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BRIEF- Shandong Linglong Tyre updates on establishment of intelligent equipment manufacturing JV in Shandong
November 1, 2017 / 6:01 AM / 20 days ago

BRIEF- Shandong Linglong Tyre updates on establishment of intelligent equipment manufacturing JV in Shandong

Nov 1(Reuters) - Shandong Linglong Tyre Co Ltd

* Says it plans to set up a Shandong-based intelligent equipment manufacturing JV with partner, with registered capital of 150 million yuan, instead of up to 20 million yuan previously, and the company will hold 65 percent stake in the JV, instead of 60 percent previously

* Previous plan was announced on Feb. 24

Source text in Chinese:goo.gl/LRVAzh

Further company coverage: (Beijing Headline News)

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