Original title: Ronghui International (00990.HK) joint venture invests in ferroalloy-related projects Source: AAFN

Ronghui International announced that Yihuang, a wholly-owned subsidiary, has entered into joint venture agreements with Zhongtian Steel, Shanxi Jinnan and Yongfeng Group to establish joint ventures to mainly invest in ferroalloy-related projects in China. The registered capital of the joint venture is expected to be RMB 1 billion, with these companies accounting for 51%, 20%, 20% and 9% respectively. (ic/k) ~ ASDAQ Financial News Website: www.aastocks.com