Significant Developments: Appliances, Tools & Housewares - ReutersJoyoung (Janome sewing machines)

Significant Developments: Appliances, Tools & Housewares - Reuters Joyoung Co., Ltd announced that it will establish a wholly owned subsidiary, a Hangzhou-based bean industry company, with a registered capital of RMB 5 million. The new subsidiary will be mainly engaged in the manufacturing of soy milk machines and janome sewing machines Source: www.reuters.com