Acquisition of "rare earth nobles" industrial chain! Dragon's Leigh recreates the big action! .

Attacked Dragon's Ly (002601. SZ) to do things again, this time to focus on the- known as "the rare earth family of nobles." On the evening of September 28th, Long Yuli announced the acquisition of Hunan OrientalIndustry Co., Ltd. (OrientalIndustry) and the transfer of henan Rongjia Ringa Technology Co., Ltd
LongYuYuLi related person in charge of the reporter revealed that before through Rongjia do related industries,sector income is still very small, but in the year-on-year increase, now there are more than 300 million yuan, capital increase to buy orientalindustry is on the basis of the original cooperation to further deepen, but also to play its advantages of the circular economy
Rongjiais a joint venture between long- and Oriental companies, with a 60% stake. Upon completion of the capital acquisition of OrientalIndustry, Long Yuli will hold 51.72% of OrientalIndustry, which will become a subsidiary of Longyuli Holdings, and at the same time, Longyuli intends to transfer 60% of Rongjia 's shares to Oriental .
LongYuLi above-mentioned person in charge of the introduction,in the world's small, but high value,use is also expanding
"Oriental industry to provide technology, listed companies to provide funds," the person in charge stressed thatproduction in the coke, has not yet to other production bases.
public information shows that is used in key areas such as laser weapons, aerospace, and medical devices for the treatment of tumors, with low levels in the earth's crust (equivalent to 7 grams per ton of crustal matter) and is expensive, with distilled metals prices as high as $226,000/kg in 2017, five times the price of gold ($44,445/kg).
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