Purple River Enterprises to spend 66.53 million yuan and unified set up joint venture company

NetEase Financial December 17 News Purple River Enterprise Evening Notice said, in view of the domestic hot filling juice and tea beverage market, as well as strengthen the partnership with the Unified Enterprise, Purple River Enterprises agree holding subsidiary of Wuhan Purple River enterprises self-financing 10 million U.S. dollars and unified Enterprise jointly funded the establishment of Wuhan Purple Enterprise. Wuhan Purple Enterprise registered capital of 20 million U.S. dollars, Wuhan Purple River Enterprise Investment of 10 million U.S. dollars, accounting for 50% Equity, the United Enterprise Capital 10 million dollars, accounting for 50% Equity; The new company plans to invest four pet preform production lines, with an annual output of more than 800 million bottle embryos,　　Mainly for the unification of enterprises supporting the production of a variety of pet drink bottle preform.　　Wuhan Purple River Enterprises to use its preform manufacturing technology advantages and rich management experience, responsible for the new company's production operations, related products sold directly to the unified enterprise. This joint venture model is a positive attempt by the company in the pet preform business model, has far-reaching significance, on the one hand can strengthen with the customer in the capital level close cooperation relations, on the other hand also is the company in the management and the sale model new exploration, is advantageous to ensure the company customer, the sale and the investment return long-term stability,　　Minimize investment and operational risk. Purple River Enterprises to 6.15 yuan, down 1.13%.