January 12, 2017 / 6:42 AM / 6 months ago

BRIEF-Shanghai Hi-tech Control System plans two JVs in Shanghai

1 Min Read

Jan 12 (Reuters) - Shanghai Hi-tech Control System Co., Ltd. :

* Says it plans to set up a intelligent tech JV in Shanghai, with investment of 5.1 million yuan

* Says the JV to be capitalized at 10 million yuan and the co to hold 51 percent stake in it

* Says its controlling unit plans to set up new energy tech JV in Shanghai, with investment of 51 million yuan

* Says the JV to be capitalized at 100 million yuan and the unit to hold 51 percent stake in it

Source text in Chinese:rrd.me/bjA5M; rrd.me/bjA7R

Further company coverage: (Beijing Headline News)

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