Lomon Billions acquires 15.66% equity in Guangdong Orient Zirconic Ind Sci & Tech Co., Ltd

Categories: General News, Industry News, Lomon Billions China
Posted on: January 6, 2020 11:40 am

Jiaozuo, China, 23/12/2019: Lomon Billions announced today that it has completed the acquisition of China National Nuclear Corporation’s shares in Guangdong Orient Zirconic Ind Sci & Tech Co.,Ltd. (“Orient Zirconic”) a company in Chenghai, China that mines zirconium minerals and produces zirconium products including zirconium oxides, dioxides, compound zirconium oxides and zirconium silicates.

The transfer value of the shares is 872,953,145.64 RMB (~125 million USD) and represents 15.66% of the equity in Orient Zirconic. The transaction makes Lomon Billions the largest Orient Zirconic shareholder.

Press & PR Contact

Lomon Billions European HQ

Julie Reid
Marketing Director
Lomon Billions
Winder House
Kingfisher Way
TS18 3EX
United Kingdom

Tel +44 (0)1642 692750
Email juliereid@lomonbillions.global

Company Information

Lomon Billions is listed on the Shenzhen Stock Exchange – Shenzhen:002601
Terms & Conditions  /  Cookies Policy  /  Privacy Policy

Follow us on