GEM China increases investment of RMB 900m to its Jinmen subsidiary to support developments for recycling economy and alternative energy materials
GEM China was established in Shenzhen on December 28th, 2001, and it was listed into the stock market in January, 2010. It is the first stock in renewable resources industry and electronical waste recycling industry, with total 2.94b shares and net capital of RMB 7b.
The company released a plan for non-public stock offering of funds no exceeding RMB 2.951b on May 6th, for developing green-recycling auto power batteries project, precursor material for recycling power ternary materials project and ternary materials for recycling power batteries.
Previous:Follow-up Volvo Maserati 2019 will start a full-scale electricization process
Next:SAIC ROEWE New 360 Equipped with 1.5L Engine