Meijin Energy intends to acquire 100% stake of Jinfu Coal for cash
2017-11-10 17:49:04 [Print]
Meijin Energy made an announcement on late 9 that the company intends to acquire 100% stake of Shanxi Meijin Group Jinfu Coal Co
. , Ltd . , for cash . The preliminary transaction price was determined to be RMB195,853 . 37 . Jinfu Coal mainly engages in coal mining, processing and sales with the main products of meager and lean coal . As of the announcement date, Jinfu Coal was still in the joint trial stage, so it has no operating income.