Follett: it is proposed to acquire 100% equity of Dahua mining and Sanli mining with RMB 3.344 billion
Fulette announced that it plans to acquire 100% equity of Anhui Dahua Oriental Mining Co., Ltd. and Anhui Sanli Mining Co., Ltd., with a total transaction price of RMB 3.344 billion; Dahua mining holds the mining right of quartzite for glass with an annual output of 500000 tons, and Sanli mining holds the mining right of quartzite for glass with an annual output of 1.9 million tons.
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