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OYO Corp to Establish New Joint Venture with Tianjin-based Company

Tuesday, 18 Sep 2012 02:15am EDT 

OYO Corp announced that it will establish a new joint venture, which will be engaged in the production and sale of monitoring machine for geological features disaster use in Tianjin, China, with a Tianjin-based Company, in November 2012. The joint venture will be capitalized at RMB 20,000,000, and will start businesses in April 2013. The Company and the Tianjin-based company will hold 48% and 52% stakes in the joint venture, respectively. 

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15.0 +0.92%
14 Jul 2014