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Subsidiary of CAS Sanxin is planning to purchase 100% stock of CSG quartz sand mine

Post Time:Nov 10,2010Classify:Company NewsView:525

China Glass Network(China Glass Network) CAS Sanxin (002163) announced on Tuesday night, their whole subsidiary -Hainan CAS Special Glass Co., Ltd intends to invest 51,224,100 RMB to purchase the 100% stock of CSG quartz sand mine.


Company said that, this acquisition, can promptly resolve the production problems of Wentian Sand Mine in Wenchang city, Hainan Province, and also can give full quartz sand raw materials guarantee for Hainan CAS Speical Glass Line.


 

Source: GlassinchinaAuthor: shangyi

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