【#Yadea Holdings' subsidiary Power Technology Company reduces capital# Decrease by 83%】
US Stock Research News, Tianyancha App shows that recently, Wuxi Yadea Power Technology Co., Ltd. underwent industrial and commercial changes, with its registered capital reduced from 50 million RMB to 8.5 million RMB, a decrease of 83%.
The company was established in February 2021, with Xu Dexiang as the legal representative. Its business scope includes the manufacturing of mopeds, electric motors, motor manufacturing, and R&D of motor and its control systems. It is wholly owned by Yadea Holdings (HK.01585).
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