Self-instrument shares and the British IMI signed a memorandum to establish a joint venture company

Source: Internet
Author: User
Keywords Shares Memos
Self-instrument shares (600848) the company recently signed a memo on the establishment of a joint venture with the British IMI, according to a notice released late in Thursday.  The company and the UK IMI will set up a joint venture to introduce, digest and absorb the relevant nuclear power control valve technology, and to undertake the design, manufacture and sale of its own responsibility within the established area.  The UK IMI is the world's leading manufacturer of application valves for severe operating conditions, and its valves and related products have been widely used in the global nuclear power industry, the bulletin said. At present, the two sides on the basis of the signing of the joint Venture memorandum, on the specific issues of investment in the establishment of joint ventures to further feasibility study and analysis, according to relevant laws and regulations to draft relevant legal documents and the implementation of the relevant approval procedures. At the same time, the relevant government departments have yet to be approved. To this end, the matter remains uncertain. (Panorama network/intern Cao Shengje)
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