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BRIEF-Shenzhen Yitoa Intelligent Control to use 51 mln yuan to jointly set up intelligent control products hardware and software company
December 21, 2016 / 8:05 AM / a year ago

BRIEF-Shenzhen Yitoa Intelligent Control to use 51 mln yuan to jointly set up intelligent control products hardware and software company

Dec 21 (Reuters) - Shenzhen Yitoa Intelligent Control :

* Says it plans to use 51 million yuan to jointly set up a company in Shenzhen with an individual and a Shenzhen-based investment company

* Says the new company with registered capital of 100 million yuan will be engaged in development, production an sale of hardware and software of intelligent control products

* Says it will hold 51 percent stake in the new company

Source text in Chinese: goo.gl/ZbpN5u

Further company coverage: (Beijing Headline News)

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