Zotye Auto establishes auto parts company, including battery manufacturing business

Qichacha APP shows that recently, Zhejiang Taisheng Kangda Auto Parts Co., Ltd. was established, with the legal representative being Gu Jun, registered capital of 10 million yuan, and business scope including: manufacturing of auto parts and accessories; mold manufacturing; mold sales; battery manufacturing; battery sales, etc. Qichacha's equity penetration shows that the company is indirectly wholly owned by Zotye Auto. (People's Financial News)
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