Damon Technology Group Co., Ltd. acquires a majority stake in Dongfang Motor

Dongfang Motor is a manufacturer of special vehicles and system integration products, and a designated manufacturer of national military products, specializing in the development and production of various special vehicles and system integration products. Recently, Damon Technology plans to acquire Zhang Zhexing, Xu Rude, Wu Cong, Song Yuming, Sun Jianmin, Ding Yiming, Yin Changlin, Zheng Qiwei and 80% equity of Dongfang Automobile

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