Brief: China Glass Holdings Says Unit & Suqian Bochen Entered Into JV Agreement To Establish JV Co In PRC

China Glass Holdings

19/04/2021 11:29

April 19 (Reuters) - China Glass Holdings Ltd  3300.HK :
    * UNIT & SUQIAN BOCHEN ENTERED INTO JV AGREEMENT TO
ESTABLISH JV
CO IN PRC
    * AGGREGATE REGISTERED CAPITAL OF JV CO EXPECTED TO BE
RMB200
MILLION
    * JV TO ESTABLISH A PHOTOVOLTAIC ULTRA-WHITE ROLLED GLASS
PRODUCTION BASE IN PRC
    * UNIT WILL CONTRIBUTE RMB142 MILLION TO JV
    * JV CO WILL BE 71%-OWNED BY UNIT OF CO

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Further company coverage:  3300.HK 

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