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1 week ago | 
buff.ly | Tang Shihua
(Yicai) June 19 -- China’s Dazhong Mining plans to invest CNY1 billion (USD139 million) building a factory for lithium metal, a key material used in next‑generation solid state and semi‑solid state batteries, leveraging its lithium resource base to move beyond mining into high‑margin processing.
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1 week ago | 
buff.ly | Tang Shihua
(Yicai) June 19 -- Shares of Zhongman Petroleum and Natural Gas Group surged after the private Chinese oilfield services provider said it won the exploration and development rights for the Zerafa II natural gas block in Algeria. Zhongman Petroleum [SHA: 603619] was trading up 8.5 percent at CNY23.46 (USD3.26) as of 2.05 p.m. in Shanghai today.
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1 week ago | 
buff.ly | Tang Shihua
(Yicai) June 18 -- China National Petroleum Corporation, the investment unit of the major state-owned oil and gas firm, and its affiliate PetroChina plan to invest CNY3.3 billion (USD459.3 million) in a nuclear fusion technology developer via a joint venture, which holds a 20 percent stake in the target firm.
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1 week ago | 
buff.ly | Tang Shihua
(Yicai) June 18 -- China CAMC Engineering, a subsidiary of the state-owned China National Machinery Industry Corporation (Sinomach), has secured a USD337 million contract to construct the second phase of Kazakhstan’s first soda ash plant to double its capacity.
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1 week ago | 
buff.ly | Tang Shihua
(Yicai) June 17 -- Shares of Longsys Electronics rose today after the Chinese manufacturer of flash and dynamic random access memory said it has teamed up with US peer Sandisk to develop high-quality Universal Flash Storage products and solutions. Longsys [SHE: 301308] closed 6.8 percent higher at CNY76.50 (USD10.65) a share in Shenzhen today, after surging by as much as 7.4 percent at one point.
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1 week ago | 
buff.ly | Tang Shihua
(Yicai) June 17 -- Shares of Teamgene Technology surged by the daily limit after the major Chinese pig feed supplier announced plans to acquire six US-backed farms in eastern China’s Shandong province and a breeding technology firm, marking its expansion into the pig farming sector. Teamgene’s stock [SHA: 603151] jumped 10 percent to close at CNY18.83 (USD2.60) in Shanghai today, representing an almost 90 percent increase so far this year.
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1 week ago | 
buff.ly | Tang Shihua
(Yicai) June 16 -- The world’s first Legoland-themed airplane, operated by Chinese carrier Juneyao Airlines, made its inaugural flight from Shanghai to Guangzhou today, giving travelers a playful taste of the country’s first Legoland resort which is due to open next month.
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1 week ago | 
buff.ly | Tang Shihua
(Yicai) June 16 -- Shares of Dongshan Precision Manufacturing surged after the Chinese maker of printed circuit boards, optoelectronic displays, and precision components said it plans to acquire Source Photonics Holdings, a global provider of advanced technology solutions for communications and data connectivity. Dongshan Precision [SHE: 002384] was trading up 9.9 percent at CNY34.56 (USD4.81) as of 2.05 p.m. in Shenzhen today, after earlier soaring by the 10 percent exchange-imposed daily limit.
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1 week ago | 
yicaiglobal.com | Chen Yangyuan |Qian Xiaoyan |Chen Junjun |Tang Shihua
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2 weeks ago | 
yicaiglobal.com | Tang Shihua
(Yicai) June 13 -- Duoli Automotive Technology, a Chinese maker of automotive stamping, die casting, welding, and non-metallic materials, plans to invest CNY91.5 million (USD12.8 million) to gain control of Spanish auto parts supplier Fagor Ederlan’s subsidiary in China. Duoli will buy a 52 percent stake in Fagor Ederlan Auto Parts Kunshan to enrich its products and acquire new domestic and foreign customers, the Suzhou-based firm announced yesterday.
