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Nanjing Xingang High-Tech Co Ltd to Set up Joint Venture

Monday, 21 Jan 2013 07:00pm EST 

Nanjing Xingang High-Tech Co Ltd announced that it will invest RMB 40 million to set up a joint venture with Bank of Nanjing, with each to hold a 20% (the Company) and an 80% stake. The joint venture will be a Shanghai-based fund management company with a registered capital of RMB 200 million.