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China-run investment plans to set up two subsidiaries engaged in mining investment

Source: Internet
Author: User
Keywords Proposed two
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China Run Investment (000506) November 21 Evening announcement, the company's board of directors passed the bill, the company and the wholly-owned subsidiary of Shandong China Run Real Estate Co., Ltd. to set up a subsidiary in Jinan, the proposed registered capital of 500 million, the main mining investment.　　One of the company's cash capital of 450 million, China-run home investment cash 50 million. The company also announced that it intends to set up a wholly-owned subsidiary in Virgin "China Run International Mining Co., Ltd." for mining investment. The specific investment items and the amount will be implemented after the approval of the relevant government departments by the Board of directors and the general meeting of the shareholders according to the progress of the matters.

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