Brief: Jin Medical International Ltd Announces Joint Venture With Shanghai Sdoma Smart Technology Co

Jin Medical International

29/06/2023 13:12

June 29 (Reuters) - Jin Medical International Ltd
 ZJYL.O :
    * JIN MEDICAL INTERNATIONAL LTD. ANNOUNCES JOINT VENTURE
WITH
SHANGHAI SDOMA SMART TECHNOLOGY CO.
    * JIN MEDICAL INTERNATIONAL LTD- JV DEDICATED TO PRODUCTION
AND
SALES OF RANGE OF HIGH-QUALITY ELECTRIC WHEELCHAIR AND MOBILITY
SCOOTER PRODUCTS
    * JIN MEDICAL INTERNATIONAL LTD- PURSUANT TO DEAL, JV WILL
BE SET
UP IN SHANGHAI WITH INVESTMENT OF UP TO ABOUT RMB50 MILLION IN
NEXT THREE YEARS
    * JIN MEDICAL INTERNATIONAL LTD-60% OF FUNDING SHALL BE
CONTRIBUTED BY JINMED AND REMAINING 40% SHALL BE CONTRIBUTED BY
SDOMA

Source text for Eikon:  ID:nGNX3KPzv8 
Further company coverage:  ZJYL.O 

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