Rongfeng Holdings (000668) announced on the evening of July 11 that the company plans to establish Guangdong Rongkong Weihua International Logistics Co., Ltd. (“Joint Venture”) as a joint venture through the wholly-owned subsidiary Guojin Development Co., Ltd. (“Joint Venture”) to carry out cross-border logistics business. The registered capital of the joint venture is 20 million yuan. The shareholding ratios of Guojin Development and Lulubi Investment are 51% and 49% respectively.
荣丰控股：拟设控股子公司 开展跨境物流业务
Rongfeng Holdings: Proposed establishment of a holding subsidiary to carry out cross-border logistics business
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