Zongshen PEM Power Systems Inc. (ZPP.V) said it signed an agreement with its major shareholder, Zongshen Industrial Group to amend the Master Support Agreement that was signed and announced in January 2008.
The amending agreement grants Zongshen PEM Power Systems, the exclusive global rights to the production and sale of low emission gas motorbikes with an engine capacity of up to 50cc's.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.