Yuegui Co., Ltd. (000833.SZ) announced that the company plans to cooperate with Lianzhou Xinnanhao Anti-Backlash Quartz Mine Co., Ltd. (“Xinnan...
Zhitong Finance App News, Yuegui Co., Ltd. (000833.SZ) announced that the company plans to jointly fund the establishment of Guangdong Guangye Haojing New Materials Co., Ltd. (“Xinnanhao”) with a registered capital of 10 million yuan. Yuegui shares have pledged 6 million yuan in monetary or non-monetary terms, accounting for 60% of the registered capital.
According to the announcement, the company will jointly invest with Xinnanhao to establish Guangdong Guangye Haojing New Materials Co., Ltd., and will make full use of Qingyuan's abundant supply of high-quality quartz, calcium carbonate and other non-metallic resources, and use the partner's mature processing technology and downstream sources to advance the strategic layout of related new material manufacturing fields. This investment will help the company develop its business, optimize the company's strategic layout, and increase the company's profitability.