On September 11th, Miracle Automation, Changan Auto and other enterprises jointly established Chenzhi Anqi Recycling Technology Co., Ltd. with a registered capital of Yuan 180 million. The company's business scope includes the sales of new type metal functional materials, smelting of rare earth metals, and regular non-ferrous metals. According to shareholder information, the company is jointly owned by Miracle Automation, China Changan Automobile Group, and Changan Auto.
Edited by Cassie Li, lixiangying@mysteel.com