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Lubei Chemical to Buy Stake in Titanium Maker
Shan Dong LuBei Chemical (600727.SH): The subsidiary plans to increase capital of Monda Titanium by 33.6444 million yuan.
Gelonghui, on November 22, announced that shan dong lubei chemical (600727.SH) has disclosed that in order to stabilize the supply of high titanium slag raw materials, reduce the production costs of titanium dioxide, ensure the long-term stable running of the titanium dioxide production line, and promote the long-term healthy development of the company, its wholly-owned subsidiary, Xianghai technology, signed a "Capital Increase Agreement" on November 22, 2024, with Monda Titanium Industry and its shareholders Yuxiao Group, Zhang Shun Cheng, Zhang Yuanliang, Meike (Guangzhou) New Materials Co., Ltd., Guangzhou Wuzhong Trading Co., Ltd., Guangxi Hongsheng Venture Investment Co., Ltd., Zhang Qi, Wei Huajun, Cao Lushan, and Wang Jianping, intending to use its own funds of 3,364.44.
Shan dong lubei chemical (600727.SH): Signed a global strategy investment cooperation agreement.
Gelonghui November 22 - Shan dong lubei chemical (600727.SH) announced that the company, Shandong Xianghai Titanium Resources Technology Co., Ltd. (referred to as "Xianghai Technology"), Jinan Yuxiao Group Co., Ltd. (referred to as "Yuxiao Group"), Zhang Shuncheng, Zhang Yuanliang, and Inner Mongolia Yuxiao Mengda Titanium Industry Co., Ltd. (referred to as "Mengda Titanium Industry") signed a "Strategic Investment Cooperation Agreement" on November 22, 2024 (referred to as "this Agreement"). The parties negotiated on an equal and voluntary basis, reached this agreement on Xianghai Technology's capital increase in Mengda Titanium Industry and the establishment of a long-term stable supply-demand relationship for titanium concentrate and high titanium slag, and used this as the basis for this investment.
Shan Dong LuBei Chemical (600727.SH): Currently no products are being used in solid state batteries
Gelonghui November 19th | shan dong lubei chemical (600727.SH) stated on the investor interaction platform that the company has no self-owned mines, and the company currently does not have products applied in solid state batteries.
Lubei Chemical: Lubei Chemical Third Quarter Report 2024
Lubei Chemical Third Quarter Report 2024
