Zhejiang Founder Motor to merge subsidiary, Hangzhou Dewos Electric Technology

On April 25, 2019, Zhejiang Founder Motor Co., Ltd. announced plans to merge a wholly-owned subsidiary, Hangzhou Dewos Electric Technology Co. Ltd. Established in 2012, Hangzhou Dewos Electric Technology is engaged in areas such as technology for electric motor systems for new energy cars, motors and motor controller....

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