Jointown Pharmaceutical Group unit plans to set up JV
Wednesday, August 10, 2016
Jointown Pharmaceutical Group Co., Ltd. Says it wholly owned unit to invest 18 million yuan to set up JV in Jiangsu, with Jiangsu Yuyue Medical Equipment and Supply Co., Ltd.
Says the JV will undertake wisdom logistics cooperation project, with registered capital of 30 million yuan.
Says the unit and Jiangsu Yuyue Medical Equipment and Supply will hold 60 percent and 40 percent stake in the JV respectively.
Source : reuters.com
