Minmetals Resources invests 1.787million yuan on Yinfa Transportation

Recently, Minmetals Resources announced the company will exercise equity step-up to the new registered capital of Yinfa Transportation through its non-wholly owned subsidiary of North China Aluminum Industry with the investment of 1.787million yuan, till then the equity owned by the North China Aluminum Industry will raise from 48.5% to 65%.

The major business of Yinfa Transportation is the transportation services.

After the asset Injection, Minmetals Resources will be more involved in the management of the company.

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