Proposed 400 million Yuan joint venture investment company

Source: Internet
Author: User
Keywords Joint investment equity participation Shenzhen City
Dr. Peng (600804) announced that the company wholly-owned subsidiary of Shanghai Road Fung Investment Co., Ltd. is to invest 400 million yuan and Shenzhen Rodda Electronic Technology Co., Ltd., Shenzhen Liming Thai Investment Co., Ltd. Joint venture to set up joint investment company, mainly for short-term financial investment. Joint investment company registered capital of 1.1 billion yuan, Shanghai Road Fung for the second largest shareholder, the shareholding ratio of 36.36%. Shenzhen liming Thai Investment Co., Ltd. is the largest shareholder, the shareholding ratio of 50%. The company believes that Shanghai road HSBC through the joint investment Company to participate in short-term project investment, the return on investment will improve the overall income level of listed companies.
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