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Zhong Rare Earth's new materials company under Rare Earth has increased its capital to 100 million yuan
Qichacha APP shows that recently, Deqing Xingbang Rare Earth New Materials Co., Ltd. underwent a business registration change, with registered capital increasing from 80 million yuan to 100 million yuan; at the same time, the company’s scope of business was changed to “rare earth metal smelting; import and export of goods; loading and unloading; sale of rare earth functional materials; sale of metal ores, etc.” Qichacha indicates that Deqing Xingbang Rare Earth New Materials Co., Ltd. was established in December 2002, with Zhang Jianghua as the legal representative, fully owned by China Rare Earth. (People’s Financial News)