Kaili Catalyst increases capital to invest in rare earth metal company
2017-11-07 17:50:12 [Print]
Kaili Catalyst New Materials Co
Western Superconducting Technologies Co., Ltd . also announced this September that it planned to invest RMB10 million for the establishment of the above-mentioned rare earth metal company and a stake of 10% . In addition, Western Metal Material Co . , Ltd . also announced that it will buy a share of the rare earth metal company.
. , Ltd . ’s capital increase project was listed in West Assets Equity Exchange and the listing deadline was the 15th of December . According to the announcement made by the company, Kaili Catalyst plans to raise RMB70-120 million for relevant project investment, establishment of rare earth metal company, repayment of bank loans as well as replenishment of liquid funds.
Western Superconducting Technologies Co., Ltd . also announced this September that it planned to invest RMB10 million for the establishment of the above-mentioned rare earth metal company and a stake of 10% . In addition, Western Metal Material Co . , Ltd . also announced that it will buy a share of the rare earth metal company.