February 5, 2018 / 9:45 AM / 3 months ago

BRIEF-Fujian Raynen Technology to set up embroidery machine computer control system related JV

Feb 5(Reuters) - Fujian Raynen Technology Co Ltd

* Says co and partners plan to jointly invest 36 million yuan to set up a JV, which will be mainly engaged in embroidery machine computer control system related business

* Says co will hold 70 percent stake in the JV

Source text in Chinese: goo.gl/Bys1NX

Further company coverage: (Beijing Headline News)

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