NEW AMANTE's subsidiary plans to establish a joint venture primarily engaged in catering services
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NEW AMANTE announced that its wholly-owned subsidiary Chengdu Bazhen Yushi Catering Service Co., Ltd. will establish a joint venture with Chinese citizen Mr. Liu Wei, tentatively named Sichuan New Qichen Technology Co., Ltd. The joint venture will be registered in Chengdu and will primarily engage in food and beverage and catering services, with Bazhen Yushi and Mr. Liu holding 70% and 30% of the shares, respectively. The joint venture will focus on developing comprehensive tea beverage experience stores that integrate high-end tea service with cultural experiences
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