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BRIEF-Tianjin Zhonghuan Semiconductor signs JV deal, boosts units' capital
February 22, 2017 / 10:03 AM / in 8 months

BRIEF-Tianjin Zhonghuan Semiconductor signs JV deal, boosts units' capital

Feb 22 (Reuters) - Tianjin Zhonghuan Semiconductor Co Ltd

* Says it plans to set up JV SunPower Systems International Ltd in Hong Kong with Dongfang Electric Corporation, Sunpower Energy Corporation Ltd

* Says it plans to boost two units’ capital by a combined 532.5 million yuan ($77.42 million)

Source text in Chinese: bit.ly/2l77aBK; bit.ly/2l7aBbP

Further company coverage: ($1 = 6.8778 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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