Zhejiang Xinan Chemical Industrial Group to invest 23.5 mln yuan to set up JV with partners
Zhejiang Xinan Chemical Industrial Group Co Ltd <600596.SS> : Says it will set up a new JV in Sichuan, with a power company and an individual . Says the JV will be engaged in the provision of silicon, and have a registered capital of 50 million yuan .Says company will hold 47 percent stake (23.5 million yuan) in the JV.
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