BRIEF-Baotou Tianhe Magnetics Technology's Unit To Invest In Rare Earth Magnet, Equipment Projects

Reuters10-09

BRIEF-<a href="https://laohu8.com/S/603072">Baotou Tianhe Magnetics</a> Technology's Unit To Invest In Rare Earth Magnet, Equipment Projects

Oct 9 (Reuters) - Baotou Tianhe Magnetics Technology Co Ltd 603072.SS:

SAYS UNIT PLANS TO INVEST EXPECTED TOTAL OF UP TO 900 MILLION YUAN ($126.32 million) IN RARE EARTH MAGNET, EQUIPMENT MANUFACTURING AND RESEARCH AND DEVELOPMENT PROJECTS

Source text

Further company coverage: 603072.SS

($1 = 7.1245 Chinese yuan renminbi)

(Reporting by Beijing Newsroom)

((yukun.zhang@thomsonreuters.com;))

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