Huzhou Zhiqu Technology Industry Development Co., Ltd. agreed to acquire 9.02% of stake in Zhejiang Founder Motor Co., Ltd. (SZSE:002196) from Zhongzhen Hanjiang Equipment Technology Co., Ltd. and Zhuoyue Cars Co. Ltd. for CNY 620 million on January 12, 2023.

Huzhou Zhiqu Technology Industry Development Co., Ltd. completed the acquisition of 9.02% of stake in Zhejiang Founder Motor Co., Ltd. (SZSE:002196) from Zhongzhen Hanjiang Equipment Technology Co., Ltd. and Zhuoyue Cars Co. Ltd. on March 6, 2023.