June 14, 2017 / 2:57 AM / 2 months ago

BRIEF-Zhejiang Longsheng Auto Parts unit plans structuring tech JV worth 100 mln yuan with partners

June 14(Reuters) - Zhejiang Longsheng Auto Parts Co Ltd :

* Says its wholly owned subsidiary plans to invest 51 million yuan to set up a structuring technique JV in Shenzhen with partners

* The JV will be capitalized at 100 million yuan and the company will hold a 51 percent stake in it

Source text in Chinese: goo.gl/HPhYBH

Further company coverage: (Beijing Headline News)

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