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BRIEF-Jiangxi Zhengbang Technology's shareholder to add stake in the company, unit plans JV
June 12, 2017 / 9:53 AM / 3 months ago

BRIEF-Jiangxi Zhengbang Technology's shareholder to add stake in the company, unit plans JV

June 12 (Reuters) - Jiangxi Zhengbang Technology Co Ltd

* Says controlling shareholder plans to add 150-200 million yuan ($22.06-29.42 million) worth of shares in the company within twelve months

* Says unit plans to set up JV with investment of 183.9 million yuan with partners

Source text in Chinese: bit.ly/2rm8VO8; bit.ly/2seq3Ju

Further company coverage: ($1 = 6.7981 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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