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From 19 to 20 January 2007, the three mining subsidiaries held the annual meeting at Dali, Yunnan Province. The Board reviewed the company's operation performance of the Company in 2006.
To better meet the strict safety requirements from the State, the Company's three subsidiaries Baoshan Feilong, Yaoan Feilong and Puer Feilong held a safety awareness contest in Nov. 2006 to strengthen the safety awareness of the employees and improve the safety management. The safety awareness contest is conducted in two stages, i.e., hurry-to-answer and wr…
The Company successfully acquired several base metal projects in 2006 and had a successful placement of new shares. In responding to this change, Yue Da Holdings recently decided to change its Board membership and top management to increase its strength in geological mining, corporate financing, corporate governance, etc.
Yue Da Holdings’wholly-owned subsidiary Yue Da Mining has acquired the entire equity interests in Feisheng Group Corporation and its shareholder loans from Feilong Holdings Limited at a consideration of RMB250,000,000. Upon completion of the acquisition, Yue Da Holdings will come into 100% possession of Tengchong Ruitu Mining and Technology Co. Ltd. through…
