Netsun Toocle to Launch New Subsidiary
Ebrun, 11/20/12
In a November 16 public filing, Zhejiang NetSun (002095.SZ), the parent company of B2B e-commerce site Netsun Toocle, announced that it plans to establish a new subsidiary, tentatively named Zhejiang Wangsheng Guarantee (unofficial translation), in partnership with subsidiaries Ningbo NetSun Dazong Trade (unofficial translation) and Shengyibao Network. The new company will have a registered capital of RMB 100 mln, with Zhejiang NetSun, NetSun Dazong Trade, and Shengyibao Network respectively holding 50%, 30%, and 20% shares of the company.
Keywords: Wangsheng Guarantee NetSun Dazong Trade B2B e-commerce Internet Netsun Toocle Netsun 002095.SZ
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