Who bought Zotye Automobile?

Jinma shares acquired Zotye Automobile. Jinma shares resumed the acquisition of Zotye Automobile, and it is planned to acquire Zotye Automobile at a price of11600 million yuan, and purchase 0/00% equity of Zotye Automobile by issuing all the shares. The relevant person in charge of Jinma shares said that mergers and acquisitions are beneficial to both parties. After the transaction is completed, assets will be integrated to promote the coordinated development of business and improve efficiency. Jinma is actually a company that mainly produces automobile instruments, mainly engaged in the production and sales of body parts. It is also a well-known company in the automobile circle. The parts used in many models before Zotye are also owned by Jinma Company. After the merger and reorganization, Jinma Co., Ltd. will promote the company's main business from auto parts manufacturing to vehicle manufacturing, and the company's market value will exceed 20 billion yuan.