Brief: China Zhengtong Auto Services Says Unit And Itg New Energy Entered Cooperation Deal To Set Up JV

China Zhengtong Auto Services Holdings

16/06/2023 14:22

June 16 (Reuters) - China ZhengTong Auto Services
Holdings Ltd  1728.HK :
    * UNIT AND  ITG NEW ENERGY ENTERED INTO COOPERATION
AGREEMENT TO
ESTABLISH JV
    * REGISTERED CAPITAL OF JOINT VENTURE WILL BE RMB20 MILLION
    * PARTIES TO ESTABLISH JOINT VENTURE TO PRINCIPALLY ENGAGE
IN NEW
ENERGY SERVICE BUSINESSES
    * JV WILL BE OWNED AS TO 35% AND 65% BY UNIT AND ITG NEW
ENERGY,
RESPECTIVELY

Further company coverage:  1728.HK 

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