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BRIEF-Hangzhou Huaxing Chuangye Communication Technology plans fund and to boost unit's capital to 200 mln yuan
December 7, 2017 / 7:56 AM / 8 days ago

BRIEF-Hangzhou Huaxing Chuangye Communication Technology plans fund and to boost unit's capital to 200 mln yuan

Dec 7 (Reuters) - Hangzhou Huaxing Chuangye Communication Technology Co Ltd

* Says it plans Hangzhou-based investment fund with a registered capital of 60 million yuan and hold 75 percent stake in the JV after transaction

* Says it will boost Shanghai-based communication tech unit’s capital to 200 million yuan from 100 million yuan

Source text in Chinese:goo.gl/ETnaTF;goo.gl/9DP83u

Further company coverage: (Beijing Headline News)

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