Chongqing Department Store: the subsidiary intends to participate in the business of smart brand new energy vehicles
Chongqing department store announced that the company agreed that its wholly-owned subsidiary Chongqing Shangshe Automobile Trade Co., Ltd. (hereinafter referred to as "Shangshe automobile trade") and Shanghai Bayin Yimu enterprise management partnership (limited partnership) (hereinafter referred to as "Shanghai Bayin") would jointly invest in the establishment of Chongqing Shangshe Bayin automobile sales service Co., Ltd. (tentative name) to operate smart brand new energy vehicle business. The registered capital of the joint venture is 10 million yuan. The automobile trade of the commercial agency contributes 5.1 million yuan in currency, holding 51%, and Shanghai Bayin contributes 4.9 million yuan in currency, holding 49%.
This text is a result of machine translation.
Briefing Dec 19, 2023 10:56 AM
EcoFlow Fined 100 Million Euros from EU, Sources Say
In-depth
Consumer Staples
The Billion-Dollar European Caviar Business, Now Disrupted by China
In the kitchen of a Michelin three-star restaurant in Beijing, the chef carefully opens a tin of black "treasures." Each translucent caviar pearl inside is immensely valuable, with prices reaching as high as 10,000 RMB per kilogram. Yet this "black gold" caviar does not come from the Caspian Sea or the Volga River. Instead, it originates from Quzhou, Zhejiang, China. This seemingly impossible fact marks a silent revolution in the Chinese caviar industry.
Nov 08, 2024 01:52 PM
Briefing Oct 20, 2023 06:03 PM
· Technology
China’s OpenAI Challenger Zhipu AI Secures Over CNY 2.5 Billion to Step Further on Large-Scale Model
Jan 30, 2024 07:59 PM
Dec 11, 2023 08:49 PM
May 11, 2023 05:07 PM
Jan 06, 2023 08:30 AM
Briefing Oct 18, 2023 07:02 PM
UAE Bets Big on Renewable Energy, Expects to Invest Over USD 160 Billion in Next 30 Years
Briefing Oct 18, 2023 07:01 PM
Wind Power is Propelled into a New Phase of Extraordinary Growth
Briefing Oct 08, 2023 06:27 PM
Shenzhen Sets Ambitious Goals for Green and Innovative Industries: Aiming for CNY 100 Billion in New Energy Industry Value
Briefing Oct 08, 2023 06:20 PM
Shenzhen Targets 1 Million Kilowatts of Virtual Power Plant Load Regulation by 2025
Consumer Discretionary · Analysis
Black Friday Kicks Off: How to Navigate the Latin American Market?
Nov 20, 2024 10:36 AM
Consumer Staples, Consumer Discretionary · Interview
Exploring Uncharted Territories in the Middle East: The Innovators Going Global
In the distant Middle East, there is a land of challenges and opportunities, where deserts and oases intertwine and ancient civilisations collide with modern commerce.
Nov 19, 2024 03:20 PM
Briefing Oct 08, 2023 06:15 PM
Shenzhen Accelerates Drive Towards Green Construction: Over 100 Projects to Join Smart Construction Pilot by 2025
Briefing Sep 26, 2023 06:28 PM
SPIC Smart Energy Corporation and Tencent Cloud Officially Signs a Strategic Cooperation Agreement
Briefing Sep 26, 2023 06:27 PM
SVOLT is Poised to Ship 1.6 Million Units Domestically this Year
Brazil Establishes Restoration and Bioeconomy Finance Coalition
Nov 18, 2024 07:17 PM
Briefing Sep 20, 2023 12:51 PM
Chinese Insurtech QingSong Health Marks 9th Anniversary with Bold Steps Towards a Healthier China
Briefing Sep 18, 2023 07:40 PM
· Technology
4Paradigm Initiates IPO Today and Targets HKSE on September 28
Briefing Sep 18, 2023 07:38 PM
· Automotive
Electric Vehicles to Account for Two-thirds of Global Vehicle Sales by 2030
See more
Read next
Insight
In-depth
Consumer Discretionary · Analysis
Black Friday Kicks Off: How to Navigate the Latin American Market?
Nov 20, 2024 10:36 AM
Insight
In-depth
Consumer Staples, Consumer Discretionary · Interview
Exploring Uncharted Territories in the Middle East: The Innovators Going Global
Nov 19, 2024 03:20 PM
Insight
In-depth
Insight
In-depth
Consumer Staples
The Billion-Dollar European Caviar Business, Now Disrupted by China
Nov 08, 2024 01:52 PM