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Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime
Provider: Sadif Analytics Prime

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Sailun Co Ltd to Set up Joint Venture

Friday, 21 Dec 2012 07:00pm EST 

Sailun Co Ltd announced that it will invest RMB 35 million to set up a joint venture with Rubber Valley and MESNAC, with each to hold a 70%, an 18% and a 12% stake. The joint venture will be with a registered capital of RMB 50 million and be engaged in the research and development of new rubber materials and technologies.