BRIEF-We Solutions Says Jemmell, Glm And Co Entered Into Joint Venture Agreement

Nov 12 (Reuters) - We Solutions Ltd:

* JEMMELL, GLM AND COMPANY ENTERED INTO JOINT VENTURE AGREEMENT

* REGISTERED CAPITAL OF JV COMPANY WILL BE RMB700.0 MILLION

* JV CO IN PRC TO ENGAGE PRIMARILY IN DESIGN, RESEARCH AND DEVELOPMENT, AND PRODUCTION OF NEVS AND RELATED AUTOMOBILE PARTS

* UNDER JV DEAL, JEMMELL, GLM & CO TO CONTRIBUTE RMB400 MILLION, RMB200 MILLION & RMB100 MILLION RESPECTIVELY Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)