Earth bear: it plans to bring northern rare earth to increase capital to the associated company to ensure the supply of rare earth raw materials
Financial Associated Press, August 30 - Dadi Xiong announced that the company plans to increase the capital of RMB 36.144 million to the associated company Northern rare earth (Anhui) permanent magnet Technology Co., Ltd. ("northern rare earth Anhui permanent magnet") in cash, and Northern rare earth will increase the capital in the same proportion in cash. After the capital increase, the company holds 40% equity of Anhui permanent magnet of North rare earth, and the equity ratio between the company and North rare earth remains unchanged.
This text is a result of machine translation.
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