Glory View Technology to Invest 5.1 Million Yuan to Set Up Joint Venture

MT Newswires Live

07/15

Glory View Technology (SHE:301396) agreed to invest 5.1 million yuan to establish a joint venture with other investors, according to a Shenzhen bourse filing on Tuesday.

The Chinese smart city integrated service provider's shares fell 2% at the close of Wednesday's trade.

The venture, to be named Shenzhen Yuandong Zhiqi Technology, will provide computer, data processing, digital technology and information system services.

The company will own 51% of the venture.

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