Jun 24, 2022 07:19 PM (GMT+8) · EqualOcean
CHUANHENG Co., Ltd. announced that it plans to establish a new subsidiary in a joint venture with Hengda mining and GuoXuan group, with a registered capital of 300million yuan, to jointly invest in the R & D, production, sales and technical services of lithium hexafluorophosphate. On the same day, it was announced that Hengda mining and Tianyi mining planned to jointly increase the capital of Hengchang new energy, with a total amount of 1.222 billion yuan. Hengda mining subscribed a capital increase of 1.099 billion yuan, which was contributed in currency; Tianyi mining has subscribed for a capital increase of 123million yuan and contributed at the price of land use rights. After the capital increase, Hengda mining has a shareholding ratio of 90% and Tianyi mining has a shareholding ratio of 10%.