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Zhejiang Founder Motor to sell shares in its subsidiary in Vietnam
On July 13, 2019, Zhejiang Founder Motor Co., Ltd. announced plans to sell 100% of the shares in its wholly owned subsidiary, Founder Motor (Vietnam) Co. Ltd., to its another wholly owned subsidiary, Shanghai High Energy Auto Electronic Co., Ltd. The share transfer cost will be CNY 68.24 million. Upon completion of t....
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