Founder Motor transfers stake in CRRC Zhixing to CRRC MRT
Zhejiang Founder Motor Co., Ltd. (Founder Motor) announced that it intends to transfer its 5% stake in Hunan CRRC Zhixing Technology Co., Ltd. (CRRC Zhixing) to CRRC MRT Holding Group Co., Ltd. (CRRC MRT) at the price of more than CNY 20 million. Upon the completion of the transfer, Founder Motor will no longer hold ....
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