Brief: China Haisheng Juice Says Shaanxi Chaoyue & Gulang Poverty Alleviation To Establish JV Co

China Haisheng Juice Holdings Co

16/01/2020 12:27

Jan 16 (Reuters) - China Haisheng Juice Holdings Co Ltd
 0359.HK :
    * SHAANXI CHAOYUE AND GULANG POVERTY ALLEVIATION HAVE AGREED
TO
ESTABLISH JV CO
    * JV CO WILL HAVE REGISTERED CAPITAL OF RMB40.00 MILLION
    * SHAANXI CHAOYUE & GULANG POVERTY ALLEVIATION TO GIVE
RMB32.00
MILLION AND RMB8.00 MILLION, RESPECTIVELY
    * JV CO WILL BE PRINCIPALLY ENGAGED IN MODERNIZED EXTENSIVE
PLANTATION AND SALE OF APPLE AND OTHER FRUITS
    * SHAANXI CHAOYUE WILL OWN 80% OF STAKE OF JV CO

Source text for Eikon:  ID:nHKS9Swphq 
Further company coverage:  0359.HK 

 ((Reuters.Briefs@thomsonreuters.com;))