Beingmate announced that the company plans to establish Beingmate (Hangzhou) New Retail Co., Ltd. in Tonglu County, Hangzhou City with Tonglu Science and Innovation Industrial Development Investment Co., Ltd. under Tonglu County State-owned Assets Supervision and Administration Commission. The registered capital of the new company is 0.1 billion yuan. Beingmate will invest 80 million yuan of its own funds, accounting for 80% of the registered capital, while Tonglu Development will invest 20 million yuan of its own funds, accounting for 20% of the registered capital.
贝因美：拟与桐庐发展设新零售合资公司
Beingmate Co., Ltd. plans to jointly establish a new retail joint venture with Tonglu for development.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.