On September 23, Greenme was asked by investors, and the company replied to the investors that all shareholders of the Indonesia Tsing Guanbang nickel project signed a memorandum agreeing to increase greenme's shareholders to 72% in a phased manner. At present, the company has completed 51% equity transfer and industrial and commercial registration, and continues to promote the subsequent acquisition of 21% equity as planned. Do you have a timetable? When will it be finished?
The company replied, thank you for your attention! The subsequent acquisition of 21% equity is progressing according to plan. At present, the company has obtained the control of the Indonesian Green Meibang project, to build a durable surging nickel resource driving force. The company is accelerating the construction of nickel resource projects in Indonesia to strengthen the raw material guarantee system. The main body of the key equipment will be officially shipped to Indonesia in mid-May 2021 and the installation will be completed. The Indonesian Nickel Resource project will transfer from the infrastructure construction phase to the rapid construction phase of equipment installation. The Indonesian Nickel project is scheduled to be completed in 2021 and put into operation in early 2022 to meet the company's strategic need for nickel resources in precursor material development.
