Streamer Registers A Joint Venture With The Chinese Shuiyuan
This is an important strategic step to enable Streamer to be a full partner in the Chinese energy equipment market.
Registered on December 29, 2018. The WuSheng Joint Venture will design and manufacture the lightning protection equipment for the Chinese power system. According to the Constitutive Treaty, 51% stake in the new company will belong to Streamer while 49% will be held by the Chinese Shuiyuan. The company office is located in Central China, in the ancient city of Wuhan being at present one of the most important economic and cultural centers of the country.