Kanghui Group (603139.SH) subsidiary plans to invest 91 million yuan to establish a joint venture company, Beijing Huijin.

China Fortune Financial News App News, Kanghui shares (603139.SH) announced that the company's wholly-owned subsidiary Kanghui Zhichuang will invest 91 million yuan with Beijing Wajinke Information Technology Co., Ltd. ("Wajinke") to jointly establish Beijing Huijin Zhichuang Technology Co., Ltd. ("Beijing Huijin"). The target company has a registered capital of 140 million yuan, of which Kanghui Zhichuang plans to invest 91 million yuan, accounting for 65% of the registered capital; Wajinke plans to invest 49 million yuan, accounting for 35% of the registered capital. On the same day, Kanghui Zhichuang and Wajinke signed a "Cooperation Agreement".