$CHINASILVER TEC (00515.HK)$ [Share Link: Chinasilver tec](0...

Chinasilver tec(0.107, 0.00, 0.00%)(00515.HK) announced on July 7, 2023 that its subsidiary (a subsidiary with 100% equity held by the company) and the joint venture partner have reached a joint venture agreement to establish, invest in, and manage a joint venture company in China. According to the joint venture agreement, the registered capital of the joint venture company at the time of establishment is RMB 10 million, with the subsidiary of the listed company contributing 51% (RMB 5.1 million) in cash, and the joint venture partner contributing 49% (RMB 4.9 million).