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BRIEF-Chuying Agro-pastoral Group announces cooperation with shaxian snacks group firm
December 20, 2016 / 3:05 AM / 9 months ago

BRIEF-Chuying Agro-pastoral Group announces cooperation with shaxian snacks group firm

Dec 20 (Reuters) - Chuying Agro-pastoral Group Co Ltd :

* Says co plans to use at least 90 million yuan to set up a restaurant chain investment JV with a group firm (shaxian snacks) and a Shanghai-based management firm, and co will hold a 45 percent stake in it

* Says co’s unit plans to use 45 million yuan to set up a media and tourism JV jointly with the group firm (shaxian snacks)’s wholly owned unit included partners, and co’s unit will hold a 45 percent stake in JV

Source text in Chinese: goo.gl/ciPZms

Further company coverage: (Beijing Headline News)

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