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Shandong gold spend about 167 million to acquire 49% stake in Xin Lai Company

Source: Internet
Author: User
Keywords Equity
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NetEase Finance May 28 today Shandong Gold Bulletin said that the company's own funds to buy Qingdao Xin Lai Mining Investment Co.　　The transaction amount amounted to 166.6 million yuan. Shandong Gold in the announcement that after the equity acquisition, can increase Shandong gold reserves and corporate profits, reduce the company's production costs, in line with the company's strategy for the overall expansion of resources to expand the general layout of the main business capacity of Shandong Gold and sustainable management capacity. In the interest of all shareholders.

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