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Content provided by : China Knowledge
7 Nov 2008
Jilin AoDong plans to inject RMB 168 mln into Tadong Mining

Jilin AoDong Medicine Industry Group Co. Ltd<000623>, a China-based drugs maker, plans to inject RMB 168 million into Tong Steel Group Dunhua Tadong Mining Co. Ltd, to fund the construction of the latter.

After the capital injection, Dunhua Tadong Mining's registered capital will be raised to RMB 1 billion. Jilin AoDong Medicine has invested approximately RMB 309 million in total in the mining company, accounting for 30% of the latter's registered capital, sources reported.

Shares of Jilin AoDong Medicine gained 0.95% to close at RMB 15.88 on Friday.