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9 months ago
BRIEF-Hanwang Technology unit to use 500,000 yuan to set up software development JV
December 7, 2016 / 7:04 AM / 9 months ago

BRIEF-Hanwang Technology unit to use 500,000 yuan to set up software development JV

Dec 7 (Reuters) - 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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