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BRIEF-Shanxi Hua Yang To Set Up JV For Carbon Fiber Projects

Reuters · 01/06/2023 04:23
BRIEF-Shanxi Hua Yang To Set Up JV For Carbon Fiber Projects

- Shan XI Hua Yang Group New Energy Co Ltd 600348.SS:

  • SAYS IT PLANS TO SET UP JV WITH REGISTERED CAPITAL OF 900 MILLION YUAN FOR CARBON FIBER PROJECTS WITH FIRST PHASE INVESTMENT AT 682 MILLION YUAN ($99.37 million)

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Further company coverage: 600348.SS


($1 = 6.8630 Chinese yuan renminbi)


(Reporting by Hong Kong )

((Ella.Cao@thomsonreuters.com;))