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BRIEF-Shanxi Tond Chemical, Partners To Set Up New Energy Material JV Worth 500 Mln Yuan

· 02/05/2021 07:23
BRIEF-Shanxi Tond Chemical, Partners To Set Up New Energy Material JV Worth 500 Mln Yuan

- Shanxi Tond Chemical Co Ltd 002360.SZ:

  • SAYS IT AND PARTNERS PLAN TO SET UP NEW ENERGY MATERIAL JV WITH REGISTERED CAPITAL AT 500 MILLION YUAN ($77.28 million)

  • SAYS THE JV WILL BOOST PHOTOVOLTAIC FIRM'S CAPITAL BY 250 MILLION YUAN

Source text in Chinese: https://bit.ly/3rozUb1 ; https://bit.ly/39MWVyu

Further company coverage: 002360.SZ


($1 = 6.4696 Chinese yuan renminbi)


(Reporting by Hong Kong newsroom)

((meg.shen@thomsonreuters.com; 852-39525805;))