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Equity Sales Announcement of JFG
CreateTime:12-06-2007
The 83.24% of equity of Hengshan Tianyun Coal Mine Co., Ltd held by Xi’an Jiefang Group Co., Ltd (JFG) was sold to Yulin Dehou Ore Construction Co., Ltd at a price of RMB 87.20 million on Jun 15th, 2007. In addition, the account investment cost of the company was RMB 75 million, and the return can be achieved was RMB 12.2 million.
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