Zhongzhen Hanjiang Equipment Technology Co., Ltd. agreed to acquire Zhejiang Founder (Hubei) Autoparts Co., Ltd. from Zhejiang Founder Motor Co., Ltd. (SZSE : 002196) on April 4, 2023. Transaction has been approved by Zhejiang Founder's board. For the period ended December 31, 2022, Zhejiang Founder had CNY 33.30 million of Net assets, CNY 100.84 million of Total assets, CNY 40.39 million of Revenue, CNY -7.94 million of Operating profit, CNY -7.91 million of Net profit.