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Zotye New Energy may go into bankruptcy and liquidation
On December 3, Zotye Automobile Co., Ltd. (Zotye Auto) announced that Yongkang People’s Court of Zhejiang Province accepted the application of creditors for bankruptcy and liquidation of Zotye New Energy Automobile Co., Ltd. (Zotye New Energy), a tier 2 wholly owned subsidiary of Zotye Auto.
Eventually, if Zotye New ....
Eventually, if Zotye New ....
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