Brief: Ta Yang Group Announces Proposed Formation Of A Joint Venture Company
15/12/2023 15:27
Dec 15 (Reuters) - Ta Yang Group Holdings Ltd 1991.HK :
* PROPOSED FORMATION OF A JOINT VENTURE COMPANY IN RELATION
TO
COMMERCIAL BATTERY CHARGING AND STORAGE BUSINESS
* ON 31 OCT, CO, CONTEMPORARY INTELLIGENCE TECHNOLOGY AND
SHENZHEN ZHONGHONG INVESTMENT ENTERED INTO A JV COOPERATION
AGREEMENT
* PARTIES INTEND TO ESTABLISH A JOINT VENTURE COMPANY NAMED
TA
YANG CONTEMPORARY NEW ENERGY SERVICES LIMITED
* JV WILL BE HELD AS TO 51% BY COMPANY
* REGISTERED CAPITAL OF JV COMPANY SHALL BE RMB10 MILLION
Further company coverage: 1991.HK
((Reuters.Briefs@thomsonreuters.com;))
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