April 12, 2017 / 6:25 AM / in 7 months

BRIEF-Qinghai Huzhu Barley Wine unit to invest 1.8 mln yuan to set up business JV in Shanxi

April 12 (Reuters) - Qinghai Huzhu Barley Wine Co Ltd :

* Says its Beijing unit and partner will set up a business JV in Shanxi, which will be engaged in food wholesale and daily necessities retail business

* Says the JV will be capitalized at 3 million yuan and its unit will hold 60 percent stake in it for 1.8 million yuan

Source text in Chinese: goo.gl/kedfpt

Further company coverage: (Beijing Headline News)

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