(600030) &qu
(600175) &qu
Jan
15
The Company held the 32nd session of the 5th directorate meeting on January 14, 2009, which discussed and agreed that the Company's subsidiary Shanghai CoRun Venture Capital Co., Ltd. (Shanghai CoRun, with 80% equity controlled by the Company) plans to jointly establish Hangzhou Internet Venture Capital Co., Ltd. (temporary name) with Hangzhou Hi-Tech Venture Capital Co., Ltd. and Hangzhou Hi-Tech Venture Capital Management Co., Ltd., with the registered capital of RMB100 million. Thereinto, Shanghai CoRun contributes RMB75 million in cash, accounting for 75% of the total shares of the newly established company. Relevant agreement has not been signed yet.
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