CMST Development Co., Ltd.SSE: 600787

(600787)"CMST Development Co., Ltd."Announcement on Establishment of a Joint Venture by Equity Participation and Related Party Transactions

· Issued by CMST Development Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 600787 · · 7 pages · Chinese

Summary by 6ix AI

The company will invest in a new joint venture with its indirect controlling shareholder and a non-related party, contributing a specified amount for a minority stake. This transaction is classified as a related party transaction but does not constitute a major asset restructuring. The joint venture aims to enhance logistics services in the manufacturing sector, aligning with national strategies for industry integration.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

On 6ix: 6ix.com/news/600787cmst-development-co-ltdannouncement-on-establishment-of-a-joint-venture-by-equity-participation-and-related-party-transactions

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Announcement on Establishment of a Joint Venture by Equity Participation and Related Party Transactions

The abstract is for reference only. Please refer to the full text of the announcement on the very day.

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CMST Development Co., Ltd. on 6ix

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