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Old 06-09-2017, 09:03 AM  
Join Date: Nov 2013
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Default Intro: Zotye Auto

Huangshan Jinma Co. Ltd., the listed auto parts maker belonging to the Huangshan Jinma Group, has renamed itself Anhui Zotye Automobile Co., Ltd. after the acquisition of 100% of the shares of Yongkang Zotye Automobile Co., Ltd. The valuation of the purchase was 11.6 billion RMB.

The Huangshan Jinma Group itself is 90% owned by Tech-New Group.

Last edited by dmitra; 06-29-2017 at 12:49 PM. Reason: typo
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