Wynca Group to acquire 51% stake in Hubei Huangenye

China's Wynca Group plans to acquire a 51% equity interest in Hubei Huangenye New Material Technology Co.Asian Metal CopyrightChina's Wynca Group plans to acquire a 51% equity interest in Hubei Huangenye New Material Technology Co.Asian Metal Copyright, Ltd.Asian Metal Copyright88 million USD13.Asian Metal Copyright, through its subsidiary Zhejiang Qiyuan New Material Co.Asian Metal Copyright Hubei Huangenye is engaged in graphitization and production of anode materials and has existing capacity to graphitize 20,000tpa of products and produce 8,000tpa of artificial graphite anode.Asian Metal Copyright, Ltd.Asian Metal Copyright88 million USD13.Asian Metal Copyright by share transfer and capital increase, amounting to RMB98.Asian Metal Copyright by share transfer and capital increase, amounting to RMB98.Asian Metal Copyright88 million (USD13.Asian Metal Copyright88 million USD13.Asian Metal Copyright56 million), as the company aims to further boost graphite anode material business and meet demand from key battery manufactures.

Hubei Huangenye is engaged in graphitization and production of anode materials and has existing capacity to graphitize 20,000tpa of products and produce 8,000tpa of artificial graphite anode.


.Asian Metal Copyright88 million USD13Asian Metal Copyright