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Consumer Discretionary Dec 20, 2021 06:39 PM (GMT+8) · EqualOcean
Financial Associated Press, Dec. 20 - Tianyu ecology announced that the company plans to jointly invest with Beijing Haofeng and Shi Dongwei to establish a joint venture Shanghai Tianyu Haofeng Energy Storage Technology Co., Ltd. (tentative name). Among them, the company invested 7.5 million yuan with its own funds, accounting for 75% of the equity of the joint venture; Beijing haofengguang invested RMB 2 million, accounting for 20% of the equity of the joint venture; Mr. Shi Dongwei contributed RMB 500000, accounting for 5% of the equity of the joint venture.

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