CHINA TOPIX

11/02/2024 03:30:36 pm

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Wuzhoulong Motors

China's Ministry of Finance penalized Suzhou Gemsea, Higer Bus, Wuzhoulong Motors, Mychery Bus and Shaolin Bus.

China Penalizes 5 Renewable Energy Auto Makers for Subsidy Fraud

China's Ministry of Finance has penalized five renewable energy vehicle producers for illegally obtaining government subsidies, amounting to about 1 billion yuan ($150 million).

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