Yulon Motor Co Ltd is rumored to be looking for a minority stake in Zhejiang Zhongyu Auto Co Ltd from Zhejiang Zhongyu(Hldg)Grp Co


CHINA - Yulon Motor Co Ltd was rumored to be planning to acquire a ##% stake in Zhejiang Zhongyu Automobile Co Ltd, a motor vehicles and parts manufacturer and a majority-owned unit of Zhejiang Zhongyu (Holding) Group Co Ltd.

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