Yongjin Corporation announces RMB100 mln capital increase for stainless steel project
2021-04-19 16:27:40
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Yongjin Corporation recently announced that it and its related party Xinhongyuan plan to inject a total of RMB100 million (USD15.Asian Metal Copyright32 million at their respective shareholding ratio in its controlling subsidiary Guandong Yongjin.Asian Metal Copyright32 million) at their respective shareholding ratio in its controlling subsidiary Guandong Yongjin.Asian Metal Copyright83 million from XinHongyuan, will be mainly used to build Guandong Yongjin's Phase II cold-rolled stainless steel project with an annual production capacity of 320,000t.Asian Metal Copyright This capital increase, including RMB75 million (USD11.Asian Metal Copyright32 million at their respective shareholding ratio in its controlling subsidiary Guandong Yongjin.Asian Metal Copyright49 million) from Yongjin Corporation and RMB25 million (USD3.Asian Metal Copyright83 million from XinHongyuan, will be mainly used to build Guandong Yongjin's Phase II cold-rolled stainless steel project with an annual production capacity of 320,000t.Asian Metal Copyright83 million) from XinHongyuan, will be mainly used to build Guandong Yongjin's Phase II cold-rolled stainless steel project with an annual production capacity of 320,000t.
.Asian Metal CopyrightYongjin Corporation recently announced that it and its related party Xinhongyuan plan to inject a total of RMB100 million USD15Asian Metal Copyright
