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Xinjiang Yilite Industry Co Ltd to Sell Stake in Coal Chemical Company

Wednesday, 22 May 2013 08:00pm EDT 

Xinjiang Yilite Industry Co Ltd announced that it will sell a 51% stake in its Xinjing-based subsidiary, a coal chemical company, for RMB 255 million in total to a farm. After that, the Company will hold a 41.2% stake in the coal chemical company, down from 92.2%. 

Company Quote

0.13 +1.32%
2:59am EDT