Zhejiang Vie Science, Protean Electric to form joint venture  [ China ]

Zhejiang Vie Science & Technology Co., Ltd. announced that the company and Protean Electric Limited, which is owned 100% by Protean Holdings, will establish a joint venture in Zhuji, Zhejiang. The new company will be called Zhejiang Vie Zhiqu Science & Technology Co., Ltd., and will be capitalized at USD 10 million, of which 60% will be provided by Zhejiang Vie Science and 40% will be p...