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  Befar Group Announced the Acquisition of Haiming Chemical′s Caustic Soda Project


On March 27th, Befar Group announced that its wholly-owned subsidiary, Befar Haiming, intended to acquire Haiming Chemical′s 200,000 tons/year caustic soda project for 149 million yuan. Haiming Chemical is an affiliated party of the company, and this transaction constitutes a related party transaction.
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