Jinlihua Electronics Company plans to invest in a joint venture company Beijing Twelve Happiness with related parties
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Jinlihua Electric announced that its holding subsidiary, Central China Times, plans to jointly invest in the joint venture company Beijing Twelve Joy with related party Wang Keran, with a total capital increase of 21 million yuan. Central China Times will increase its capital by 10 million yuan, while Wang Keran will increase his capital by 11 million yuan, raising the registered capital of the joint venture company to 22 million yuan. Beijing Twelve Joy will focus on the content production of high-quality variety shows, aiming to integrate industry resources, enhance competitiveness, and promote the future development of Central China Times
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