Zhongda Group Holdings (00139.HK) announced that on May 8, 2024, the company signed a conditional joint venture agreement with FMC Cayman to establish a joint venture to develop the smart and new energy vehicle market, including the production, design, R&D and sales of smart cars and related after-sales services. After subscribing for shares in the joint venture, the joint venture's issued share capital will be HK$50 million, of which 90% will be owned by the Group and 10% will be owned by FMC Cayman.
中达集团控股(00139.HK)拟与FMC Cayman 成立合资企业以发展智能及新能源汽车市场
Zhongda Group Holdings (00139.HK) plans to establish a joint venture with FMC Cayman to develop the smart and new energy vehicle market
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.