Company News: Baiyin Nonferrous Group
Updated: 04 May 2011
Lu Hao, secretary of the CPC Gansu Provincial Committee, Governor Xu Shousheng and Li Shilin, acting director and vice manager-general of CITIC Group, were all present at the ceremony and unveiled the plaque.
Gansu Provincial State-owned Assets
Supervision and Administration, Gansu State-owned Assets Company, CITIC
Group and CITIC Guoan Group signed an agreement on October 24 in
Beijing. In accordance with the agreement CITIC Group and CITIC Guoan
Group will invest 3.26 billion yuan to increase the shares of Baiyin
Company. CITIC Guoan Group and Baiyin Company will jointly invest 300
million yuan to establish a resource exploitation company.
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