National United Resources Holdings Forms Joint Venture to Enter New Energy, Health, and Tourism Sectors

Reuters
Dec 03
National United Resources Holdings Forms Joint Venture to Enter New Energy, Health, and Tourism Sectors

National United Resources Holdings Limited has announced the establishment of a joint venture with Shiji Chuanglian, Huihua Culture, and APIF. The joint venture will have a registered capital of RMB100 million, aimed at supporting initial operations in the sectors of cultural tourism, health consumer products and supplements, and new energy. The preliminary allocation of resources will be approximately 30% to cultural tourism, 30% to health consumer products and supplements, and 40% to new energy. This collaboration enables National United Resources Holdings Limited to diversify its business portfolio and enter emerging sectors with reduced investment risk.

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