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BRIEF-Jinyuan Cement to invest 10 mln yuan in metal firm
August 31, 2017 / 3:32 AM / 21 days ago

BRIEF-Jinyuan Cement to invest 10 mln yuan in metal firm

Aug 31(Reuters) - Jinyuan Cement Co Ltd

* Says co and two limited partnerships plan to invest 10 million yuan, 37 million yuan and 25 million yuan in a Linxi-based firm respectively, which is mainly engaged in comprehensive recovery of smelting smoke

* Says co’s stake in the Linxi-based firm will be diluted to 20 percent from 23.4 percent

Source text in Chinese: goo.gl/7DbCMR

Further company coverage: (Beijing Headline News)

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