Brief: Dragon victory enters into cooperation agreement with Jiawei Cao

Metalpha Technology Holding

06/11/2017 14:30

Nov 6 (Reuters) - Dragon Victory International Ltd  LYL.O : 
    * Says has entered into a strategic cooperation agreement  
with 
Jiawei Cao 
    * Says LYL and Jiawei Cao will form a joint venture in 
China, 
namely, Hangzhou Dacheng Automotive Technology Service Co. 
    * Says registered capital of Hangzhou Dacheng Automotive 
Technology Service Co will be RMB 16.66 million 
    * Says LYL and Cao will each own 60% and 40% of equity 
interest 
of HDATS, respectively 
 
Source text for Eikon:  ID:nGNXOGQKAa  
Further company coverage:  LYL.O  
 
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