Brief: Shineco, Inc. Enters Into Strategic Cooperation Frame Agreement With Shenzhen Datong Industrial Co., Ltd
22/04/2019 13:42
April 22 (Reuters) - Shineco Inc TYHT.O :
* SHINECO, INC. ENTERS INTO STRATEGIC COOPERATION FRAME
AGREEMENT
WITH SHENZHEN DATONG INDUSTRIAL CO., LTD
* SHINECO INC - FRAMEWORK AGREEMENT WITH SHENZHEN DATONG TO
ESTABLISH A NEW JOINT VENTURE DATONG NEWHEMP LLP
* SHINECO INC - BOTH PARTIES AGREE TO INVEST UP TO RMB 1
BILLION
FOR DATONG NEWHEMP LLP
* SHINECO INC - PARTIES PLAN TO ESTABLISH SEPARATE
SUBSIDIARIES
AS GENERAL PARTNERS OF PARTNERSHIP
Source text for Eikon: ID:nGNX9d8mNh
Further company coverage: TYHT.O
((Reuters.briefs@thomsonreuters.com;))
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