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Andy Weir
Analysts said Shenzhen Metro's move put an end to the 18-month long battle for control over Vanke, a conclusion which will benefit the development of Vanke as the company can now focus on its business, and implement its strategies more consistently under stable governance.
Analysts attributed the growing technical strength of the firms to higher research input. Data from annual reports showed that the combined research and development (R&D) expenditure of the firms totaled 59.91 billion yuan (.8 billion) in 2018, up 15.69 percent year-on-year.
Analysts say the rapid growth is expected to further fuel Hongqi's efforts to reshape its brand, deliver innovation in styling, and accelerate research and development of products and technologies.
Andrew Gross
来源：资阳报