Xinxing casting pipe 40 million and CITIC Trust investment mining

Source: Internet
Author: User
Keywords Trust investment Casting pipe
Tags accounting company development registered capital the domestic the new use
Xinxing cast pipe (000778) January 21 Evening announcement, the company 19th and Citic Trust Limited liability company jointly funded by the establishment of the new Resources Limited signed the "Investment agreement" to make full use of the existing resources, through the domestic related mineral resources investment, to achieve the development of mineral resources. According to the announcement, under the investment agreement, CITIC Trust invested 60 million yuan in the new resources, accounting for 60% of the registered capital of the new resources, and the company invested 40 million yuan in the new resources, and accounted for 40% of the registered capital of the new resources.
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