage: ($1 = 7.1194 Chinese yuan renminbi) (Reporting by Beijing Newsroom)
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