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Zhejiang Fu Run (600070): Two New Subsidiaries Have Completed The Registration Procedures.
600070.SH announced that the company announced the announcement of the two new subsidiary companies in December 11, 2019. The company intends to invest RMB 100 million to set up Zhejiang Fu run chain Technology Co., Ltd., to invest RMB 50 million yuan to set up Zhejiang Fortune Technology Co., Ltd. in Zhejiang.
As of December 20, 2019, two new subsidiaries have completed the registration procedures and obtained the "business license" of the Hangzhou hi tech Development Zone (Binjiang) market supervision and Administration Bureau.
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