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BRIEF-Huafon Microfibre Shanghai unit to invest 1.1 mln yuan to set up limited partnership with partners
September 13, 2017 / 3:54 AM / 2 months ago

BRIEF-Huafon Microfibre Shanghai unit to invest 1.1 mln yuan to set up limited partnership with partners

Sept 13(Reuters) - Huafon Microfibre Shanghai Co Ltd

* Says its wholly owned tech unit plans to invest 1.1 million yuan to set up a Shenzhen-based industrial limited partnership with partners, and will hold a 25 percent stake in the limited partnership

* Says the new limited partnership will acquire 45 percent stake in a Shenzhen-based tech firm from the company’s wholly owned tech unit and an industrial limited partnership, for 1.2 million yuan in total

Source text in Chinese:goo.gl/sqUT2P

Further company coverage: (Beijing Headline News)

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