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Xiamen Xgma Machinery Co Ltd to Set up Joint Venture

Wednesday, 24 Apr 2013 08:00pm EDT 

Xiamen Xgma Machinery Co Ltd announced that it will invest RMB 25.50 million to set up a joint venture with China Railway Tunneling Equipment Co., Ltd., with each to hold a 51% and a 49% stake. The joint venture will be with a registered capital of RMB 50 million and be engaged in the research, development, manufacturing and sale of tunneling machinery, and manufacturing of construction machinery products. 

Company Quote

-0.32 -3.44%
6 Mar 2015