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Founder Motor transfers stake in GreenWay Europe to Excellence Automobile
Zhejiang Founder Motor Co., Ltd. (Founder Motor) announced that it intends to transfer its 71.88% stake in GreenWay Urban Traffic (Europe) Co., Ltd. (GreenWay Europe) to its shareholder Excellence Automobile Co., Ltd. (Excellence Automobile) at the price of CNY 50 million. Upon the completion of the transfer, Founder....
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