JD.com invests 20 million into a subsidiary covering medical devices

Beijing Jingdong Century Trading Co., Ltd., the main body of JD.com ‘s operation, added a foreign investment of 20 million yuan to set up a wholly-owned subsidiary-Shanxi Jingdong Minghui Trading Co., Ltd, on April 17, according to Tianyancha data.

Beijing Jingdong Century Trading Co., Ltd., the main body of JD.com ‘s operation, added a foreign investment of 20 million yuan to set up a wholly-owned subsidiary-Shanxi Jingdong Minghui Trading Co., Ltd, on April 17, according to Tianyancha data.

Yao Yanzhong, Vice President of JD Group and President of JD Communications Division, is the legal representative of the company.

Its scope of business includes food business: infant formula, other infant formula food, pre-packaged food, health food (medical device business: contraceptive sales, food management, economic information consultation, education consultation, enterprise management consultation and so on.

It is said that this is JD.com’s first investment since Liu Qiangdong left office.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/04/19/jd-com-invests-20-million-into-a-subsidiary-covering-medical-devices/.

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