Brief: Hope Life International Says Unit Entered JV Agreement With Jiangxi Gushan Wine

Hope Life International Holdings

15/10/2020 16:25

Oct 15 (Reuters) - Hope Life International Holdings Ltd
 1683.HK :
    * UNIT ENTERED JV AGREEMENT WITH JIANGXI GUSHAN WINE
    * JIANGXI JV WILL BE ENGAGED PRINCIPALLY IN PRODUCTION,
SALES OF
FOOD, BEVERAGE PRODUCTS & RELEVANT IMPORTS, EXPORTS
    * UNDER JV AGREEMENT, JIANGXI JV WILL BE ESTABLISHED IN
JIANGXI
PROVINCE
    * PROPOSED REGISTERED CAPITAL OF JIANGXI JV WILL BE RMB 50
MILLION
    * UPON ESTABLISHMENT, JIANGXI JV WILL BECOME A 70% OWNED
SUBSIDIARY OF CO

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