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Old 10-21-2018, 01:26 PM   #27
Join Date: Nov 2013
Posts: 7,682

Dacheng Group is the most confusing.


Note, in the above cases, Ying Jianren/Tech-New has provided financial backing to associated persons to set up or acquire these peripheral companies but has not directly invested in these companies. These associates* of Ying Jianren (and family) have been positioned as the face of these other companies, yet these new startups cannot be linked directly back to Tech-New, although it is widely known in the media that these new companies' activities are influenced by decisions at Tech-New and also rely for technology and manufacturing know-how on Tech-New/Zotye.

In these diagrams, I have only mentioned companies which have some relevance to our discussion on Zotye. Of course there are numerous other companies in the Tech-New and peripheral groups where these key personnel also have stakes or are important functionaries.

*"associate" means persons who have a history of working in some important position at any Tech-New group company, like Zotye, before.
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