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.