Brief: Lumina Group Announces Formation Of Joint Venture Company
09/01/2023 13:33
Jan 9 (Reuters) - Lumina Group Ltd 1162.HK :
* FORMATION OF JOINT VENTURE COMPANY
* ENTERED INTO JOINT VENTURE AGREEMENT WITH SHANGHAI RUQIONG
NETWORK TECHNOLOGY
* UNDER JV AGREEMENT, CAPITAL CONTRIBUTION WILL BE RMB8
MILLION
* JOINT VENTURE COMPANY TO ENGAGE IN SHORT VIDEOS PRODUCTION
AND
OPERATION BUSINESS
* JOINT VENTURE COMPANY WILL BE OWNED 60% BY UNIT
Further company coverage: 1162.HK
((Reuters.Briefs@thomsonreuters.com;))
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