Zhenlan Instrument (301303.SZ) announced that Shanghai Zhenlan Precision Mold Co., Ltd., a wholly-owned subsidiary of the company (“Precision...
Zhitong Finance App News, Zhenlan Instrument (301303.SZ) announced that Shanghai Zhenlan Precision Mold Co., Ltd. (“Precision Mold”), a wholly-owned subsidiary of the company, reached a cooperation agreement with Gu Jinluan. The two parties signed an “Investment Cooperation Agreement” to jointly invest 10 million yuan to establish Wuhu Yu Xinhui Precision Plastic Technology Co., Ltd. (tentative name of the joint venture, “Yu Xinhui” or “Joint Venture”). Precision Mold holds 80% of Xinhui's shares. The joint venture is mainly engaged in auto parts injection molding, stamping and other related businesses.