ST LANZHOU HUANGHE plans to invest 35.7 million yuan to establish a holding subsidiary
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ST LANZHOU HUANGHE plans to invest CNY 35.7 million to jointly establish a joint venture company, Lanzhou Yellow River (Chongqing) Beverage Co., Ltd., with Chongqing Chengbiao Agricultural Development Co., Ltd. and Yancheng Silk Road Anlu Equity Investment Partnership. The registered capital is CNY 70 million, with a shareholding ratio of 51%. This move aims to optimize the company's strategic layout and enhance market competitiveness, particularly in the investment and development of the juice sector. The joint venture will be included in the company's consolidated financial statements and will become a subsidiary
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