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Shenzhen Seg Co., Ltd. to Set up Joint Venture
Shenzhen Seg Co., Ltd. announced that it will set up a joint venture with Shenzhen Electronics Group Co., Ltd, a Shenzhen-based industrial company and a Shenzhen-based property development company, with each to hold a 36% (the Company), a 38%, a 16% and an 8% stake. The joint venture will be a Shenzhen-based microfinance company with a registered capital of RMB 150 million.
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