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Anhui Xinhua Media Co Ltd to Set up Joint Venture
Anhui Xinhua Media Co Ltd announced that the Company will invest RMB 30 million to set up a joint venture with a Beijing-based publishing and media group company, with teach to hold a 60% and a 40% stake. The joint venture will be with a registered capital of RMB 50 million and engaged in the computer technology advisory, development and research of network technology, communication engineering technology, and electronic technology.
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