China-color shares and Shandong Gold Group cooperation project

Medium-color shares (000758) March 9 Evening announcement, the company's board of directors agreed to the company's holding subsidiary-Chifeng Color Zinc Industry Co., Ltd. on the Bairin Zuoqi 100,000 tons of lead smelting project and Shandong Gold Nonferrous Mining Group Co., Ltd., the establishment of Chifeng (Lindong) lead smelting project company,　　Registered capital of 650 million yuan, Chifeng in color Zinc Industry Co., Ltd. to have invested in the project (130 million yuan) capital investment, accounting for the project's 20% stake, Shandong Gold in cash by instalments, accounting for the project's 80% equity. The company announced that the lead smelting project in the company to reorganize the Baiyinnuoer lead-zinc mine in Inner Mongolia has started construction, since the economic crisis and other reasons for the suspension of construction, this time by the Shandong Gold led the construction of the project, the color zinc industry to actively cooperate with, conducive to activating the zinc industry in the lead smelting project investment in the formation of assets,　　At the same time, the project adjacent to the company's Chifeng in color White Sound Mining Co., Ltd., is conducive to the mine near the sale of lead concentrates, achieve a total win. Responsible Editor: NF054