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ChinaScope Financial
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ChinaScope is the financial data and analytics platform for global financial professionals seeking critical quantitative and qualitative information on China. Our platform covers raw and processed data and information on companies, industries and the macro economy. We help our clients gather and... More
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  • GUGHY.PK - Guangnan Invests CNY 200 Mn In New Tinplate Production Line 0 comments
    Mar 25, 2013 9:47 PM | about stocks: GUGHY

     

    Prepared by ChinaScope Financial | Source: Company Disclosure
    • Guangnan (Holdings) Ltd. (01203: HKG) announced its plan to build a new tinplate production line in its plant located in Zhongshan, Guangdong. The annual production capacity of the new line is expected to reach 150,000 metric tons.

     

    • A total of CNY 200 million is expected to be invested in the new line and the company will start constructing in the second half of this year after obtaining approval from regulatory bodies. The new line will begin to operation next year, at the earliest.

     

    • Guangnan (Holdings) specializes in the manufacture and sales of tinplates and related products, leasing of properties, distribution and sales of fresh and live foodstuffs, and foodstuffs trading.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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