Zhangjiagang Oriental Energy Co., Ltd. announced that it will invest RMB 7 million to set up a joint venture with a Haian-based liquefied gas company, with each to hold a 70% and a 30% stake. The joint venture will be with a registered capital of RMB 10 million, and be engaged in the research and development of automobile energy, consultation of relative information and technologies, as well as sale and technology consultation of auto gas equipment. 

Source:reuters