April 12, 2018 / 2:48 AM / in 2 months

BRIEF-Huangshan Tourism Development to invest 49 mln yuan to set up Huangshan-based investment company with partner

April 12(Reuters) - Huangshan Tourism Development Co Ltd :

* Says it will invest 49 million yuan to set up a Huangshan-based investment company with partner

* Says it will hold 49 percent stake in the target company

Source text in Chinese: goo.gl/LjY45g

Further company coverage: (Beijing Headline News)

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