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BRIEF-Wangfujing Group signs strategic agreement and plans supermarket chains JV with Shouhang Supermarket
September 27, 2017 / 9:28 AM / 21 days ago

BRIEF-Wangfujing Group signs strategic agreement and plans supermarket chains JV with Shouhang Supermarket

Sept 27 (Reuters) - Wangfujing Group Co Ltd :

* Says it signed strategic agreement and plans supermarket chains JV with Shouhang Supermarket

* Says the JV will be capitalized at 100 million yuan and the company will hold 48 percent stake

Source text in Chinese: goo.gl/FHJMbN

Further company coverage: (Beijing Headline News)

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