S*st signed a major asset restructuring framework to inject nickel and cobalt assets

NetEase Finance December 2 News s*st The Thursday evening announced that the company has signed a major asset restructuring framework agreement, to inject assets into Shaanxi Hua Ni-Co Metal limited 100% equity.　　November 30, S*st and the first group of friends and Shaanxi Hua Ni-cobalt metal Company's actual control Wang Chunhu signed the "Chengdu Friends Network Co., Ltd., a major asset reorganization of the framework agreement" to be injected into Shaanxi Hua Ni-Co Metal limited 100% equity. The announcement shows that the proposed injection of friends to the network of asset transport profitability is strong, in line with the reorganization of the interests of all parties concerned.　　This major asset reorganization will be combined with corporate debt restructuring, and promote the company's share-splitting reform. May 23, 2007, S*st shares suspended; In 2007, a first-step debt restructuring was implemented in accordance with the overall plan for debt restructuring; on May 16, 2008, the Shenzhen Stock Exchange formally accepted the company's application for the resumption of listing.