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Semk Holdings International Limited ( (HK:2250) ) has issued an announcement.
Semk Holdings International Limited has announced the formation of a joint venture with NISCO Xingbo to establish a new entity in Binhu District, Wuxi City, PRC. The joint venture, with a total registered capital of RMB37.5 million, will focus on IP-themed cultural tourism parks and related projects. Semk Tourism, a subsidiary of Semk Holdings, will hold a 60% stake in the venture, contributing RMB22.5 million, while NISCO Xingbo will hold 40%, contributing RMB15 million. This strategic move is expected to enhance Semk’s presence in the cultural tourism sector and leverage its B.Duck IP for further growth.
More about Semk Holdings International Limited
Semk Holdings International Limited, incorporated in the Cayman Islands, operates in the cultural tourism industry. The company focuses on developing IP-themed cultural tourism parks, cultural tourism project development, and retail sales of IP derivative products based on the B.Duck IP.
Average Trading Volume: 1,498,051
Technical Sentiment Signal: Sell
Current Market Cap: HK$922.1M
See more data about 2250 stock on TipRanks’ Stock Analysis page.