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LEAPMOTOR Splashes RMB200M to Set Up Intelligent Control Firm in Zhejiang
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LEAPMOTOR (09863.HK) has announced the establishment of a wholly-owned subsidiary, Zhejiang Lingqi Intelligent Control Co., Ltd. (literal translation of "浙江凌啟智控有限公司"), in Jinhua. This new company is indirectly wholly-owned by LEAPMOTOR. It has a registered capital of RMB200 million. Its legal representative is Cao Li. It will focus on the R&D and manufacturing of automotive parts and motor control systems. AAStocks Financial News |
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