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Sunday, June 12, 2011

Panjiang Refined Coal to invest CNY 500 million in financial products

Sunday, 12 Jun 2011

It is reported that Guizhou Panjiang Refined Coal plans to use a maximum of CNY 500 million of its own funds to purchase low risk short term financial products from banks.

The purpose of the investment is to improve the company's returns from its funds. The products exclude equity and derivative investments. (sourced from cnfol)

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