
FOTO has established a new drive company in Pinghu, Zhejiang
According to the Qichacha APP, recently, Pinghu FOTO Drive Co., Ltd. was established with a registered capital of 100 million yuan. The business scope includes: manufacturing of auto parts and components; R&D of auto parts; wholesale of auto parts; retail of auto parts, etc. Qichacha's equity penetration shows that the company is wholly owned by FOTO

