Real estate regulation continues to rise

The red-hot Rare-earth industry has even attracted real estate developers. Real estate development as the main industry's separation of shares (600614.　　SH) recently issued a notice that the company decided to buy 40 million yuan in Zhejiang China Electric Equipment Co., Ltd. Holdings of Guangxi Nonferrous Metals Group Cenxi Rare earth Development Co., Ltd (hereinafter referred to as "Cenxi rare earths") 10% of the equity. Cenxi Rare Earth is a state-controlled enterprise, of which Guangxi Nonferrous Metals Group Rare Earth Development Co., Ltd. holds its 51% stake, Zhejiang China Electric Equipment Co., Ltd. holds its 49% stake.　　After the acquisition of 10% of the shares owned by Zhejiang China Electric Equipment Co., Ltd., the shareholding structure of Guangxi Nonferrous Metals Group Co., Ltd. holds its 51% stake, and Zhejiang CLP Equipment Co., Ltd. holds its 39% stake and shares its 10% stake. Guangxi is China's rare earth development and preservation of the best provinces, the initial discovery of the total reserves of rare earths up to 6.7 million tons, and Cenxi rare earths are Guangxi rare earth resources, one of the main bases.　　At present, Cenxi rare earth can be exploration area of more than 200 square kilometers, the initial detection of rare earth reserves of about 700,000 tons, the relevant mining rights through the Guangxi Nonferrous Metals Group is actively processing. Separation shares of the original main rubber industry and medicine, 2008 through the directional additional purchase of the parent company separation Construction Group Real estate business, the real estate business added to the company's main business.　　Pei Minghua, a new era securities analyst, said that the separation of the company's original business thinking is gradually stripping the auxiliary industry assets, focus on the real estate business, but with the country's real estate control policy in-depth, the company's operating ideas have been adjusted, in turn tend to focus on diversification of the source of profits. This January, the separation of shares acquired Jiangsu Qing-drag Agricultural Equipment Co., Ltd. 51% of the equity, the main business is expanding into real estate development, medicine, rubber, agricultural machinery and rare earths.