11
Oct
08:20
Guohong Group to increase capital in Sichuan CATL
Listed Chinese battery company CATL announced it has signed an investment framework agreement with its Sichuan-based wholly owned subsidiary Sichuan CATL and the Chinese state-backed Luoyang Guohong Investment Holding Group (Guohong Group). According to this agreement, Guohong Group will increase the capital of Sichuan CATL through 100% of the equities it owns in Luoyang Mining Group, a wholly-owned subsidiary of Guohong Group and the second-largest shareholde…
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Anonymous
Very good overview of the weekly steel market.
Anonymous