09
Nov
08:51
Sichuan SOE purchases 70% of Yunnan Wolaidi
70% of Yunnan Wolaidi Metal Company will be controlled by Sichuan Deyang Industrial Investment Group, whose controlling shareholder is the State-owned Assets Supervision and Administration Commission of Deyang City in Sichuan Province, Kallanish notes.
This also confirms that Sichuan Deyang was the previously rumored state-owned enterprise (SOE) which provided financial support for the resumption of production of Wolaidi Metal's affiliates …
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