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  • Beijing Lirr to acquire 20% stake in refractory joint venture

    2024-11-26 15:13:02   [Print]
    On November 22, Beijing Lirr High-Temperature Materials Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright reached an agreement with Inner Mongolia Baotou Steel Union Co.Asian Metal Copyright reached an agreement with Inner Mongolia Baotou Steel Union Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright Upon completion of the equity transfer in cash, Beijing Lirr will hold a total of 70% stake in Baotou Steel Lier, which will become a majority-owned subsidiary of Beijing Lirr.Asian Metal Copyright to acquire a 20% stake in their joint venture Inner Mongolia Baotou Steel Lier High Temperature Material Co.Asian Metal CopyrightOn November 22, Beijing Lirr High-Temperature Materials Co.Asian Metal Copyright, Ltd.Asian Metal Copyright Upon completion of the equity transfer in cash, Beijing Lirr will hold a total of 70% stake in Baotou Steel Lier, which will become a majority-owned subsidiary of Beijing Lirr.Asian Metal Copyright, which is mainly engaged in the development, production and sales of refractory materials and metallurgical auxiliary materials.

    Under the agreement, Beijing Lirr will be in charge of the management and operation of Baotou Steel Lier from November 30, 2024. Upon completion of the equity transfer in cash, Beijing Lirr will hold a total of 70% stake in Baotou Steel Lier, which will become a majority-owned subsidiary of Beijing Lirr.

    .Asian Metal Copyright Upon completion of the equity transfer in cash, Beijing Lirr will hold a total of 70% stake in Baotou Steel Lier, which will become a majority-owned subsidiary of Beijing LirrAsian Metal Copyright
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