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Zotye Auto’s controlling shareholder Tech-new Group applies for reorganization
On July 21, Zotye Automobile Co., Ltd. (Zotye Auto) announced that it received a notice from its controlling shareholder Tech-new Group Co., Ltd. (Tech-new Group). According to the notice, Tech-new Group received a written notification from the Yongkang People’s Court in Zhejiang Province. The court will review and r....
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