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Shanghai Dazhong Public Utilities (group) Co Ltd to Establish Joint Venture with Subsidiary and Three Other Companies including Shanghai Jialeng Songzhi Automobile Aircondition Co Ltd


Tuesday, 15 Oct 2013 08:00pm EDT 

Shanghai Dazhong Public Utilities (group) Co Ltd announced that it will establish a joint venture, which will be engaged in micro-credit business in Shanghai, with its subsidiary, Shanghai Jialeng Songzhi Automobile Aircondition Co Ltd and two other companies. The Company, its subsidiary, Shanghai Jialeng Songzhi Automobile Aircondition Co Ltd and the two other companies will hold 30%, 20%, 10%, 20% and 10% stakes in the joint venture, respectively. 

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