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武商集团(000501.SZ):拟与王府井共同设立合资公司 经营武汉市内免税项目

Wushang Group (000501.SZ): Plans to jointly establish a joint venture with Wangfujing Group to operate duty-free projects in Wuhan.

Gelonghui Finance ·  Dec 26 17:43

On December 26, Longzhonghui reported that Wushang Group (000501.SZ) announced that the company and Wangfujing Group Co., Ltd. (referred to as "Wangfujing") jointly invested to establish the Wangfujing Wushang Duty-Free Operation Co., Ltd. (tentative name, subject to final registration by the market supervision administration, referred to as "joint venture company"), which will operate duty-free projects in Wuhan. The registered capital of the joint venture company is 80 million yuan. Among them, the company invested 39.2 million yuan, holding a 49% stake; Wangfujing invested 40.8 million yuan, holding a 51% stake in the joint venture company.

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