Dingli shares marriage plot MIANNING rare earth whole industry chain

For investment, mergers and acquisitions as the starting point, Dingli shares of rare earth industry chain grew and grew.

Dingli shares disclosed today, August 21 and MianNingXian crown in rare earth mineral processing limited liability company (hereinafter referred to as "mianning RE") signed the "cooperation agreement" Dingli shares desire through this cooperation further development of rare earth resources, accelerate on the rare earth industry chain development.

In this context, the principle of cooperation between the parties in order to carry out joint ventures, while not excluding other flexible ways, including rare earths in mianning with support from Dingli shares held by the shareholders of the transferee relevant part or all of the equity interest in rare earth MIANNING .

It is understood, was established in 1999, is a rare earth rare earth MIANNING mining based industrial enterprises, with "rare earth mining licenses." After years of development, the company now has a large number of rare plant sets the shaker, ball mill, magnetic separator and other production equipment, ore processing more than 2,000 tons per day, the company currently operates normal production, the relevant mining registration certificate, reserves assessment survey report, the EIA safety and other valid documents are in line with national and regional regulatory requirements.

Dingli shares in view, the cooperation between the two sides can be described as complementary advantages. First, the rare earth companies to accept strict state control of the policy, industry access threshold higher, while mianning rare earth mining permit has been engaged in mining of rare earth resources for many years; while Dingli shares as a listed company, the investment capacity and standard operation advantages relative prominence, and adjust the industrial structure of strategic thinking, if this cooperation agreement fully performed smoothly, the company optimize the industrial layout, improve the industrial chain will have a positive impact.

In fact, overwhelmed cooperation with mianning rare but Dingli shares in recent years to develop the rare earth industry in microcosm.

In the original primary industry experienced real estate regulation policy background, Dingli shares early in 2011 to acquire 10% equity interest in Wuzhou earth as an opportunity to cut into the rare earth industry, and later through the acquisition of 41% equity interest in electrical equipment, will directly and indirectly holds a stake in Wuzhou Rare increased to 26%.

Last June, Dingli shares and investment projects with CENXI Municipal Government signed the contract, intends to spend $ 1 million to establish a Rare Earth New Materials Technology Industrial Park; Last December, the company also announced a cash capital increase in Kay obtain not less than 40% of rare earth equity, to intervene in the downstream rare earth separation and deep-processing areas.

After the series of capital operation, Dingli shares of rare earth industry integration model is also gradually taking shape: that is, from Wuzhou mined rare earth, rare earth directly in Kay separation, after separation of the product can be shipped to the required part of the rare earth CENXI deep processing industrial park, and the rest to stay on-site processing.

In this context, Dingli shares this earth with mianning cooperation that the successful implementation of the rare earth companies will no doubt add another whole industry chain layout important weight.

Dingli shares recently disclosed the semi-annual report shows that in the first half, the company achieved operating income of 597 million yuan, an increase of 3.23%; net profit of 26.35 million yuan, down 7.65 percent.


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