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BRIEF-Renrenle Commercial Group to set up commercial factoring JV in Shenzhen
August 18, 2017 / 7:06 AM / in 3 months

BRIEF-Renrenle Commercial Group to set up commercial factoring JV in Shenzhen

Aug 18(Reuters) - Renrenle Commercial Group Co Ltd

* Says it plans to set up a commercial factoring JV with an investment development firm, with registered capital of 100 million yuan, in Shenzhen

* Says the company will hold a 90 percent stake in the JV

Source text in Chinese:goo.gl/d2VaM5

Further company coverage: (Beijing Headline News)

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