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    CTHM intends to acquire 84.9667% of Nanchang Cemented Carbide Company

    2020-08-24 15:40:20   [Print]
    CTHM announced on the evening of August 23 that the company intends to acquire 84.Asian Metal Copyright20 million.Asian Metal Copyright9667% of the shares of Nanchang Cemented Carbide Co.Asian Metal Copyright CTHM stated that this transaction will not have a significant impact on the company's operating results this year.Asian Metal Copyright, Ltd.Asian Metal Copyright held by China Minmetals Tungsten, a subsidiary of the actual controller, through a non-public agreement transfer method.Asian Metal Copyright held by China Minmetals Tungsten, a subsidiary of the actual controller, through a non-public agreement transfer method.Asian Metal Copyright20 million.Asian Metal Copyright The transaction price is about RMB285 million (USD41.Asian Metal Copyright20 million.Asian Metal Copyright20 million).

    CTHM stated that this transaction will not have a significant impact on the company's operating results this year. In the coming years, through effective resource integration and business coordination, the company will further strengthen the business layout and improve the delivery capabilities, which is conducive to enhancing the company's overall profitability and the company's core competitiveness in the high-end cemented carbide business.

    .Asian Metal Copyright CTHM stated that this transaction will not have a significant impact on the company's operating results this yearAsian Metal Copyright
    Tungsten APT 88.5%min FOB China
    Unit:USD/dmtu
    Tungsten APT 88.5%min FOB China USD/dmtu
    China APT Producers' number MoM output increase statistics by province by month
    Unit: pcs
    China APT Producers' number MoM output increase statistics by province by month
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