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

Categories: General News, Industry News, Lomon Billions China
Posted on: November 8, 2019 4:04 pm

Jiaozuo, China, 8th November 2019: Lomon Billions announced today that it intends to acquire 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 has been submitted for approval and when completed will make Lomon Billions the largest Orient Zirconic shareholder.

Press & PR Contact

Lomon Billions European HQ

Julie Reid
Marketing Director
Lomon Billions
Winder House
Kingfisher Way
Stockton-on-Tees
TS18 3EX
United Kingdom

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

Company Information

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

Follow us on