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Jiangsu Zhongtian Technology Co Ltd to Set up Joint Venture
Jiangsu Zhongtian Technology Co Ltd announced that it will invest RMB 85 million to set up a joint venture with a Jiangsu-based technology company, with each to hold an 85% and a 15% stake. The joint venture will be with a registered capital of RMB 100 million and be engaged in the production and sale of lithium battery and production materials, development of lithium battery technologies and integration, as well as production of electronic components.
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