FilingReader Intelligence

China Northern Rare Earth invests in new facilities

March 14, 2025 at 05:04 AM UTCBy FilingReader AI

China Northern Rare Earth Group High-Tech (SSE: 600111) announced a strategic investment of 73.36 million RMB to establish a pilot-scale base for wet processing and inorganic functional materials. Approved by the board, the initiative aims to enhance technological innovation and facilitate the industrialization of research outcomes. The company also elected its ninth supervisory board, appointing Liu Huiying as chairman. Additionally, the company re-hired senior management, including Qu Yedong as General Manager and Wu Yonggang as Secretary of the Board, ensuring leadership continuity. These moves support the company's broader strategy to strengthen its position in the rare earth industry and promote sustainable growth through technological advancement and efficient resource management.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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