Core Viewpoint - Zhongwei Zhima (08041.HK) announced the establishment of a joint venture in mainland China with Nanjing Zhongke, aiming to develop and sell anti-counterfeiting technology products [1] Group 1 - The joint venture will be owned 51% by Huicui (Hong Kong) and 49% by Nanjing Zhongke [1] - Huicui (Hong Kong) will control the board of directors of the joint venture [1] - The joint venture will be accounted for as a subsidiary of the company [1]

Core Viewpoint - The company announced a framework agreement to establish a joint venture in mainland China, focusing on the development and sales of anti-counterfeiting technology products [1] Group 1 - The joint venture will be established between the company's wholly-owned subsidiary, Huicui (Hong Kong), and Nanjing Zhongke, with Huicui (Hong Kong) holding 51% and Nanjing Zhongke holding 49% [1] - Huicui (Hong Kong) will control the board of directors of the joint venture, which will be accounted for as a subsidiary of the company [1] - Nanjing Zhongke is controlled by the company's chairman and executive director, Mr. Zhang Weihong, making it a related party of the company [1]

Core Viewpoint - The company Zhongwei Zhima (08041) has announced a framework agreement to establish a joint venture in mainland China, focusing on the development and sales of anti-counterfeiting technology products [1] Group 1: Joint Venture Details - The joint venture will be established between the company's wholly-owned subsidiary Huicui (Hong Kong) and Nanjing Zhongke, with Huicui (Hong Kong) holding 51% and Nanjing Zhongke holding 49% of the shares [1] - Huicui (Hong Kong) will control the board of directors of the joint venture, which will be accounted for as a subsidiary of the company [1] Group 2: Related Party Information - Nanjing Zhongke is controlled by Zhang Weihong, who is the chairman and executive director of the company, making Nanjing Zhongke a related party [1]

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