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Zhuzhou Smelter's Subsidiary to Buy Equipment for 16 Million Yuan

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Zhuzhou Smelter Group's (SHA:600961) subsidiary, Shuikoushan Nonferrous Metals, plans to purchase equipment from Hengyang Shuikoushan Jinxin Lead for 15.6 million yuan, according to a Shanghai bourse.

The purchase will include machinery, equipment, vehicles and office equipment of Shuikoushan Jinxin's lead production line.

The smelting company's shares dropped 7% at the close.

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