After AI express, investors ask questions on the investor interaction platform: ask the Secretary of the board for the integration and reorganization of China rare earth group. According to the equity plan, Sinosteel group holds 4.5% of the equity of China rare earth group. In what form will Sinosteel group replace the equity? What is the impact on your company? Is it possible for your company to be integrated into China rare earth group?
Advanced Technology & Materials Co.Ltd(000969) (000969. SZ) said on the investor interaction platform on January 2 that China Steel Research, the controlling shareholder of the company, holds 3.9% of the newly established China rare earth group. The state’s further integration of rare earth resources is conducive to maintaining the stability of rare earth supply prices and laying a solid foundation for the development of downstream rare earth permanent magnet enterprises.
(Daily Economic News)
