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Huafa Industrial Co Ltd Zhuhai to Set up Joint Ventures


Monday, 4 Feb 2013 07:00pm EST 

Huafa Industrial Co Ltd Zhuhai announced that it will invest RMB 2 million to set up a joint venture, a Beijing-based investment company with a registered capital of RMB 10 million, with its wholly owned subsidiary, a Zhuhai-based development company, with each to hold a 20% and an 80% stake. The Company's two wholly owned subsidiaries, another Zhuhai-based development company and a Zhuhai-based management advisory company, will respectively invest RMB 80 million and RMB 20 million to set up another joint venture, a Zhuhai-based trading company with a registered capital of RMB 100 million, with each to hold an 80% and a 20% stake. 

Company Quote

6.13
0.01 +0.16%
9:37pm EDT