Jiangsu Alcha Aluminum to set up new subsidiary to produce and sell new energy materials

Jiangsu Alcha Aluminum Co., Ltd. announced on November 29, 2017, a plan to set up a new wholly-owned subsidiary, Jiangsu Alcha New Energy Materials Co., Ltd., investing Chinese yuan (CNY) 50 million. The subsidiary is going to produce and sell aluminum foil for power batteries and packaging. (From a corporate announc....

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