Jiangte Motor (002176) Wednesday night issued a notice, the company's subsidiary of the giant source of mining to buy Jiangxi Bo Xin Mining Limited liability company 51% of the equity. The transfer price of the equity is RMB 12.5 million, and the actual transfer price is determined by the qualified evaluation institution, but the maximum is not more than 12.5 million yuan. Bo Xin Mining legal agreement with a lithium kaolin mineral prospecting rights or rights of exploration rights, mining area of 23.66 square kilometers. Company means that the purpose of this acquisition is to obtain lithium mineral resources for the company to produce lithium battery cathode materials to provide resources to ensure that the acquisition is completed on the future development of the giant source of mining lay a good foundation.
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