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2023 China Ludao Technology Co News Story

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Brief: China Ludao Technology Co announces formation of JV

Sept 11 (Reuters) - China Ludao Technology Co Ltd  2023.HK  
    * Ludao PRC, Sinopharm TCM and Lu Xian Cao Tang entered into 
capital contribution agreement 
    * Registered capital of joint venture is RMB100 million 
    * JV would develop projects for research and development, 
manufacture and sale of medical and edible aerosol products 
    * Capital contribution percentages are Ludao Prc 51 percent, 
Sinopharm Tcm 25 percent, Lu Xian Cao Tang 24 percent 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS6gQq5p 
Further company coverage:  2023.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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