Brief: Xinyang Maojian Says Unit Entered Into Project Cooperation Agreement

China Zenith Chemical

16/03/2021 15:14

March 16 (Reuters) - Xinyang Maojian Group Ltd  0362.HK :
    * XINYANG MAOJIAN-HEIHE LONGJIANG CHEMICAL AND HEIHE SHARK
TECHNOLOGY ENTERED INTO PROJECT COOPERATION AGREEMENT
    * XINYANG MAOJIAN GROUP  -  UNDER DEAL, HEIHE LONGJIANG AND
HEIHE
SHARK AGREED TO ESTABLISH  JOINT VENTURE COMPANY
    * XINYANG MAOJIAN - HEIHE SHARK TECHNOLOGY TO INJECT RMB150
MILLION INTO JV CO
    * XINYANG MAOJIAN GROUP - JV CO WILL BE HELD AS TO 50% BY
HEIHE
LONGJIANG CHEMICAL CO

Further company coverage:  0362.HK 

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