Jiangsu Chengxing to offer surety to its subsidiary for USD18.72 million

Summary: In Sept. 2016, Jiangsu Chengxing announced to provide a guaranty for its fully-owned subsidiary Xuanwei Phosphorus Electric's loaning of USD18.72 million (RMB125 million). This, according to analyst CCM, is aimed at offering support for the ...

Phosphorus Industry China Monthly Report 201609

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