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

Source: Internet
Author: User
Keywords Iron oxide Mica
Tags company finance it is market notice processing processing capacity project
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.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.