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29 Jun
13:18

China First Heavy becomes Delong Nickel shareholder

Listed engineering company China First Heavy will increase its nickel assets in Indonesia by acquiring the shares of Indonesia Delong Nickel held by its parent company, China First Heavy Group, Kallanish notes. Zhongpin Shengde International Development Co., Ltd., a subsidiary of China First Heavy Industry Group, is an investment holding platform jointly funded by China First Heavy Industry Group and Jiangsu Delong. Its main asset is the 59.37% equity of Indonesia…
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