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China South Publishing & Media Group Co Ltd to Set up Joint Venture with Hunan Publishing Investment Holding Group Company Ltd


Thursday, 10 Oct 2013 08:00pm EDT 

China South Publishing & Media Group Co Ltd announced that it will set up a joint venture with Hunan Publishing Investment Holding Group Company Ltd. The joint venture capitalized at RMB 1 billion will be engaged in provision of financial advisory, insurance agency, guarantee, entrusted loan, settlement and leasing services in Changsha. The company will hold 70% stake and Hunan Publishing Investment Holding Group will hold 30% stake in the joint venture. 

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