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Zhejiang Orient Holdings Co Ltd to Set up Joint Venture

Wednesday, 6 Mar 2013 07:00pm EST 

Zhejiang Orient Holdings Co Ltd announced that it will invest RMB 35 million to set up a joint venture with a Zhejiang-based international trading group, a Zhejiang-based import and export company, as well as a Shanghai-based new energy technology company, with each to hold a 35%, a 10%, a 40% and a 15% stake. The joint venture will be a Zhejiang-based new energy investment company with a registered capital of RMB 100 million. 

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-0.36 -1.90%
1:59am EST