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Tibet Summit Spins Off Zhufeng Zinc and Western Indium
Nov 18,2015 11:11CST
company news
Source:SMM
Tibet Summit plans to sell a 100% stake in Qinghai Zhufeng Zinc Industry Co. and a 56.1% stake in Qinghai Western Indium Co. for 68.90 million yuan to Hunan Zhihao Investment Co..

SHANGHAI, Nov. 18 (SMM) - Tibet Summit plans to sell a 100% stake in Qinghai Zhufeng Zinc Industry Co. and a 56.1% stake in Qinghai Western Indium Co. for 68.90 million yuan to Hunan Zhihao Investment Co., according to sina.com.

Tibet Summit chose to sell the two subsidiaries due to losses. Tibet Summit has transformed to a mining company after the acquisition of Tazhong Mining Co., and will mainly engage in mining investment, mineral resources exploration, trade and import&export in the future. 

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Tibet Summit Industry Co.
Qinghai Zhufeng Zinc Industry Co.
Qinghai Western Indium Co.

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