This letter provides a great contextual description for laymen like me - well done management .
It did, however , get me wondering about what Huayou are contributing as part of the “strategic” agreement . My fear is nothing as a minimum upto any scale of sabotage, game playing and trap-dooring. I could be wrong of course . Maybe we’ll get an update at the AGM .
AIMHO
Ann: Shareholder Letter, page-53
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