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11 Aug
09:24

Liaoning Fu-An Heavy Industry to increase stake in anode graphitisation

Shanghai-listed manufacturer Liaoning Fu-An Heavy Industry recently announced that it plans to spend CNY 3.6 billion ($534.05 million) in acquiring 100% of Tianquan Fu-An, its affiliated company.  After the completion of this transaction, Tianquan Fu-An will become Liaoning Fu-An Heavy Industry's wholly-owned subsidiary. The company's main business will begin to include graphitisation processing for lithium battery anode mater…
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