Tangshan Sanyou Chemical Industries and Qinghai Wucai Mine Limited will reportedly jointly invest in one of Qinghai Wucai Soda Ash Limited“s soda production facilities, to raise its registered capita…
Tangshan Sanyou Chemical Industries and Qinghai Wucai Mine Limited will reportedly jointly invest in one of Qinghai Wucai Soda Ash Limited“s soda production facilities, to raise its registered capital from CNY 183 million to CNY 745 million. Sanyou will invest CNY 380 million, accounting for 51% interest while Qinghai Wucai Mine Limited will invest CNY 365 million for a 49% stake. The soda production facility has an annual capacity of 1.1 million tons.
