Workflow
中钨高新:拟收购远景钨业股权

Core Viewpoint - The company Zhongtung High-tech announced a cash acquisition of 99.9733% equity in Hengyang Yuanjing Tungsten Industry Co., Ltd. from China Minmetals for a transaction price of 821 million RMB, which includes tax [1] Group 1 - The acquisition is part of China Minmetals' commitment to avoid competition in the same industry and to properly address the competition issues between its tungsten mining enterprises and the company [1] - This transaction is seen as an important step for China Minmetals in fulfilling its commitments to the capital market [1]