BRIEF-China Haisheng Juice Holdings Announces Formation Of JV Company

March 17 (Reuters) - China Haisheng Juice Holdings Co Ltd :

* UNIT ENTERS JV AGREEMENT WITH NINGXIAN JUNONG, NINGXIAN JINNONG AND FRUIT INDUSTRY BUREAU

* JVCO WILL HAVE REGISTERED CAPITAL OF RMB50 MILLION

* JV CO TO HAVE REGISTERED CAPITAL OF RMB50 MILLION

* UPON COMPLETION, JV CO TO BE OWNED 78% BY SHAANXI CHAOYUE, 4% BY NINGXIAN JUNONG, 6% BY NINGXIAN JINNONG RESPECTIVELY

* AGREEMENT TO FORM JV CO IN NING XIAN IN GANSU PROVINCE, PRC

* JV CO WILL BE PRINCIPALLY ENGAGED IN FRUIT PLANTATION,STORAGE AND SALE OF FRUITS AND OTHER AGRICULTURAL PRODUCTS Source text for Eikon: Further company coverage: