Why is Xi Anhantang Ming Sheng Technology Co., Ltd. a joint venture?
Because Xi Anhantang Ming Sheng Technology Co., Ltd. was established by Jian Huaiguang and another company. A joint venture is usually an enterprise jointly invested and operated by two or more companies. Xi Anhantang Ming Sheng Technology Co., Ltd. is an enterprise jointly funded by Qian Huaiguang and Xi Anhua Cable Co., Ltd., in which Qi Huaiguang is the legal representative and senior manager of the company, and Xi Anhua Cable Co., Ltd. is a partner with investment and certain shares. This form of joint venture is very common in business, which can bring advantages such as capital, technology and market, and promote the development of enterprises. Therefore, Xi Anhantang Ming Sheng Technology Co., Ltd. is a joint venture.