Xianglu Tungsten's subsidiary to invest 200 mln yuan to set up operation in Jiangxi
2020-06-30 15:23:04 [Print]
Xianglu Tungsten announced that its board of directors has approved the proposal for setting up a sub-subsidiary during an interim meeting held on June 29. The company's subsidiary Guangdong Xianglu Precision Co., Ltd. plans to set up an operation tentatively named Jiangxi Xianglu Precision Manufacturing Co., Ltd. with a registered capital of RMB200 million (USD28.26 million). Guangdong Xianglu Precision will inject its own capital into the new operation and hold 100% equity interest in it.
Ferro-tungsten 75%min FOB China
Unit:USD/kg W
China tungsten carbide producers' inventory statistics by province by month
Unit: mt
