BRIEF-Hanwang Technology unit to use 500,000 yuan to set up software development JV
Dec 7 Hanwang Technology :
* Says its Beijing-based subsidiary plans to use 500,000 yuan to set up a JV in Xiamen with a Beijing-based IT company and three individuals
* Says the JV with registered capital of 5 million yuan will be engaged in development of software
* Says the subsidiary will hold 10 percent stake in the JV
Source text in Chinese: goo.gl/cQyxRM
Further company coverage: (Beijing Headline News)
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