The Bank of China Cashmere Industry plans to put into construction in 2 billion the annual output of 80 000 tons of lithium iron phosphate project to generate new energy.


Source: metal.com metal.com

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On the evening of November 19th, Bank of China Cashmere Industry (000982) announced that the company intends to sign an equity transfer agreement with Sichuan Xinruiheng Lithium Energy Technology Co., Ltd. (referred to as "Xinruiheng") and its shareholder Chengdu Chongxin Xinda Industrial Co., Ltd. (referred to as "Chongxin Xinda"). Chongxin Xinda will hold 100% equity interest in Xinruiheng (corresponding to 50 million yuan in registered capital). The paid-in registered capital is 0 yuan) and transferred to the company at the price of 0 yuan. After the completion of the transfer, the company will actually pay the registered capital of 50...