CFMOTO established a technology research and development company with a registered capital of 50 million
According to the Tianyancha App, recently, Zhejiang CFMOTO Technology Research and Development Co., Ltd. was established, with Chen Zhiyong as the legal representative and a registered capital of 50 million RMB. The business scope includes research and development of motorcycles and parts, mechanical equipment, and metal products. Shareholder information shows that the company is wholly owned by CFMOTO
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