Brief: Longitech Smart Energy Updates On Formation Of JV

Xinda Investment Holdings

02/07/2019 13:50

July 2 (Reuters) - Longitech Smart Energy Holding Ltd
 1281.HK :
    * UNIT, HMAC INDUSTRIAL PARK DEVELOPMENT AND INVESTMENT CO,
HMAC
URBAN DEVELOPMENT AND INVESTMENT CO TO ESTABLISH JV
    * JV TO ENGAGE IN INVESTMENT, CONSTRUCTION, OPERATION AND
MANAGEMENT OF INCREMENTAL DISTRIBUTION NETWORK AT HMAC
INDUSTRIAL PARK
    * REGISTERED CAPITAL OF JOINT VENTURE WILL BE RMB100
MILLION; 79%
REGISTERED CAPITAL WILL BE CONTRIBUTED BY UNIT

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