Zhejiang Founder Motor (002196.SZ) plans to implement a capital increase in its controlling subsidiary Fangde Siasun Robot&Automation.
Zhejiang Founder Motor (002196.SZ) has announced that Zhejiang Fangde Robot Joint Technology Co., Ltd. (hereinafter referred to as "Fangde Robot") was established on July 19, 2023, with a current registered capital of 10 million yuan. Among this, Zhejiang Founder Motor Co., Ltd. contributed 6 million yuan, accounting for 60% of the registered capital, while Deqing Yuanfang Management Consulting Partnership (Limited Partnership) (hereinafter referred to as "Deqing Yuanfang") contributed 4 million yuan, accounting for 40% of the registered capital. To meet operational development needs, Fangde Robot plans to implement a capital increase, adding 20 million yuan to its registered capital. Among this, Founder Motor will contribute 12 million yuan.
Zhejiang Founder Motor (002196.SZ) announced that Zhejiang Fangde Siasun Robot&Automation Joint Technology Co., Ltd. (hereinafter referred to as "Fangde Siasun Robot&Automation") was established on July 19, 2023, with a current registered capital of 10 million yuan. Among this, Zhejiang Founder Motor Co., Ltd. contributed 6 million yuan, accounting for 60% of the registered capital, and Deqing Yuanfang Management Consulting Partnership (Limited Partnership) (hereinafter referred to as "Deqing Yuanfang") contributed 4 million yuan, accounting for 40% of the registered capital. To meet business development needs, Fangde Siasun Robot&Automation plans to implement a capital increase, adding 20 million yuan in new registered capital. Among this, Zhejiang Founder Motor will contribute 12 million yuan.
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