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Fangda Special Steel Technology Co Ltd to Establish New Subsidiary

Tuesday, 24 Sep 2013 08:00pm EDT 

Fangda Special Steel Technology Co Ltd announced that it will establish a new subsidiary, which will be engaged in restaurant business, conference services, business services, consulting and ticket services in Shanghai, with a registered capital of RMB 25 million. The Company will invest RMB 20 million and hold a 80% stake. A Shanghai-based investment company will invest RMB 5 million and hold a 20% stake. 

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