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Wanlida holding subsidiary 10 million Yuan to invest in MICA iron oxide project

Source: Internet
Author: User
Keywords Iron oxide Mica
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NetEase Finance March 7 Wanlida 7th evening issued a notice, agreed to a holding subsidiary Shangnan County Qingshan Mining Limited liability company invested RMB 10 million yuan to build a mirror iron ore products deep-processing MICA Iron oxide Project, the project source of capital for the Castle Peak mining shareholders to increase funds.　　Wanlida said that according to the existing Glass peak mining production capacity and the current market situation of MICA iron oxide, if the investment project smooth production, is expected to achieve an annual output of 300 million tons of mica oxide, to achieve sales revenue of 79.2 million yuan, after-tax profit of 49.61 million yuan, and for the parent company to bring new profit growth. Wanlida 7th higher volatility, the rise of 0.75%, reported at 30.81 Yuan.

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