February 8, 2017 / 3:54 AM / in 6 months

BRIEF-Shan Dong Delisi Food to set up two JVs with Bailian Group

1 Min Read

Feb 8 (Reuters) - Shan Dong Delisi Food Co Ltd:

* Says the co to form cooperation with Bailian Group on production and sales of food products

* Says two entities will set up a production JV and a sales JV, capitalized at 100 million yuan and 30 million yuan respectively

* Says the co will hold 51 percent stake in the production JV and 49 percent stake in the sales JV

Source text in Chinese:goo.gl/jOs2Hr

Further company coverage: (Beijing Headline News)

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