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Yinchuan Xinhua Commercial (Group) Co Ltd to Establish Joint Venture

Friday, 27 Sep 2013 08:00pm EDT 

Yinchuan Xinhua Commercial (Group) Co Ltd announced that it has decided to establish a joint venture with a Beijing-based diamond trading company and an individual. The joint venture will be engaged in operation of diamond department store, with a registration capital of RMB 8 million, based in Ningxia province. The Company, the Beijing-based company and the individual will hold a 60% stake, a 19% stake and a 21% stake in the joint venture. 

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-0.24 -1.65%
19 Dec 2014