Jinli permanent magnet: the company does not directly own rare earth mine resources-Shanghai Metals Market

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Jinli permanent magnet: the company does not directly own rare earth mine resources

Translation 08:59:40AM May 31, 2019 Source:Securities Daily

SMM News: Jinli permanent Magnet (300748) announced that the company's stock trading price for two consecutive trading days in the closing price deviation from the cumulative value of more than 20%, belongs to the abnormal fluctuation of stock trading. After verification, the company, the controlling shareholder and the actual controller do not have material matters that should be disclosed but not disclosed about the company, or are in the planning stage. The company is a high-performance rare earth permanent magnet material high-tech enterprise integrating research and development, production and sales. The products are mainly used in wind power generation, new energy vehicles and auto parts, energy-saving frequency conversion air conditioning, energy-saving elevators, robots and intelligent manufacturing and other fields. No major changes have taken place in the company's main business. The company does not directly own rare earth mine resources.

Jinli permanent magnet: the company does not directly own rare earth mine resources

Translation 08:59:40AM May 31, 2019 Source:Securities Daily

SMM News: Jinli permanent Magnet (300748) announced that the company's stock trading price for two consecutive trading days in the closing price deviation from the cumulative value of more than 20%, belongs to the abnormal fluctuation of stock trading. After verification, the company, the controlling shareholder and the actual controller do not have material matters that should be disclosed but not disclosed about the company, or are in the planning stage. The company is a high-performance rare earth permanent magnet material high-tech enterprise integrating research and development, production and sales. The products are mainly used in wind power generation, new energy vehicles and auto parts, energy-saving frequency conversion air conditioning, energy-saving elevators, robots and intelligent manufacturing and other fields. No major changes have taken place in the company's main business. The company does not directly own rare earth mine resources.