Brief: Chong Kin Group Says Unit Entered Into JV Agreement With Henan Ping Mei

Chong Kin group

27/11/2018 14:12

Nov 27 (Reuters) - Chong Kin Group Holdings Ltd  1609.HK :
    * UNIT ENTERED INTO JV AGREEMENT WITH HENAN PING MEI IN
RELATION
TO FORMATION OF JV COMPANY IN PRC
    * PURSUANT TO JV AGREEMENT, REGISTERED CAPITAL OF JV CO WILL
BE
RMB50 MILLION
    * FORMATION OF JV CO IN PRC TO ENGAGE IN BUSINESS OF
ASSEMBLING
LITHIUM-ION BATTERY MODULES AND PACKS

Source text (https://bit.ly/2BzJAIy)
Further company coverage:  1609.HK 

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