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Zhejiang Founder Motor to have new controlling shareholder
On June 19, 2019, Zhejiang Founder Motor Co., Ltd.’s primary shareholders, Zhang Min and Excellence Automobile Co., Ltd., signed a share transfer agreement. Under the deal, Zhang Min will sell a 15.84% stake in Zhejiang Founder Motor to Excellence Automobile Co., Ltd.. Established in 2018, Excellence Automobile Co., ....
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