Consumer Staples, Communication Jan 07, 2022 07:59 PM (GMT+8)
Financial Associated Press, January 7 (Xinhua) - Salt Lake announced that it will promote the construction of a world-class Salt Lake industrial base and plan to further integrate and optimize the potash business sector. Meanwhile, Wentong potash Group Co., Ltd. ("Wentong group") is willing to transfer its equity in Qinghai Wentong Yanqiao chemical fertilizer Co., Ltd. ("Wentong Yanqiao"). According to the development strategy and overall planning of Salt Lake, the company plans to invest 154 million yuan to acquire the 43.7836% equity of Wentong Yanqiao held by Wentong group.
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