March 3, 2017 / 2:57 PM / 5 months ago

BRIEF-GCL New Energy Holdings says unit entered into JV agreement

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March 3 (Reuters) - Gcl New Energy Holdings Ltd:

* Suzhou GCL New Energy, a unit, and GCL System Suzhou entered into JV agreement

* Initial registered capital of JV company shall be and capital rmb200 million

* Pursuant agreement, Suzhou GCL New Energy and GCL System Suzhou agreed to invest rmb102 million and rmb98 million into jv co

* Purpose of jv co is design, procurement and construction of photovoltaic power station opportunities sourced by GCL System Suzhou Source text for Eikon: Further company coverage:

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