Where is Youngman Automobile produced?

[LaColin]

Youngman Automobile is produced in Jinhua City, Zhejiang Province. Acquisition of German Enterprise: On July 30, 2012, the Zhejiang Provincial Development and Reform Commission issued an approval document announcement, agreeing to Youngman Automobile Group Co., Ltd.'s acquisition of a partial equity project in German Wiesmann Bus Co., Ltd. Data shows that Wiesmann Company was established in 2008. Acquisition of Spyker: On August 27, Youngman Automobile signed a framework agreement with Dutch luxury sports car manufacturer Spyker Cars to acquire 29.9% of Spyker's shares and jointly invest in establishing two joint venture subsidiaries with the other party. This involves forming three major business sectors through a combination of capital increase, capital injection, intellectual property, and brand asset investments to achieve the future overall development strategy.