Meorient: Plans to establish a holding subsidiary with an investment of 51 million yuan
Meorient announced that the company plans to jointly invest 51 million yuan with Panex WD International Limited to establish PanDing Meorient Supply Chain Management Co., Ltd. The registered capital of the joint venture is 100 million yuan, with Meorient's subscription ratio being 51%. This move aims to enhance synergy through resource integration and complementary advantages, jointly explore international markets, and promote the company's sustainable development. The investment funds will come from its own funds and will not have a significant adverse impact on the company's financial and operational status
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