Hunan TV & Broadcast Intermediary (SHE:000917) partnered with Zhanglv Group and Mango Media to establish a joint venture, according to a Shenzhen bourse filing on Thursday.
The proposed venture, Zhangjiajie Mango Cultural Tourism, will have a registered capital of 180 million yuan.
All parties will each own 33.3% of the venture after contributing 60 million yuan each, the Chinese media company said.
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